Swiss Re Names Dean Galligan to Lead L&H Transactions as Longevity Pipeline Builds
Swiss Re creates a dedicated Head of L&H Transactions role, naming Goldman Sachs and Phoenix Group veteran Dean Galligan—signaling intent to compete aggressively in…
Line of Business
Life & Health
India Opens Insurance Sector to Full Foreign Ownership Under 100% Automatic FDI Route
India insurance FDI cap lifted to 100% via automatic route—removing the 74% foreign ownership ceiling and opening the world's fastest-growing major insurance market to…
Hong Kong Private Health Insurance Spend Climbs 60% Above Pre-Pandemic Levels
Hong Kong private health insurance expenditure up 60% since 2019, driven by 70% surge in claim frequency. VHIS hits 1.4M policies but only 21%…
Lassie Closes $75M Series C to Scale the AI That Closes Pet Claims in Under 6 Minutes
Lassie raises $75M Series C, closes 60% of pet insurance claims in under 6 minutes via agentic AI. What the $100M ARR European insurtech…
Thomas Buberl Wins AXA Mandate Through 2030, Locking In AI and P&C Growth Strategy
AXA CEO Thomas Buberl wins a four-year mandate through 2030 confirmed at the April 30 AGM, locking in the Unlock the Future strategy with…
Ping An AI Agents Log RMB 30.4B in New Sales, Setting a Global Benchmark for Agentic Distribution
Agentic AI systems generated RMB 30.44 billion in new insurance sales at Ping An in Q1 2026, automating 82% of interactions — a revenue-scale…
Global InsurTech Funding Rises 27% to $943M in Q1 2026, with AI Accounting for Three-Quarters of Capital
Global insurtech investment reached $943.4 million across 42 deals in Q1 2026 — up 27% year-on-year — with approximately 75% of capital flowing to…
APRA Calls for Step Change in AI Risk Governance Across Insurance Sector
APRA AI risk governance directive urges insurers to strengthen AI controls as EIOPA and NAIC frameworks converge, creating H2 2026 compliance deadlines.
Ageas Takes Full Ownership of AG Insurance in €1.9B Deal with BNP Paribas
Ageas AG Insurance acquisition completes at €1.9B, giving Belgium’s top insurer full ownership and securing a 15-year BNP Paribas bancassurance deal.