All articles by Vishnupriya N
Vishnupriya N
UAE-based Al Wathba National Insurance names new CEO
Frederik Bisbjerg will succeed Bassam Chilmeran, who will assume a strategic advisory role on the company’s board.
Generali registers 29% jump in net results in first nine months
Gross written premiums for the period increased by 4.7% to €60.46bn.
Financials Acquisition cancels business merger with LIU
The business combination deal was terminated as LIU failed to secure sufficient cash funds.
Phoenix Group acquires minority stake in venture capital investor Antler
Antler plans to make investments in more than 400 early-stage tech ventures this year.
IAG becomes part of Australian Government’s cyclone reinsurance pool
The pool intends to cut down insurance premiums for qualified policyholders in various regions in Australia.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Allianz net income plummets 29% in Q3
Revenue during the three months that ended on 30 September increased by 4.5% to €36.5bn ($39.11bn).
Hub International unveils Violent Acts Liability Insurance offering
This offering is underwritten by Lloyd’s of London and ensures limits of up to $25m.
Sumitomo Life increases stake in Singlife with $132.7m investment
The capital infusion took the stake held by Sumitomo Life in Singlife from 23.22% to 27%.
Parameter Climate re-acquires its stake from SiriusPoint
Launched in 2021, Parameter Climate received seed investment from SiriusPoint in exchange for an ownership stake.
India’s HDFC Life reports 15% rise in H1 post-tax profit
Individual annualised premium equivalent during the period rose 9% to Rs44.7bn from Rs41.1bn a year ago.