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Munich Re acquires US based cyber insurtech At-Bay for $575 million

Munich Re acquires US based cyber insurtech At-Bay for $575 million

by AIP Online Bureau | Aug 19, 2026 | International News, Non-Life, Reinsurance, Technology

The acquisition is a strategic move to strengthen Munich Re’s and HSB’s position as a leader in the cyber market by combining insurance with proactive risk mitigation and a state-of-the-art technology platform. It also positions the company for greater access to a...
Wall street leans on Insurance Pools for $16 billion Kuwait deal

Wall street leans on Insurance Pools for $16 billion Kuwait deal

by AIP Online Bureau | Aug 18, 2026 | Eco/Invest/Demography, International News, Non-Life

Blackstone Inc., Brookfield Asset Management Ltd. and KKR & Co. opted for insurance-backed financing for the debt portion of the landmark deal. The decision points to the growing role of insurers as providers of long-dated capital for infrastructure assets, whose...
Sitharaman asks public sector banks to focus on youth; provide cool, simple banking to suit their needs

Sitharaman asks public sector banks to focus on youth; provide cool, simple banking to suit their needs

by AIP Online Bureau | Aug 18, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

Finance Minister Nirmala Sitharaman Sitharaman also pointed to the perception gap between public and private sector banks among younger customers, saying private banks appeared to have an image of being banks that were “cool enough as well”, and urged PSBs...
Meta faces 29-state trial that could reshape Instagram and Facebook

Meta faces 29-state trial that could reshape Instagram and Facebook

by AIP Online Bureau | Aug 18, 2026 | International News, Risk Management

The trial will test the four states’ allegations that Meta ​designed Facebook and Instagram to be addictive to children and teens and misled consumers about the safety of the platforms for young users. ​It will also address the claims of all 29 states accusing Meta of...
Prudential gets CCI nod to acquire 75 pc stake in Bharti Life Insurance

Prudential gets CCI nod to acquire 75 pc stake in Bharti Life Insurance

by AIP Online Bureau | Aug 18, 2026 | Indian News, Life, Regulation

In May this year, UK-based Prudential plc announced that it would acquire a majority 75 per cent stake in Bharti Life Insurance for Rs 3,500 crore from Bharti Life Ventures Pvt Ltd and 360 ONE Asset Management. New Delhi:Fair trade regulator CCI on Tuesday cleared the...
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Recent Posts

  • Munich Re acquires US based cyber insurtech At-Bay for $575 million
  • Wall street leans on Insurance Pools for $16 billion Kuwait deal
  • Sitharaman asks public sector banks to focus on youth; provide cool, simple banking to suit their needs
  • Meta faces 29-state trial that could reshape Instagram and Facebook
  • Prudential gets CCI nod to acquire 75 pc stake in Bharti Life Insurance

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