Zurich Australia expands in life insurance market with ClearView acquisition
Zurich Financial Services Australia (Zurich) has entered an agreement to acquire ClearView Wealth Limited (ClearView) via a scheme of arrangement. The transaction bases ClearView’s equity value at approximately AUD 415 million. Zurich Australia confirmed that the proposed acquisition has received…
Kin sees continued top-line growth in 2025 as GWP reach $634.4m
Kin, the direct-to-consumer digital home and auto insurance and home finance provider, has reported continued strong top-line expansion in 2025, with gross written premium (GWP) increasing 28% year-on-year to $634.4m, compared with $495.3m in 2024. The growth was driven primarily…
Quiz – How Well Do You Understand Your Health Insurance?
Health insurance is often complicated, but understanding the basics helps you make better decisions about your coverage and care. This 10-question quiz touches on some terms you may encounter.
Health Insurer Financial Performance in 2024
This analysis of trends in health insurers’ financial data shows that insurers’ gross margins per enrollee dipped slightly in 2024 across four markets, remaining highest in the Medicare Advantage market, followed by the individual (non-group) market, the fully insured group…
EMEA re/insurer ratings show improvement in 2025, AM Best report finds
Ratings of insurers and reinsurers across Europe, the Middle East, and Africa (EMEA) showed improvement in 2025, according to a new report from AM Best, a credit rating agency specialising in the insurance sector. The findings are presented in the…
Legacy specialist Xitus selects INTX as core insurance operating system
Xitus, a legacy specialist providing discontinued insurance solutions through acquisition and loss portfolio transfers, has chosen INTX Insurance Software, a complete Insurance Operating System for specialty P&C insurers, MGAs, reinsurers and captives, as its core insurance operating system to support…
Willis Re welcomes Rikki Hornett to its leadership team
Willis Re, a re/insurance advisory and broking firm and part of WTW, has announced the appointment of Rikki Hornett to its team, bringing more than 40 years of industry experience, including over 25 years working in the Bermuda market. During…
Travelers to enhance customer experience with new Agentic AI Claim Assistant
The Travelers Companies, Inc. has announced the launch of its AI Claim Assistant, a new solution developed using OpenAI model capabilities and APIs. Described as an industry-leading solution, this fully agentic intelligent voice service uses advanced language and speech recognition…
Zurich’s Asia Pacific business posts gross premiums of $7.5bn and record BOP in 2025
Zurich Insurance Group (Zurich) has reported its full-year 2025 performance in Asia Pacific, posting gross premiums of $7.5 billion and a record overall business operating profit (BOP) of $633 million, up 8% year over year. The global multi-line insurer said…
Newly launched Pinion hires Fortegra’s Kyle Selvig as US CUO
Pinion Insurance, a newly formed specialty insurance carrier, has announced the appointment of Kyle Selvig as US Chief Underwriting Officer (CUO), effective immediately. In this commercial role, Selvig will be responsible for building Pinion’s US Managing General Agent (MGA) network,…