All articles by Shubhendu Vimal

Shubhendu Vimal

NFP acquires Frontier Risk Group’s cannabis insurance business

Eric Schneider, senior vice president at Frontier Risk, moves to NFP in the same position, reporting to Scott Foster, who leads NFP’s Healthcare and Life Sciences practice.

Swiss Re announces India and Mexico partnerships 

For India, the reinsurer’s corporate arm is setting up a tie-up with Bajaj General Insurance, contingent on definitive agreements and the necessary regulatory clearances.

AXA XL agrees to take full ownership of S-RM

The company currently owns around 49% of consultancy S-RM.

Allianz to buy UOB’s asset management arm for $432.8m

UOBAM has been part of the UOB Group for 40 years and reported assets under management of around $32.75bn (S$42bn) as of 31 December 2025.

Talcott launches West Grove Re with Goldman Sachs

The funding includes equity commitments from Talcott and Goldman Sachs AWM and its clients, alongside a credit facility.

Kita secures Tokio Marine investment and expanded partnership

The investment was made through TMNF, Kita said on 31 July.

Mapfre to take 38.9% stake in Spanish insurtech operator Tuio

Under the terms of the agreement, Mapfre will purchase shares from a number of Tuio’s existing shareholders before taking part in a capital raise.

Soter Insure closes Series B first tranche led by Galaxy Digital

Coinbase Ventures and Franklin Templeton joined the round as new investors, while Brevan Howard Digital and other existing investors also continued their support.

Lockton launches global data centres risk practice

The insurance brokerage said the consultative service is intended to address digital infrastructure risk across a range of infrastructure and operations.

Bain Capital in talks over 25% stake in IndusInd General Insurance – report

The stake is being sold by Hinduja Group’s Mauritius-based investment arm IIHL.