Down 34%, Funding For Insurtechs Sees Steep Decline in Q2-2023
Global insurtech funding fell 34% in the second quarter of 2023 compared to the first quarter, dropping below $1 billion...
insurance
Transformational deals on the rise as insurance bucks M&A slowdown
Transformational deals on the rise as insurance bucks M&A slowdown | Insurance Business America Insurance News Transformational deals on the...
GEICO Faces Legal Battle as Captive Agent’s Lawsuit Advances
A federal judge has ruled that a captive agent’s suit against GEICO can proceed on claims of breach of contract,...
Aviva's Build Back Better commitment
Authored by AvivaBuild Back Better is the UK government-backed Flood Re-led initiative under which we’ll offer up to £10,000 for flood...
TSR raises Atlantic hurricane forecast, cites neutral or favourable trade winds
Forecast group Tropical Storm Risk (TSR) has raised its forecast for the 2023 Atlantic hurricane season for a second time,...
RenaissanceRe third-party capital AUM hits $6.85bn on cat bond growth
RenaissanceRe saw its third-party investor capital assets under management (AUM), dedicated to its property and casualty reinsurance business, rise by...
New Insurance Industry Projections Forecast Continued Underwriting Challenges
The property and casualty insurance industry is projected to finish 2023 with a combined ratio of 102.2, nearly unchanged from...
Higher reinsurance attachment points the real hard market story: Jefferies
Echoing what we’ve been reporting for more than two year’s now, higher attachment points for reinsurance and retrocession contracts are...
SGI Canada faces dividend setback amid weather challenges
SGI Canada faces dividend setback amid weather challenges | Insurance Business Canada Insurance News SGI Canada faces dividend setback amid...
Could an afternoon nap help us cope with hotter temperatures? It’s worked for our First Nations people
When it’s hot outside, it’s safer to head for air-conditioned shelter – right? Not always. In northern Australia’s intensely hot...
