Financial Services Archives - Life Insurance International

Generali, BFF Bank and BPCE advance in GamaLife acquisition bidding process

gullapalliprasanna — Fri, 21 Nov 2025 09:29:08 +0000

Apax Partners is reportedly aiming for a valuation close to €600m ($691.56m) for GamaLife, a European life insurance consolidator.

The post Generali, BFF Bank and BPCE advance in GamaLife acquisition bidding process appeared first on Life Insurance International.

James Addington-Smith to become Marsh UK CEO in early 2026

gullapalliprasanna — Thu, 20 Nov 2025 09:06:16 +0000

In his capacity as CEO, Addington-Smith will guide the strategic direction and execution of Marsh’s commercial activities in the UK.

The post James Addington-Smith to become Marsh UK CEO in early 2026 appeared first on Life Insurance International.

AI-driven insurance platform Federato raises $100m in Series D funding

vidhyamunnangi — Wed, 19 Nov 2025 09:03:10 +0000

This latest investment follows business expansion for Federato, which reported a threefold increase in revenues over the past year.

The post AI-driven insurance platform Federato raises $100m in Series D funding appeared first on Life Insurance International.

Prismic Life completes $1.3bn capital raise to grow reinsurance platform

gullapalliprasanna — Wed, 19 Nov 2025 08:57:19 +0000

Including this latest round, Prismic has raised more than $1.5bn to date.

The post Prismic Life completes $1.3bn capital raise to grow reinsurance platform appeared first on Life Insurance International.

Mitsui Sumitomo Insurance to take 18% stake in MassMutual’s Barings for $1.4bn

vidhyamunnangi — Tue, 18 Nov 2025 09:15:58 +0000

After the sale, MassMutual will continue to hold a majority position in Barings, maintaining an 82% stake and full governance control.

The post Mitsui Sumitomo Insurance to take 18% stake in MassMutual’s Barings for $1.4bn appeared first on Life Insurance International.

Liberty General launches surety insurance solution in India

Verdict Staff Writer — Mon, 17 Nov 2025 09:23:35 +0000

According to the company, this launch will support India’s infrastructure expansion goals and reduce liquidity pressure on contractors.

The post Liberty General launches surety insurance solution in India appeared first on Life Insurance International.

Swiss Re reports $4bn net income for 9M 2025

vidhyamunnangi — Mon, 17 Nov 2025 09:10:41 +0000

The growth in earnings was mainly attributed to improved underwriting results within the company’s P&C reinsurance segment.

The post Swiss Re reports $4bn net income for 9M 2025 appeared first on Life Insurance International.

Manulife and Mahindra & Mahindra to form life insurance JV in India

vidhyamunnangi — Fri, 14 Nov 2025 09:37:57 +0000

The arrangement will see both companies invest up to $400m each, with $140m expected from each in the first five years.

The post Manulife and Mahindra & Mahindra to form life insurance JV in India appeared first on Life Insurance International.

Markel rolls out Storage Tank Liability insurance via digital platform in Canada

gullapalliprasanna — Fri, 14 Nov 2025 08:49:40 +0000

The STL insurance is designed to protect against third-party claims arising from environmental risks linked to storage tanks.

The post Markel rolls out Storage Tank Liability insurance via digital platform in Canada appeared first on Life Insurance International.

Chubb unveils AI-driven optimisation engine for embedded insurance

gullapalliprasanna — Thu, 13 Nov 2025 09:19:59 +0000

The new functionality leverages AI to assess data and offer tailored insurance products at the point of sale.

The post Chubb unveils AI-driven optimisation engine for embedded insurance appeared first on Life Insurance International.