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Wrisk Limited, a digital insurance platform specializing in embedded insurance for the automotive industry, has confirmed a strategic investment from Allianz Holdings Ltd. The investment is part of Wrisk’s recently announced Series B funding round, led by Alma Mundi Ventures and Opera Tech Ventures. With this investment, Allianz joins a group of shareholders that have…
Saudi Reinsurance has received approval from the Saudi Arabian Insurance Authority and relevant Indian authorities to open a branch in the International Financial Technology City (GIFT City) in Gujarat, India. The move by Riyadh-based Saudi Re, which has been active in the Indian market for more than a decade, comes after the Indian government unveiled…
QBE Re, the reinsurance arm of global insurer QBE, has appointed Sven Liu, who has more than 16 years of international reinsurance experience in Asia and Europe, as head of Greater China. Liu is an experienced multi-line underwriter who has held senior roles in underwriting, client engagement and business development throughout Greater China. His previous…
Shri M. Nagaraju, Secretary, Department of Financial Services (DFS), while addressing the 3rd IFSCA-IRDAI-GIFT City Global Reinsurance Summit in Mumbai, said that India’s re/insurance industry is on the verge of transformative growth and called the industry “critical” to achieve the country’s economic goals. The summit brought together key stakeholders across the financial services ecosystem and…
QBE Re, the reinsurance arm of global insurance company QBE, has appointed Sven Liu as head of Greater China. Sven joins QBE Re with over 16 years of international reinsurance experience in Asia and Europe. He is an experienced multi-line underwriter who has held senior positions focusing on underwriting, client engagement and business development in…
AIG and CVC have collaborated to support AIG’s long-term investment objectives, including the creation of large-scale separately managed accounts within CVC’s credit strategies and the launch of CVC’s private equity secondary market evergreen platform with AIG as a cornerstone investor. CVC will establish its evergreen private equity secondary market platform, with AIG contributing up to…
Global reinsurer Swiss Re said the Indian insurance market is set for a period of strong growth and will surpass other major markets in the next five years. Swiss Re’s report “India’s Economic and Insurance Market Outlook 2026-2030: Resilient and Growing Amid Global Change” forecasts annual premium growth of 6.9% from 2026 to mid-2030, making…
Chubb, a major US insurance company, announced the appointment of Cherry Gau as head of key accounts and global brokerage in Singapore, effective January 19, 2026. Gao has nearly 20 years of regional and multinational experience spanning underwriting, broker engagement and complex risk solutions. She joins Chubb from Berkshire Hathaway Specialty Insurance for nearly a…
As a claims management and risk services provider within the Arthur J. Gallagher Group, Gallagher Bassett supports insurers and businesses across multiple industries and geographies, with a clear focus on expansion, consolidation and investment as it enters 2026. Senior leaders from the company’s Europe, Middle East and Asia (EME&A) business outline priorities for the year…
eReinsure.com, Inc., a provider of software solutions for the reinsurance market, announced that Kyle Domire has joined the company as Vice President of North American Sales. Domire joins eReinsure from parent company Amwins’ brokerage division, where he gained extensive experience working with wholesale brokers and carriers in the US market. Igor Best-Devereux, president of eReinsure,…