1+ hour, 37+ min ago  (297+ words) The Lisbon-based company could be valued at around "150m ($172. 78m), according to the report. Allianz is holding advanced discussions on a possible purchase of Portuguese insurer Caravela Seguros after making an approach for the business, according to'the Jornal Econ'mico. Sources privy to…...

1+ mon, 3+ day ago  (337+ words) Reserv, a tech-enabled third-party administrator (TPA), has raised $125m in a Series C funding round to enhance AI-powered insurance claims. The funding round was led by KKR, with existing backers Bain Capital Ventures and Flourish Ventures also taking part alongside selected…...

1+ mon, 1+ week ago  (449+ words) The insurer's Q1 revenue increased by 8% to $2. 41bn (1. 77bn), compared to $2. 22bn in the same period last year. Willis Towers Watson (WTW) posted net income of $303m for the first quarter of 2026 (Q1 2026), a 27% increase from $239m in the same quarter a year earlier. Q1 revenue increased by…...

1+ mon, 3+ week ago  (264+ words) JJL&W offers employee benefits including dental, disability, life, medical, vision and voluntary cover. Trucordia has taken over the assets of JJL&W Insurance Consulting, an employee benefits broker based in Baton Rouge, Louisiana, US. JJL&W was set up…...

2+ mon, 5+ day ago  (266+ words) US-based insurance company Acrisure has finalised its acquisition of Vave, a property-focused managing general agent (MGA), from Canopius Group. The financial details of the transaction were not disclosed. Vave will join Acrisure Underwriting, Acrisure's MGA platform in the US insurance…...

2+ mon, 1+ week ago  (293+ words) Jio Financial Services (JFS) is looking to launch both general and life insurance businesses, with a start date targeted for 2026, according to the company's CEO and managing director Hitesh Sethia. "We hope to start insurance manufacturing in 2026, subject to regulatory…...

2+ mon, 2+ week ago  (325+ words) Everest Group has entered into a definitive agreement to sell its Canadian retail insurance business, Everest Insurance Company of Canada (Everest Canada), to the Wawanesa Mutual Insurance Company (Wawanesa). The proposed disposal is part of Everest's stated shift away from…...

2+ mon, 2+ week ago  (316+ words) Current CEO Robbie Smith will take on the position of executive chairman, with CFO Matt James replacing him as chief executive. Oakbridge Insurance has announced a series of leadership changes scheduled to take effect on 1 July 2026. Robbie Smith, currently president…...

3+ mon, 3+ day ago  (334+ words) NFP, a property and casualty (P&C) broker that is part of Aon, has launched a P&C (property and casualty) group captive practice after acquiring Trinity Risk Advisors. Trinity Risk Advisors is a captive brokerage operator based in Charlotte, North…...

4+ mon, 4+ day ago  (392+ words) Net income for 2025 reached $1. 61bn (1. 17bn), reversing a net loss of $88m from the prior year. WTW has reported net income of $736m in the fourth quarter of 2025 (Q4 2025), down 41% from $1. 25bn in the previous year. Diluted earnings per share came in at $7. 62, down 38% year-on-year, while…...