InsurancePhilip Morris’ insurance arm carves a new market: Japan’s vapersPritam BordoloiDecember 17, 2019 by Pritam BordoloiDecember 17, 2019 Philip Morris’ iQOS, a tobacco heating system dominates the Japanese market with a market share of around 70 percent... Read more
InsuranceKenya insurtech Turaco raises $1.2 mn to upgrade operationsPritam BordoloiDecember 12, 2019 by Pritam BordoloiDecember 12, 2019 Investors that took part in the funding round include Gan Ventures, Mercy Corps Ventures and Musha Ventures... Read more
InsuranceChubb first property insurer to invest in Africa Trade InsurancePritam BordoloiDecember 11, 2019 by Pritam BordoloiDecember 11, 2019 Chubb, which is the world’s biggest property insurer, will invest $10 mn in African Trade Insurance Agency... Read more
InsuranceSwiss Re to sell insurance subsidiary to Phoenix for £3.25 bnInternational Finance DeskDecember 9, 2019 by International Finance DeskDecember 9, 2019 The acquisition of ReAssure will enable Phoenix to firm up its European presence as the largest insurance provider... Read more
InsuranceAXA acquires Lloyd’s coverholder Secure Legal TitlePritam BordoloiNovember 28, 2019 by Pritam BordoloiNovember 28, 2019 AXA XL also announced the acquisition of Armour Secure, a Mexican title insurer affiliated to Secure Legal Title... Read more
InsuranceUK Insurtech startup Zego first to get insurance licencePritam BordoloiNovember 13, 2019 by Pritam BordoloiNovember 13, 2019 While Zego will continue to work with its partners, the licence will help the startup innovate new policies... Read more
InsuranceAmGeneral-Allianz merger deal may have collapsedPritam BordoloiOctober 1, 2019 by Pritam BordoloiOctober 1, 2019 Reportedly, the Malaysian central bank sees the merged entity as too big for the market... Read more
InsuranceInsurers fight for Aviva’s $2.5 bn Southeast Asia businessPritam BordoloiSeptember 25, 2019November 1, 2019 by Pritam BordoloiSeptember 25, 2019November 1, 2019 Allianz and Nippon Life among the companies fighting for Aviva’s Singapore and Vietnam businesses... Read more
InsuranceFrance’s CNP to sign $1.7 bn insurance deal with Brazil bankPritam BordoloiSeptember 20, 2019November 4, 2019 by Pritam BordoloiSeptember 20, 2019November 4, 2019 CNP will sell insurance through Caixa’s 3000 branches... Read more
InsuranceIF EXCLUSIVE: After raising $18 mn, UAE insurtech eyes Middle EastInternational Finance DeskAugust 28, 2019March 18, 2020 by International Finance DeskAugust 28, 2019March 18, 2020 Aqeed aims to help insurance players across the Middle East enhance ROI and customer experience... Read more