All articles by Shivam Mishra

Shivam Mishra

Apollo, Munich Re, TMHCCI team up on new Lloyd’s marine consortium 

The consortium, which started operations earlier in 2024, is offering brokers lead line capacity of up to $75m for each vessel.  

Galaxy gets IRDAI nod to launch health insurance operations in India 

Galaxy is the second stand-alone health insurer to receive the nod from the Insurance Regulatory and Development Authority of India (IRDAI) in 2024. 

Malayan collaborates with Atradius on trade credit insurance 

The alliance aims to transform the local insurance market by providing a financial safety net to medium and large-scale enterprises. 

Liberty appoints war & terrorism head for US, LATAM  

Anabella Frontado brings more than 18 years of industry experience to the position and will be based in Miami, US. 

Ageas ditches Direct Line takeover plans 

Ageas noted that it remains confident in the potential of the UK personal lines sector and the role of Ageas UK in the market. 

Aon unveils climate risk monitoring tool 

Data offered by the tool is crucial for risk managers to gauge climate risk, which can influence property insurance placements. 

Ping An Insurance records 22.8% fall in 2023 net profit 

The company’s overall revenue increased by 4.7% to 1trn yuan ($138.36bn).  

Nippon Life targets $9.22bn core operating profit by 2035 

The life insurer’s long-term vision through fiscal year (FY) 2035 includes a significant focus on overseas operations. 

Talanx reports 123% surge in 2023 net income 

The growth was attributed to contributions from all divisions, particularly primary insurance.

Hub expands presence in New York with new acquisition  

These acquisitions will enhance Hub’s property and casualty (P&C) insurance solutions and individual and group benefits offerings.