All articles by Shivam Mishra
Shivam Mishra
Aon Q4 2023 profit slumps and revenue grows to $3.4bn
The company’s total revenue for the quarter was $3.4bn, up 8% from $3.14bn in Q4 2022.
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.
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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.