All articles by Shivam Mishra
Shivam Mishra
Travelers reports $1.62bn net income in Q4 2023
During the fourth quarter (Q4) of 2023, Travelers recorded a 24% increase in net investment income, which amounted to $778m pre-tax.
Alta Signa sets up new European marine underwriting unit
The new venture is supported by a consortium of insurance partners, comprising Axeria IARD, SiriusPoint, and Sompo International.
Markel bolsters Europe trade credit business with new appointment
Sebastian Rice will spearhead the company’s growth initiatives across European markets.
Risk Strategies expands operations with Stone Insurance Agency deal
Stone Insurance Agency, founded in 1859 by Elliott Stone, serves commercial and personal lines clients.
Securian forges alliance with Canadian Automobile Association
Through the alliance, CAA has launched a suite of insurance offerings for more than seven million of its members.
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Bridge Specialty International to acquire Singapore broker Acorn
This move is aimed at establishing Bridge Specialty’s presence in the key Singapore insurance hub.
TT Forsikring partners Simplifai and Contemi on AI automation
With the adoption of artificial intelligence (AI), TT Forsikring aims to improve customer experiences, achieve higher conversion rates and reduce costs.
Indian health insurer Niva Bupa plans $361m IPO
Niva Bupa has hired investment bankers such as Kotak Mahindra Capital, ICICI Securities and Morgan Stanley to manage the initial public offering (IPO).
Compre seals deal to buy European liability portfolios
The deal encompasses liabilities in France, Germany, Italy and the Netherlands.
Corsair to acquire majority stake in Polish broker MJM
MJM’s services span property and casualty (P&C) insurance, commercial motor insurance and reinsurance.