All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Africa Specialty Risks opens new Syndicate 2454 in South Africa 

The new unit’s underwriters will handle both insurance and reinsurance risks across South Africa and neighbouring nations. 

Digital insurer Roojai secures $60m from Apis Partners and Asia Partners 

The funding will be used to expand activities in Thailand, increase scale in Indonesia and explore further M&A opportunities. 

VIG profit before tax rises 31% in Q1–Q3 2025 

The result was supported by improved combined ratios and business volume, particularly in the Special segment. 

UniCredit introduces first internally managed life insurance policy  

The newly launched policy is intended for wealth management and private banking clients in Italy. 

Lloyd’s, LIMOSS and Vitesse renew claims payment tie-up for three years 

The extended arrangement reinforces an “insured-first approach” that streamlines payments and return of capital to carriers’ balance sheets. 

Everest Group appoints Elias Habayeb as new EVP and CFO 

Habayeb will replace Mark Kociancic, who is set to retire from the company after five years. 

Tokio Marine to acquire agriculture risk management company CIH 

CIH, based in Chicago, US, delivers risk management assistance to clients involved in agriculture and commodity sectors. 

Majesco to buy cloud-native pension software provider Vitech  

The acquisition is intended to enhance technology capabilities in Majesco’s Group & Benefits and Retirement & Pension units. 

ICA partners with EXL, Shift on insurance fraud detection platform 

Insurers across Australia can share data on fraudulent claims and coordinate investigations, beginning with car insurance. 

Pibit AI raises $7m to develop AI-driven underwriting platform 

Stellaris Venture Partners led the round, with Y Combinator and Arali Ventures also participating.