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Cashe forays into insurance broking with Centcart acquisition
The acquisition will allow Cashe to offer various life and general insurance products from all insurance companies in India.
Verisk rolls out index for actuarial risk pattern analysis
The launch introduces loss level metrics by state for homeowners insurance, with plans for expansion to other key business lines.
Aurora gains AXA backing for new commercial combined offering
The new product extends up to £12.5m ($16.01m) in property indemnity as well as £10m in public liability coverage.
NI Holdings closes sale of Westminster American Insurance
The company intends to use the proceeds from this transaction, valued at $10.5m, for general corporate purposes.
Star Health launches home healthcare services in 50 cities across India
The service package covers professional and nursing fees, medications and lab tests, eliminating out-of-pocket expenses.
LIC of India increases stake in Sri Lankan arm LIC Lanka
The capital injection is intended to meet the regulatory requirements set by the Insurance Regulatory Commission of Sri Lanka.
AutoRek partners J.P. Morgan Payments to streamline premium processing
The collaboration will allow insurance companies to simplify cash allocation, matching and credit control processes.
Mapfre Re secures regulatory approval to establish new branch in Beijing, China
The Beijing branch is expected to enhance Mapfre Re’s service offerings and bolster support for its Chinese clientele.
Alternative asset manager Blue Owl finalises Kuvare acquisition
The deal marks a significant expansion of Blue Owl’s existing services and the launch of a new division, Blue Owl Insurance Solutions.
Madanes deploys Novidea’s insurance management platform
The transition has digitised all operational and business processes at Madanes, integrating external and internal data sources.