Akash Lakhani promoted to Head of Marine for GCC and North Africa

Published on October 10, 2025
(Akash Lakhani) American International Group (AIG) has announced the promotion of Akash Lakhani to the position of Head of Marine for the Gulf Cooperation Council (GCC) and North Africa.A Chartered Insurance Institute graduate, A. Lakhani began his career in the insurance industry in 2014.
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Meanwhile secures $82m to meet growing demand of bitcoin-denominated life insurance

October 10, 2025
Meanwhile, a bitcoin life insurer regulated by the Bermuda Monetary Authority, has successfully raised $82 million in new capital to meet strong demand for inflation-proof savings and retirement products.The round was co-led by Bain Capital Crypto and Haun Ventures with Pantera Capital and additional participation from Apollo, Northwestern Mutual Future Ventures, and Stillmark.The funding will hel

AM Best raises AXA’s credit ratings on steady profitability & diversified business

October 10, 2025
AM Best, the credit rating agency, has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) of AXA S.A. (AXA) and its rated subsidiaries to “aa” (Superior) from “aa-” (Superior).The agency also reaffirmed the Financial Strength Rating (FSR) of A+ (Superior). AXA, headquartered in France, serves as the primary operating holding company of the AXA Group and functions as its internal reinsure