All articles by Shivam Mishra

Shivam Mishra

Emerald Bay launches with Bain Capital investment 

Emerald Bay will initially target the E&S markets, with plans to write both admitted and non-admitted business across the US. 

US tightens rules on short-term health insurance 

Junk insurance is often used as a stop-gap by over one million Americans during periods such as job transitions.  

GIC closes reinsurance broker Miller buyout 

With the completion of this transaction, GIC has emerged as the majority shareholder of Miller.   

Lloyd’s follow platform Ki forms capacity partnership with Beazley  

Starting 2 April 2024, Beazley syndicate 2623/623 will provide additional follow capacity through Ki’s digital services.  

Carbon credit insurer Oka raises $10m in funding  

Oka plans to use the funds for operational expansion and meet risk-based capital requirements. 

Chubb unveils health-tech practice in UK 

The new practice will cater to all types of companies within health-tech, ranging from start-ups to established businesses. 

Apax Partners mulls divesting insurance broker PIB 

A potential deal could value PIB at more than £4bn ($5.05bn) based on its projected annual earnings before insurance, taxes, depreciation and amortisation (EBITDA). 

Desjardins to fully acquire Insurance Company of Prince Edward Island 

The integration of ICPEI is said to diversify Desjardins’ insurance offerings and boost its ability to meet customers’ needs.  

AXA XL appoints new global chief underwriting officer for marine 

Neil Cole, who brings more than two decades of industry experience, will begin his new role on 1 April 2024.  

Mosaic launches $65m arbitration award insurance 

The coverage is relevant for project companies or investors that seek to resolve disputes through international arbitration.