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SoftBank joins Hollywood A-listers in backing fast-growing insurtech with $2.7bn valuation
Insurance
SoftBank joins an 'all-star cast of investors' including Will Smith, Robert Downey Jr and Jay-Z.   21 July 2021
Lloyd’s approves aspiring new syndicate with Asta as manager
Insurance
It will be established under the Lloyd’s 'Syndicate-in-a-box' (SIAB) model.   21 July 2021
Insurance
Shareholders representing 39 percent of the equity have voted against the continuation of the Blue Capital Alternative Income Fund at the annual general meeting and the company’s board is recommending an orderly run-off of the company.   11 May 2018
Insurance
The new division will enable Berkley Offshore to expand its footprint in ocean marine.   22 September 2020
Insurance
Mark Birrell, chief executive of Castel Underwriting Agencies, the managing general agent (MGA) formation platform, has been appointed as a board director of the Managing General Agents’ Association (MGAA).   25 February 2016
Insurance
New investment will accelerate the insurtech's expansion of operations and growth initiatives.   2 September 2021
Insurance
Canadian property and casualty insurer Intact Financial Corporation has entered into a definitive agreement with Princeton Holdings to acquire The Guarantee Company of North America, a specialty lines insurer in Canada and the US, and Frank Cowan Company, a managing general agent (MGA) focused on specialty insurance, for approximately C$1 billion ($750 million) in cash.   16 August 2019
Insurance
Insured losses for Hurricane Harvey are estimated at approximately $650 million pre-tax, and Irma estimated from $800 million to $950 million, according to preliminary loss estimates from Chubb.   28 September 2017
Insurance
VIG Re, the Czech Republic-based reinsurer, is opening a branch office in Frankfurt, Germany, to expand its European presence.   28 September 2017
Insurance
The insured property market loss for tropical storm Debbie, the strongest tropical cyclone in the Australian region since Cyclone Quang in 2015, has reached A$1.658 billion ($1.3 billion), according to PERILS.   28 September 2017

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