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Insurance

AI in Insurance: Driving Efficiency And Customer Service

Artificial intelligence (AI) insurance solutions are growing worldwide, driving phenomenal expansion and efficiency in business processes and customer service. By 2025, usage of AI in insurance had become a standard feature across much of the sector, reshaping underwriting, claims,...

Aon and Redkik Collaborate to Modernise Logistics Insurance

Aon, leading global professional services firm, has entered into a collaboration with Redkik, a software innovator in logistics and transportation insurance. The move is aimed at modernising how cargo and shippersโ€™ interest insurance are embedded across global supply chains. This...

Athora Acquires PIC in ยฃ5.7B Pension Risk Transfer Deal

Athora Holding Limited has agreed to pay around ยฃ5.7 billion to purchase Pension Insurance Corporation Group Limited (PICG), which is the parent company of Pension Insurance Corporation plc (PIC). Athora will now own PIC as its UK insurance company. For...

ADB Issue Largest Panda Bonds Issuance Worth CNY8.3 Billion

The Asian Development Bank (ADB) has successfully issued a CNY8.3 billion (about $1.15 billion), 3-year bond issue, its largest Panda Bonds to date, raising significant capital to support its development projects for both sovereign and private sector borrowers. The Asian...

Wildfire Resilience Insurance โ€“ A Peerless Policy Launched

Willis, which happens to be a business of WTW and The Nature Conservancy - TNC, announced one of its kind insurance policies on April 2, 2025, that takes into consideration endeavors to lessen fire risk. The $2.5 million wildfire...

Leading Business Insurance Provider Acquires Arthur Hall

Marsh McLennan Agency โ€“ MMA, which is the business of Marsh as well as a leading provider when it comes to business insurance, employee health and benefits, private client insurance, and also retirement and health solutions throughout the US...

Cyber Insurance in India Sees a 100% Policy Renewal Rate

Interestingly, cyber insurance happens to be seeing unprecedented progress in India, with a 100% policy renewal rate as businesses do recognize the rising occurrences when it comes to cyberattacks. As per a study conducted by Policybazaar for business, the BFSI,...

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