Generali has entered into an agreement to sell a majority stake of Generali Leben to Viridium Gruppe, a leading specialist for the management of life insurance portfolios in Germany. Viridium...

Liberty Specialty Markets has rebranded its reinsurance division as Liberty Mutual Re and launched a reinsurance operation in Italy for the first time.   The rebrand is effective immediately and...

ALTIMA, the wholly-owned subsidiary of MAIF is introducing pay-per-minute car insurance.   The new policy is geared towards infrequent drivers, allowing for up to 20% savings on the annual premium....

International payments company Airwallex today announced the successful completion of its Series B fundraising. The company has now secured US$80 million from venture capital investment, taking their total fundraising to...

Planck Re, the Tel Aviv-based startup that’s on a mission to simplify commercial insurance underwriting has raised $12m in a Series A round, led by Arbor ventures with participation from...

Fairfax Financial Holdings unit, Digit Insurance, has acquired privately owned reinsurer ITI Reinsurance from Fortune Financial Services, as reported by The Economic Times. The sale price is around Rs 500...

Prudential Hong Kong is transforming its hospital claim insurance process from this…:     …to this:     Based on customer feedback, starting Tuesday, Prudential Hong Kong will launch its...

Deserve, the Menlo Park-based company that helps international students, millennials and Gen Z’s gain access to credit, is now featuring Lemonade as one of its credit card perks, alongside Amazon...

Motorists Life, a member of Motorists Insurance Group, launched a consumer-facing online life insurance pilot program with five agencies. The program, Real-Time Term On-Behalf-Of (RTT OBO), helps property & casualty...

LähiTapiola invests EUR 3 million in the company and joins Verso Food in addition to previous Finnish family businesses and other private investors. The company known for its Härkis products is...

Global Atlantic Financial Group announced today that it will be the first carrier to offer annuities on the Envestnet Insurance Exchange, a recently introduced program that integrates insurance solutions into the...

German auto supplier Bosch is collaborating with Amazon-backed Mojio, an open platform for connected cars, to get more vehicles connected wirelessly to a wide range of digital services. Bosch will invest...

BitSight, the Global Standard in Security Ratings, announced that it has closed $60m in Series D funding, bringing the company’s total funding to $155m. BitSight’s Series D financing was led...

Tel-Aviv-based  announced a $3.1m Series B from Mirai Creation Fund, Goldbell Investments, and Sompo Holdings via TransLink Capital.   Guardian Optical Technologies, established in 2014 and led by Gil Dotan, enables...