All articles by Shubhendu Vimal
Shubhendu Vimal
Aon revamps credit reinsurance operations with global hub strategy
Rupert Evans, international head of credit and financial risks reinsurance, will move from London to New York as part of the reorganisation.
Generali Q1 premiums rise by 6.8% as operating result grows
The Italian insurer’s consolidated operating result reached €2.23bn ($2.59bn), up 8.1%, while the adjusted net result rose 5.2% to €1.26bn.
Markel and Willis create dedicated nuclear insurance facility
The facility covers property damage and business interruption for both nuclear-critical and conventional exposures.
CopperPoint to acquire surety specialist GIG in US insurance deal
The transaction covers GIG’s full portfolio of subsidiaries: insurer UCS, surety placement platform BOSS Bonds and technology platform SuretyBonds.Market.
Iran proposes insurance plan for Strait of Hormuz – report
Under the proposed model, Iran would issue marine insurance policies and certificates of financial responsibility to vessels using the waterway.
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Novella raises $21m to expand US wholesale insurance operations
Brewer Lane Ventures led the funding round, joined by global insurer Arch, Avid Ventures, Blank Ventures, Box Group, Crystal Venture Partners, SV Angel and Verissimo Ventures.
Zurich reports stronger Q1 P&C and Life protection growth
P&C GWP climbed 17% in US dollar terms to $15.56bn (SFr12.16bn) in the three months to 31 March 2026, equivalent to 8% growth on an LFL basis.
Mercury Insurance invests in BurnBot for wildfire mitigation
The US insurer said the investment is part of a wider strategy to reduce wildfire risk, strengthen community resilience and support long-term insurance availability.
Munich Re Q1 net result rises 56.7% on lower catastrophe claims
The German reinsurer reported a net result of €1.71bn ($2bn) for the quarter.
ALPS agrees to acquire Ohio Bar Liability Insurance Company
The deal is intended to support the long-term provision of legal malpractice insurance to lawyers in Ohio, US, by bringing together OBLIC’s position in the Ohio market with ALPS’ national platform and infrastructure.