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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.

UK Income Protection Insurance Distribution Dynamics

Discover what is most influential to customers when purchasing and reveal the most popular providers in the market by understanding new trends and innovations.

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