All articles by Vishnupriya N
Vishnupriya N
Direct Line dismisses Ageas’ £3.17bn takeover proposal
The latest proposal offered 120p in cash and one new Ageas share for every 28.41107 Direct Line Group shares.
Verisk streamlines workers’ compensation claims with two accelerators
Using automation and analytics, these tools expedite the handling of claims and increase precision in claims management.
SCOR announces reinsurance business restructure
This reorganisation is designed to simplify operations within P&C and L&H divisions, aiding faster decision-making.
ANIB unveils marine insurance cover to combat geopolitical risks
The company will offer customised coverage for the unique situation of each client, particularly those operating in high-risk areas.
Aspen UK appoints Sarah Stanford as new CEO
With Stanford’s transition to CEO, Dan Osman will take on her previous role as active underwriter of Lloyd’s Syndicate 4711.
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Munich Re posts €4.6bn profit in 2023
Earnings per share (EPS) for the company for the year were €33.88 and return on equity (ROE) was 15.7%.
SRS to boost captive management capabilities with Robus deal
The companies did not disclose the financial terms of the deal, which is awaiting regulatory approval.
Howden rolls out new insurance facility to cover CO₂ leaks
The new insurance offering safeguards against liabilities linked to carbon credits and allowances.
Swiss start-up CarbonPool garners $12m in seed funding
Heartcore Capital and Vorwerk Ventures, among others, led the funding round.
Allianz Direct acquires Luko’s home insurance business
In June last year, Luko faced financial challenges, leading to a bankruptcy filing.