News

Insurance

Global insurtech funding sinks in 2024 with ‘sharp turn of events’ in Q4

But AI-focused insurtechs still made up over one third of deals last year.   17 February 2025

Insurance

Former US senator joins Athene board

Ex-Democrat senator will also advise equity firm Apollo on energy issues.   10 February 2025

Insurance

Arch Capital lands Marsh chairman for board seat

Insurance veteran boasts 45 years of experience with senior roles at Guy Carpenter and AIG.   7 February 2025

Insurance

Regulatory changes in Argentina could trigger consolidation

Argentina will raise and standardise minimum capital requirements, but this could mean consolidation among smaller players: Pro Global.   10 February 2025

Insurance

California rebuffs State Farm, hints at history of financial neglect

California scolds carrier for zero response to ‘significant’ cut to surplus since 2022.   17 February 2025

Reinsurance

Cyber cedants can't be tempted to cat XoL at 1.1, Hannover Re admits

With price pressure all around, Hannover Re closed its 1.1 book flat at $500m.   6 February 2025

Reinsurance

Fitch Ratings gives thumb-up to EU Re concept

Only quarter of EU nat cat losses over past 42 years have been insured.   7 February 2025

Insurance

HDI Global US unveils new US offering to led by ex-AXA XL underwriter

Underwriter to lead US rollout, development of new environmental liability coverage.   14 February 2025

Insurance

Convex enters Lloyd’s with Syndicate 1984

Initial target £150m of GWP in 2025, expects to start writing in April.   14 February 2025

Reinsurance

Apollo partners with WNS to strengthen third-party syndicate business

New solution expected to enable Apollo to establish new Lloyd’s syndicates efficiently.   14 February 2025

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