Insurance DECODED
Latest edition: 21 May 2024
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Spotlight
Warburg Pincus and Temasek to buy UK's Specialist Risk Group
SRG, a UK-based insurance intermediary, has entered a definitive agreement for acquisition by private equity investor Warburg Pincus and Singapore’s Temasek.
Latest news
Ageas to acquire 10% of China's Taiping Pension for €137m
Belgian insurer Ageas has sealed a deal to invest around €137m (1.07bn yuan) to acquire a stake in Taiping Pension (TPP), a subsidiary of China Taiping Insurance Holdings.
Howden expands in Latin America with MiCRO acquisition
Howden, an international insurance intermediary, has acquired MiCRO, a microinsurance specialist for natural catastrophe coverage in Latin America.
Specialty insurer Richmond National raises $55m to fuel growth
Richmond National Group, a US-based specialty insurance company, has raked in $55m in a follow-on equity fundraise to support its growth plans.
Pager and AXA Partners Mexico partner to bolster care navigation
Digital healthcare enablement and care advocacy firm Pager and AXA Partners Mexico has partnered to provide new capabilities to improve the customer experience.
Insurtech Ondo achieves ISO 27001 certification
Claims prevention insurtech for home insurers Ondo has been given the ISO/IEC 27001:2022 (ISO 27001) certification.
Tokio Marine's FY23 net income soars 85.7% to $4.45bn
Japanese insurance company Tokio Marine has reported net income attributable to owners of the parent of Y695.80bn in FY23, an 85.7% surge from Y374.60bn in 2022.
Upstox enters Indian insurance space with HDFC Life as first partner
Upstox, an Indian fintech platform backed by Ratan Tata, has ventured into the insurance distribution sector, marking the company’s expansion beyond its traditional stock and mutual fund offerings.
In our previous edition
Insurance Decoded
Erste Bank Hungary, Companjon launch new flight delay insurance
20 May 2024
Insurance Decoded
Dutch insurer Aegon appoints new CFO and issues trading update
17 May 2024
Insurance Decoded
Allianz registers 21.8% growth in Q1 profit
16 May 2024
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