All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
India’s Patanjali, DS Group to buy controlling stake in Magma General Insurance
The transaction will be executed through an SPA and is subject to regulatory approvals.
Generali Group adjusted net result rises to $4.9bn in 2024
In Q4 2024, the company reported an adjusted net result of €889m ($966.78m), a 49.3% increase from the same quarter of the previous year.
Ardonagh Advisory acquires Anderson & Co
The Anderson team will integrate into the North Division of Ardonagh Advisory GI Broking.
WTW hires Munich Re executive in European analytics drive
Massimo Cavadini will focus on the technological and personnel growth of consulting and software solutions in areas like claims processing.
Valueattics secures reinsurance licence from IRDAI
The company is the first reinsurer to get registration for reinsurance operations in India’s “revamped regulatory landscape”.
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AXA XL expands UK & Lloyd’s team with specialty and marine hires
The move is part of a restructuring of AXA XL’s underwriting model, led by UK & Lloyd’s chief underwriting officer Mike Gosselin.
ASR North Africa gets clearance to serve as Lloyd’s service company
This approval will grant brokers in Morocco and north-west Africa direct access to Lloyd’s capacity.
Lockton Norway employs new CEO
Øyvind Larsen will focus on unifying Lockton Norway’s specialist businesses to ensure they collectively support clients.
Chubb forms North America Small & Lower Midmarket unit
This move consolidates Chubb’s Lower Middle Market and Digital Small Business divisions.
MS Amlin, MSIG UK unveil dual-stamp underwriting capability
This will enable MS Amlin underwriters to write risks by utilising both their current Lloyd’s stamp and company paper of MSIG UK.