All articles by Vishnupriya N
Vishnupriya N
Fidelis Insurance swings to $87.7m profit in Q3
The company earned a net premium of $509.7m as against $433.6m in the same period a year ago.
TPG considers divesting stake in Singlife at $3bn valuation
TPG currently holds a 35% stake in Singlife while Japan’s Sumitomo Life Insurance holds a 27% stake.
Insurtech company wefox names new chief technology officer
Paul Onnen will succeed Sergi Banos, who will now assume the role of chief platform officer (CPO).
United India Insurance posts Rs2.04bn profit for Q2
Total operating profit was Rs2.07bn versus a loss of Rs3.72bn a year earlier.
Indian fintech company InCred to foray into insurance business
The company’s board approved a resolution to seek a licence from the Indian insurance regulator.
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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.