All articles by Shivam Mishra

Shivam Mishra

ACKO introduces extended battery warranty plan for EVs 

This new offering is available with the VIDA V1, Hero MotoCorp’s first electric vehicle (EV) under its new mobility brand.  

Prudential Cambodia finalises bancassurance partnership with Wing Bank  

The alliance will leverage the strengths of both institutions, offering a range of financial services to the Cambodian people. 

FWD announces AI partnership with Microsoft to enhance insurance operations 

This alliance is expected to power FWD’s generative artificial intelligence (GenAI) initiatives through Microsoft’s Azure OpenAI Service. 

AXA acquires HBSUK to enhance healthcare offering 

AXA Health said that the acquisition will enable it to further develop the online service for muscles, bones and joints.  

Zurich to acquire 70% stake in Kotak Mahindra General Insurance for $670.7m  

This move follows the initial announcement in November 2023, which was approved by the Indian competition regulator.  

Allianz reports 91.1% jump in Q4 2023 net income

The total business volume for the insurer during the three months increased by 7.8% to €39.6bn ($42.9bn) across all business segments.

AXA reports a 45% increase in 2023 net income 

The company’s overall gross written premiums (GWPs) and other revenues also saw a 3% increase, amounting to €102.73bn ($111.23bn) in 2023. 

CNO extends technology partnership with Cognizant 

Cognizant will integrate cloud and digital technologies, including artificial intelligence (AI), to improve CNO’s offerings.  

HUB launches Builder’s Risk Insurance Solutions 

The new service targets project owners, general contractors and developers. 

Zurich Insurance business operating profit soars 21% in 2023

Property and casualty (P&C) gross written premiums and policy fees also saw a 7% uptick to $44.4bn (SFr39.15bn) in 2023.