MetLife has completed a $19 bn risk transfer transaction with Global Atlantic Financial Group, a retirement and life insurance company
Lotte Himart, electronic goods retailers in South Korea, has partnered with international insurtech bolttech to launch the country’s first-ever home appliance
Insurtech Cover Genius and scandinavia’s airline SAS announced a new customized travel insurance protection program
Hyperexponential, intelligence platform for insurers, and AI insurtech Akur8 announce a new partnership that will integrate their complementary pricing decision intelligence
Verisk, a global data analytics and technology provider, announced the launch of FairCheck, a solution designed to help insurers test their personal lines models
Insurtech wefox has announced the appointment of Paul Onnen as Chief Technology Officer (CTO)
Cyber insurtech Coalition released its Cyber Claims Report: Mid-year Update, which details the evolution of cyber trends during the 2023
The UK has set out a re-energised approach to international development in a white paper, aimed at working with partners to tackle global challenges in the years up to 2030
Marsh announced the launch of a new facility – Unity – to provide affordable insurance supporting the export of grain
Studies from Swiss Re and leading life carriers reveal that Electronic Health Records (EHRs) can have a transformative impact on the traditional life & health underwriting
AXA XL Risk Consulting announced the launch of its Water Impact and Sustainability Evaluation (WISE) tool
Allianz announsed results for 3Q and 9M2023. Total business volume in 3Q 2023 rose by 4.5% to 36.5 billion euros
Global reinsurer Munich Re has agreed to provide warranty reinsurance for battery manufacturer, Hithium, energy storage systems (ESS)
Kin, the direct-to-consumer home insurance company built for every new normal, announced operating results through the third quarter ended September 30, 2023.
Lloyd's has launched a comprehensive initiative aimed at fostering greater inclusivity and advancement opportunities for Black and ethnically diverse individuals
Verisk, a global data analytics and technology provider, has posted an increase in its consolidated and organic constant currency (OCC) revenues
MetLife, a leading life insurance company, has announced the launch of MetLife Xcelerator Latin America. The new platform allows business partners
Moody’s RMS, the risk modeling and solutions company, estimates that insured losses from Windstorm Ciarán, also known as Emir, will likely fall between $1 bn and $1.6 bn
Insurance industry leaders from across Europe forecast high inflation and interest rates, attracting and retaining talent, and digital transformation will have the greatest impact
Lloyd’s of London announced a strong set of results for the six months of 2023, with an underwriting profit of £2.5bn (HY 2022: £1.2bn), an investment return of £1.8bn
Verisk, a data analytics and technology provider, estimates industry insured losses to onshore property for Hurricane Otis will from $3 bn to $6 bn
Lloyd’s announced changes to its Council membership following elections held to fulfil four vacancies
Insurtech platform Root Insurance has unveiled its inaugural strategic partnership for the collaboration is to create an embedded insurance platform in the UK
Pet insurtech Fetch announced a new partnership with Best Friends Animal Society, a national animal welfare organization
Sensitive health information donated for medical research by half a million UK citizens has been shared with insurance companies despite a pledge that it would not be
Munich Re generated a net result of €1,169m (1,102m) in Q3 2023, and €3,593m (4,168m) in the first three quarters
London-based Insurtech Diesta has concluded its seed funding round, securing an impressive $1.9 mn in capital
Guidewire has joined forces with Swiss Re Reinsurance Solutions to transform the insurance landscape by leveraging cutting-edge technology
Insurtech Lemonade announced the welcoming of its 2 millionth customer. The pace to achieve the second million customers was 35% faster than the first million
AI-powered decision intelligence platform Tellius expanded of the partnership with Google Cloud to open a groundbreaking new chapter in analytics
CoreLogic published its newest Mortgage Fraud Report, which found that mortgage application fraud declined 3.1% year-over-year compared to the second quarter
CoreLogic, a global property information, analytics and data-enabled solutions provider, released the CoreLogic Home Price Index and HPI Forecast
Cowbell, a cyber insurtech for small- and medium-sized enterprises, announced a new $25 mn financing led by Prosperity7 Ventures
Insurtech Wefox has secured a substantial boost with $55 mn in fresh funding from Deutsche Bank and UniCredit as an extension of the $400 mn
Corvus Insurance Holdings has agreed to a $435 mn deal to be acquired by P&C insurance giant Travelers, which has approximately 30,000 employees
CLARA Analytics, a provider of artificial intelligence technology for insurance claims optimization, unveiled its CLARAty platform, which advances the insurance claims
45% of investors believe the results of the 2024 U.S. federal elections will have a bigger impact on their retirement plans and portfolios than market performance
PERILS has disclosed its 4th and final insurance industry loss estimate for the Southeast Australia floods
Insurtech bolttech announced a partnership with French entrepreneur Xavier Niel’s NJJ telecom Group to provide device insurance for European mobile operators
Anboto Labs, a Hong Kong-based crypto trading execution tool provider, has raised $3 million in funding and launched an institutional-grade non-custodial trading platform
The Bank of England (BoE) and the United Kingdom's Financial Conduct Authority have requested feedback on their proposed approach to regulating stablecoins
French insurtech Flitter has raised €3.5 mn in a funding round led by Swiss insurer Helvetia, facilitated through its Helvetia Venture Fund
Pattern, a InsurTech specializing in customized embedded insurance and non-insurance products, has announced the launch of its groundbreaking service, FlexIt
Arthur J. Gallagher has completed the acquisition of Keaney Insurance Brokers, a prominent commercial insurance broker
Insurtech unicorn Next Insurance raised a massive $265 mn strategic round from insurance giants Allstate and Allianz’s investment arm, Allianz X
The estimates by PwC UK calculate the costs of damage due to the severe weather caused by Storm Babet to be between £450 and £650 million.
Fairfax Financial Holdings announces net earnings of $1,068.9 million in the third quarter of 2023
Home insurtech Hippo announced its consolidated financial results for the three months that ended September 30, 2023 - total generated premium (TGP) growth of 38%
Swiss Re reported a net income of USD 2.5 billion in the 9 months of 2023, with a profit of USD 1 billion in the third quarter.
Berkshire Hathaway posted its highest ever quarterly operating profit, while gains from stock holdings helped the conglomerate led by billionaire Warren Buffett swing
AI-led insurance claims automation insurtech, Sprout AI, has raised £5.4 mn in a round led by Amadeus Capital Partners and Praetura Ventures
Munich Re believes that rising demand from cedants in key lines, such as nat cat and cyber, along with a need to better manage more complex risks
Higher Lapses Drive Life Outflows, Average Motor Premiums to Grow Life net flows for Italian life insurers in 1H2023 was negative EUR10.7 billion
Blockchain-based healthcare data platform Rymedi has raised $9 mn in Series A funding. Rymedi streamlines the transfer of medical records and data via blockchain
Fintech startup Statement, which has developed a multi-banking, global liquidity management platform, has raised $12 million in a Seed round
Vyzer, an innovative digital wealth management platform, has raised a Seed round of $6.3 mn from leading VCs, angel investors, and family offices including iAngel
The Official Committee of Unsecured Creditors in the Vesttoo bankruptcy case has voiced its objection to the insurtech startup’s plans to reorganize
Blockaid, a web3 security startup co-founded by two former Israeli military cyber intelligence personnel, has come out of stealth with $33 million in funding
DeFi protocol Elixir has closed a $7.5 million Series A fundraising round at a $100 million valuation, designed to help it improve liquidity across decentralized order
Digital currency asset manager, Grayscale Investments is venturing into the crypto indices business together with the London-based indices provider FTSE Russell
Insurtech Assureful has closed a $1.5 mn pre-seed funding round led by Markd. The round also included participation from Greenlight Re Innovations
Arthur J. Gallagher reported its financial results for the quarter ended September 30, 2023. Third quarter global insurance renewal premiums were up 10%
US insurer Chubb reported net income and core operating income for the quarter ended September 30, 2023 of $2.04 billion each, or $4.95 per share
Insurtech AgentSync announced an additional $50 mn fundraise co-led by existing investors Craft Ventures and Valor Ventures, bringing the company’s total funding
Net income attributable to Aon shareholders increased 12% to $456 million, or $2.23 per share on a diluted basis, compared to $408 million
Roughly a week before the anticipated release of its Q3 2023 results, home insurtech Hippo initiated layoffs affecting approximately 70 employees
AON launched its Q3 Global Catastrophe Recap report, which analyses natural hazard activity worldwide in the 3 quarter of 2023 and for the 9 months of the year
Upfort, a cutting-edge cyber security and insurance platform, has raised $8 mn in a Series A funding round led by SYN Ventures
Syrona Health has launched a voice-based artificial intelligence (AI) tool for mental health assessments that businesses can incorporate into their employee benefits
Arthur J. Gallagher has signed a definitive agreement to acquire Baton Rouge, Louisiana-headquartered Cadence Insurance
Full-stack digital insurance platform Boost Insurance has launched of Boost Re, an innovative new risk transfer platform, as the latest component
Surging UK insurance premiums for electric vehicles pose a risk to their widespread adoption, analysts have warned
China will expand the scope of institutions offering commercial endowment insurance services to meet the people's diversified needs for elderly care
The economic drivers of the U.S. property & casualty insurance industry could cumulatively expand faster than the nation’s gross domestic product (GDP) in 2024
Shippo, the shipping platform for modern e-commerce, and Cover Genius, the insurtech for embedded protection, announced a partnership to enhance the merchant
Canopy Connect, the insurtech platform for collecting, verifying, and monitoring insurance information, has closed a $6.5 mn Series A funding round
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