All articles by Shivam Mishra

Shivam Mishra

Bandhan receives IRDAI’s approval for Aegon Life buyout 

With this approval, Bandhan Financial Holdings Limited (BFHL) crossed the last regulatory hurdle, having recently obtained consent from the Reserve Bank of India. 

FWD Group cuts jobs to attain sustainable profitability 

The redundancies come amid a consolidation trend in Hong Kong’s financial services sector. 

Risk Strategies expands into Michigan with Ralph C. Wilson Agency  

The acquired agency is licensed to operate in more than 40 states and offers a broad spectrum of coverage expertise. 

Core Specialty to invest in insurance management platform Gramercy 

As part of the agreement, Core Specialty will introduce two new members to Gramercy’s board of directors.  

Vietnam-based OPES Digital Insurance deploys Sapiens solutions 

The deployment, hosted on Microsoft Azure, was completed in seven months and marks Sapiens’ first implementation in the country.  

MetLife Q4 2023 net income plunges 63% 

The insurer disclosed market risk benefit remeasurement losses totalling $431m in the three months under review.  

Monument Re shareholders explore sale to private equity players   

The sale process comes after a decline in the company’s solvency ratio, which stood at 167% in 2022 compared with 299% in 2021.  

At-Bay, CrowdStrike offer new cybersecurity solution for SMBs  

The new solution leverages CrowdStrike’s artificial intelligence (AI)-powered Falcon XDR platform to address the cybersecurity gap faced by small-to-mid-sized businesses (SMBs). 

HCSC to buy Cigna’s Medicare businesses and CareAllies for $3.7bn 

Cigna’s decision to sell its Medicare lines represents a shift from the direction it took in 2011 when it acquired HealthSpring.  

Chubb reports 152% surge in Q4 2023 net income 

During the three months under review, Chubb’s consolidated net premiums written were $11.59bn.