All articles by Shivam Mishra

Shivam Mishra

Indian Government mulls selling GIC and LIC stakes in FY 2024/25 

The sale of a 10% stake in GIC would occur over time, potentially raising around Rs57bn ($683.73m). 

Chubb appoints new COO of personal risk services unit 

Effective later this month, Melissa Scheffler will oversee the execution of the business’s growth and portfolio management plans in North America. 

Huize, PICC Life team up on new critical illness insurance product 

The product, named i Wu You – Low-Threshold Edition, offers coverage for 28 severe and three mild conditions. 

Pen Underwriting forms capacity partnership with SiriusPoint 

With the multi-year agreement, SiriusPoint will become the 100% capacity provider for Pen’s social housing practice.  

Marsh McLennan Q1 attributable net income jumps 13%  

Marsh McLennan’s risk & insurance services business, which includes Marsh and Guy Carpenter, recorded $4.27bn in revenue. 

Generali unveils new organisational structure  

This reorganisation aims to accelerate growth and enhance both insurance and asset management. 

Munich Re rejigs underwriting structure across APAC MEA 

The initiative is designed to strengthen local market underwriting capabilities and streamline business division focus.  

Macquarie forms partnership with specialty insurer Mosaic  

The partnership with Mosaic will enable Macquarie to write transactional liability insurance on a delegated authority basis. 

Allianz divest 51% stake in Allianz Saudi Fransi to ADNIC 

The transaction aligns with German insurer Allianz’s strategy to optimise its operations in the Middle East.  

Japan’s Dai-ichi Life eyes overseas expansion for growth  

The insurer is open to making more unsolicited acquisitions to expand its global footprint.