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Insurance industry news
526 posts
Data security incident at Pan-American Life Insurance : Critical vulnerability in MOVEit transfer leads to data exposure
Pan-American Life Insurance Group (PALIG), a key player in the life, accident, and health insurance sector in the…
HCLTech and Roadzen partner to revolutionize auto insurance with AI technology
In a groundbreaking move for the auto insurance industry, global technology leader HCLTech and AI-driven auto insurance innovator…
KKR to acquire full ownership of insurance giant Global Atlantic for $2.7bn
KKR & Co. Inc. (NYSE: KKR) and Global Atlantic Financial Group announced a landmark deal, signaling KKR’s acquisition…
Aviva to acquire Canadian vehicle replacement insurance provider Optiom
Aviva plc has announced its acquisition of Optiom O2 Holdings Inc, commonly known as Optiom, for a consideration…
Karnataka Bank, HDFC Life forge partnership for life insurance solutions
Karnataka Bank has announced a strategic corporate tie-up with HDFC Life, one of India’s leading life insurance providers.…
Allianz Q3 2023 earnings: Operating profit declines by 14.6%, shareholders’ net income drops 29.3%
In the third quarter of 2023, German insuranc giant Allianz achieved a significant increase in its business volume,…
LIC reports record profit after tax of Rs 17,469cr in H1-FY 2024
Life Insurance Corporation of India (LIC) has announced a groundbreaking financial performance for the half year ended September…
Arthur J. Gallagher expands in New York with acquisition of Evans Agency
In a significant move to expand its market presence in the Northeastern United States, Arthur J. Gallagher &…
Keaney Insurance Brokers joins Arthur J. Gallagher & Co. following strategic acquisition
In a move to bolster its service offerings in Ireland, Arthur J. Gallagher & Co. has acquired Keaney…
Travelers Companies to acquire cyber insurance leader Corvus for $435m
In a strategic move to enhance its cybersecurity insurance offerings, The Travelers Companies, Inc. (NYSE: TRV) has entered…