News

Technology

AI-driven insurtech secures $27.6m backing from Tesla and SpaceX investors

The funding, led by Sands Capital, aims to accelerate risk prevention.   4 March 2025

Insurance

Argenta chooses ex-AXA XL director to chair Lloyd’s MGA

Incoming chair, who joins AMSL as deputy chair, will assume role in July.   4 March 2025

Reinsurance

Hiscox vows return to London Market growth but reinsurance appetite hinges on rate

Hiscox will grow if reinsurance rate decline moderates, if not, Hiscox ‘will think again,’ says CEO.   3 March 2025

Insurance

Marsh swoops for Italian P&C broker in major expansion move

Acquisition is latest move in Marsh’s growth strategy in Italy.   3 March 2025

Insurance

UK MGA Optio expands in Scandinavian with marine acquisition

The deal is latest jigsaw piece as Optio puts together European MGA network.   3 March 2025

Insurance

Tokio Marine Kiln boosts fine art, life sciences portfolios

Two new hires, with experience from AXA XL and CFC, come on board to grow key areas.   3 March 2025

Insurance

Apollo adds former XL Catlin veteran to ASML board

The executive served as CEO of XL Catlin Reinsurance London.   3 March 2025

Reinsurance

UK state terrorism reinsurer Pool Re closes £2.75bn retrocession programme

New aggregate excess of loss cover increases by nearly £400m.   3 March 2025

Reinsurance

Japan Post Insurance mulls billion-dollar investment in reinsurance sidecar

Japanese life insurer would own 50% of reinsurance sidecar if it decides to go ahead.   3 March 2025

Insurance

Liberty Mutual offloads Thai, Vietnam P&C businesses to Chubb

Deal will enable US re/insurer to focus on its Asia Pacific portfolio.   3 March 2025

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