Keep up with what has been happening this week in our latest insurance news round-up…
Insurer, Aviva have completed a bulk purchase annuity transaction worth £103m for the Homestyle 2007 Scheme allowing them to insure the defined benefit pension liabilities of their scheme members.
Fidelis Insurance Holdings announces that ir has raised an additional $60 million in equity capital from existing and new investor relationships.
After motor and home insurers became more profitable during the pandemic, Zurich Insurance and Farmers Exchanges have agreed to buy MetLife’s U.S. property and casualty business for $3.94 billion.
According to GlobalData’s 2020 UK Insurance Consumer Survey, one in five individuals are interested in purchasing cyber insurance, with 58% of those interested having a household income of less than £50,000.
Tesco Underwriting has used a low-code platform from Netcall to help improve its Net Promoter Score and streamline how the business processes complex insurance claims.