All articles by Shivam Mishra

Shivam Mishra

Arch Insurance completes $1.4bn acquisition of Allianz’s US assets 

The deal, first announced in April 2024, includes Allianz’s US MidCorp and Entertainment insurance businesses. 

AIG reports net loss of $3.97bn in Q2 2024 

The company’s performance was hit by the recognition of a $4.7bn loss following the deconsolidation of Corebridge Financial. 

Swiss Re appoints Athora executive as new CFO  

Anders Malmström will join Swiss Re from European savings and retirement services provider Athora in early 2025. 

Insurtech company wefox finalises two deals for German market retreat 

The company’s local arm, wefox Germany, signed deals to sell its operations to Ecclesia Group and IWV Versicherungsservice. 

BHMS Investments backs insurtech company Boost Insurance to fuel growth 

Boost provides infrastructure for insurance sales, catering to managing general agents (MGAs), brokers, agents and digital insurance platforms.  

Amica expands ZestyAI climate risk alliance 

The insurer, offering home, life and automotive insurance, will incorporate ZestyAI’s property and climate risk analytics technology. 

Faye lands $31m in Series B funding to expand travel insurance offerings 

The fresh capital will be utilised to fuel growth, develop new products and scale operations. 

Insurtech company Gradient AI scores $56m in Series C funding round 

The fresh capital injection will be channelled into enhancing the existing product suite and developing new offerings. 

Generali Global Corporate & Commercial partners SRS Altitude 

The alliance marks Generali Global Corporate & Commercial’s (GC&C) foray into the structured reinsurance segment of the alternative risk transfer (ART) market.  

BMS to acquire UK insurance broker David Roberts & Partners 

Set up in 1977, David Roberts & Partners (DR&P) is an independent insurance broker that manages more than £620m ($795.64m) in gross written premium (GWP).