All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Curative Health Insurance raises over $150m in Series B funding 

The capital elevates the company’s valuation to $1.25bn and will support national expansion, with a near-term focus on the mid-Atlantic states. 

UnitedHealth to offload Banmedica to Patria Investments for $1bn

The divestment allows UnitedHealth to focus on other restructuring measures under CEO Stephen Hemsley.  

Santam Syndicate 1918 gains Lloyd’s approval to underwrite from 2026 

Santam has appointed Rob Vetch, who has 30 years of experience in global reinsurance, as CEO and CFO of Syndicate 1918.  

Africa Specialty Risks enters cyber insurance with digital quote-and-bind policy 

The cyber policy is available through ASR 24-7, beginning in South Africa, Namibia and Mauritius. 

WTW in discussions to purchase Cushon from NatWest

The acquisition talks have progressed following an auction process that attracted interest from several companies in the sector. 

Ariel Re Managing Agency gains Lloyd’s approval for Syndicate 2006 

Syndicate 2006 has been formed to underwrite both specialty and property reinsurance lines.  

AXA XL appoints new country manager for Italy  

Sylvain Eyraud has spent more than 15 years in insurance, holding a range of roles at AXA.  

B.P. Marsh & Partners invests in insurance intermediary Sodalis Capital 

The transaction involves Alliant Insurance, which is also acquiring a 26.67% shareholding under the same conditions as B.P. Marsh.  

Piraeus Bank concludes $654m acquisition of Ethniki Insurance 

Ethniki Insurance operates in Greece, providing services to 1.8 million active customers and €850m ($984.18m) in GWP in 2024.  

Aegon evaluates selling operations outside the US  

Aegon UK and its 51% stake in a JV with Banco Santander are both under review for possible sale.