All articles by Vishnu Priya N
Vishnu Priya N
PartnerRe names Philippe Meyenhofer as new CEO
Meyenhofer became part of PartnerRe in 2010 and progressed through various leadership roles within the company.
RGA invests in Israeli insurtech company DigitalOwl
The companies also formed a global partnership to integrate artificial intelligence (AI) in life and health reinsurance.
Sompo hires new marine insurance head for Germany, Austria
In the new role, Steufer will report to Germany and Austria Insurance country manager Malte Dittmann and operate out of Cologne.
Gallagher buys German broker Köberich Financial Lines
The acquisition complements Gallagher’s current operations in Norway, Sweden, Liechtenstein, Turkey and Switzerland.
Marsh unveils AI-based ‘ReadyCell’ for quick captive creation
ReadyCell allows enterprises of varying sizes to swiftly launch their own insurance entities.
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Aviva closes purchase of Canada’s Optiom for $127m
The deal is said to be a significant addition to capital-light businesses of Aviva, which constitute more than half of its portfolio.
Westland expands Canadian reach with two new acquisitions
The acquisition of the two companies strengthens Westland’s presence in Northern Alberta.
Pan-American Life Insurance closes Encova Life acquisition
There will be no alterations to the product terms or features for existing policyholders of Encova Life.
Alliant extends Oregon presence with PBC Insurance unit acquisition
The complete tePBC Employee Benefits unit team will be integrated into Alliant and will continue to operate from Eugene.
Cigna in talks to sell Medicare Advantage for nearly $4bn
The potential deal is due to be announced shortly unless negotiations falter, and would signify a strategic pivot for Cigna.