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Insurance DECODED

Latest edition: 17 May 2024
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Spotlight

Dutch insurer Aegon appoints new CFO and issues trading update

Dutch life insurance company Aegon has named Duncan Russell as its new chief financial officer (CFO), replacing Matt Rider, who is set to retire after a stint of more than seven years.

Latest news

ABN AMRO signs life insurance strategic partnership in France

ABN AMRO, through its French private bank Neuflize OBC, has entered into talks with BNP Paribas Cardif to form a strategic partnership in life insurance in France.

AIG to offload 20% stake in Corebridge to Nippon Life in $3.8bn deal

American International Group (AIG) has reached an agreement to divest a 20% ownership stake in Corebridge Financial to Japan’s Nippon Life Insurance Company (Nippon Life).

Swiss Re posts IFRS net income of $1.09bn in Q1 2024

Swiss Re has reported net income of $1.09bn and a return on equity (ROE) of 21.3% for the first quarter (Q1) of 2024.

Clearcover, Ada launch GenAI tool for enhanced customer service

Car insurance company Clearcover, in collaboration with AI-native customer service automation company Ada, has rolled out a new GenAI customer service solution.

Beazley appoints head of US cyber

Specialist insurer Beazley has appointed Melissa Carmichael as head of US cyber, effective immediately.

Republic Life Insurance goes live with Sapiens in the Caribbean

Insurance software provider Sapiens has announced that Caribbean-based Republic Life has gone live with Sapiens CoreSuite and Sapiens Digital Suite.

Cover Genius closes $80m funding round

Embedded protection insurtech Cover Genius has closed its $80m Series E funding round.

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