Allianz Direct and CHECK24 are launching a strategic partnership in Germany and Spain where consumers in both countries will be able to access Allianz Direct products
Root, the Columbus digital insurer reported a net loss of $90 million for the second quarter ended June 30, but consumed only $40 million of its unrestricted cash
Modern Life, a tech-enabled life insurance brokerage for advisors, has launched with $15mn of seed funding led by Thrive Capital
Insurance Europe and the CFO Forum have made a number of recommendations including the urgent need for a phased introduction
Swiss Re announces the launch of its new investment advisory company and wholly owned subsidiary Swiss Re Insurance-Linked Investment Advisors Corporation
Pie Insurance, the specialist provider of cover for small businesses, has forged three, key partnerships to drive its solutions in the marketplace
Insurtech Socotra has expanded its team by 63% and also raised $50mn in funding capital in its Series C round
Insurance giant Nationwide has partnered with insurtech Brella to launch a supplemental health insurance plan that covers out-of-pocket expenses
The Australian insurtech Cover Genius has joined forces with leading BNPL provider Zip to offer customers cover on purchases at the point of sale
Gallagher announced the acquisition of Another Day. Terms of the transaction were not disclosed. Another Day is a UK-based risk management organizations
Sun Life Financial has entered into an agreement to sell SLF of Canada UK Limited to Phoenix Group Holdings, Headquartered in London
GBLI (Global Indemnity Group) announced that its subsidiary American Reliable Insurance Company has sold its Farm, Ranch, and Equine book
Aviva has signed a binding agreement with specialist MGA Azur Underwriting to acquire its high-net-worth personal lines business in the UK and Ireland
In-force premiums (IFP) Lemonade have risen 54% year on year to reach $458m in Q2 2022. Startup said that (IFP) stood at $297m in Q2 2021 and at $155m in Q2 2020
Reinsurer Munich Re has announced a profit of €768 million and €1.4 billion for the second-quarter and first half of 2022, respectively, driven by a solid performance
$170bn of insurance premiums could be at risk in the next five years due to poor claims experiences, with process inefficiencies in underwriting potentially costing $160bn
Allstate has announced a second quarter net loss applicable to common shareholders of $1.04 billion, compared to an income of $1.6 billion in the prior year quarter
S&P Global Ratings report that persistent pressures from inflation, tightening financial conditions and slower economic growth in China and other markets
Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, had another very successful quarter in its P&C reinsurance business in Q2 2022
Axio, a platform for cybersecurity risk evaluation, today announced the closure of a $23 million Series B round led by Temasek’s ISTARI
Hannover Re, one of Europe’s largest reinsurers, has announced net income of €649 million for the first half of 2022, while the firm’s property and casualty
The Insurance Regulatory and Development Authority of India has proposed new rules that would allow Indian insurers and reinsurers to raise capital in different forms
Ghost Security, a US-based application security company, is announcing its emergence from stealth mode and a $15 million investment from 468 Capital
San Francisco-based startup allowing merchants to offer product protection plans for their customers Extend announced the launch of Shipping Protection
Global re/insurance broker AON announced that its Q2 2022 total revenue increased by USD 97 million, or by 3%, to USD 2.98 billion compared to… Read More »Global reinsurance broker AON announced that its Q2 2022 total revenue increased to $3 bn
