Enstar reports $126m net income with ROE of 2.5% in Q2’24
Global insurance group Enstar has reported net earnings of $126 million for the second quarter of 2024, a substantial increase from $21 million in Q2 2023.
Lloyds chairman calls for continued underwriting discipline
Aviation, Catastrophes, Financial Results Lloyd’s of London
Emirates NBD and DIFC launch fintech incubator programme
Looking to cultivate the next generation of fintech talent in the UAE, Emirates NBD, has launched a ‘National Digital Talent Incubator’ programme, as a part of a strategic partnership with Dubai International Financial Centre (DIFC),
Ripple joins Tenity DeFi fund
Swiss fintech incubator Tenity is expanding its focus on Decentralized Finance though an early-stage fund backing promising startups building blockchain-based services on Ripple’s XRP ledger.
Bridgehaven and Accredited secure capacity deal with Policy Expert
Bridgehaven Insurance, the hybrid fronting insurer, will serve as capacity provider alongside Accredited on a new co-insurance arrangement with Policy Expert, the UK personal lines managing general agent (MGA).
Berkshire (BHSI) hires Jess Au as Head of General Property in Asia
Berkshire Hathaway Specialty Insurance (BHSI), the property & casualty insurer, has hired Jess Au as Head of General Property in Asia, succeeding Ophelia Szeto who is retiring from the role after nearly a decade of service with the company.
Hong Kong officially begins risk-based capital regime for insurers
Hong Kong’s risk-based capital (RBC) regime for the insurance industry has officially come into operation as of July 1, 2024.
Appeals court reverses insurers win in lack of cooperation dispute
Coverage Disputes, P/C Insurers, Property
Tesla seeking to fix “incredibly inefficient” insurance market, says Musk
Tesla CEO Elon Musk has commented on the growing importance of his company’s new car insurance offering, which he says aims to redress the “incredibly inefficient” process that is keeping premiums high for many drivers.
Zipzero relocates from London to Aberdeen
Zipzero, a UK consumer app developed to combat the cost-of-living crisis by rewarding users for sharing their receipt data, has relocated its head offices from London to Aberdeen, citing a thriving startup community in the Scottish city.
Klarna partners gifting platform Nift for loyalty push
Klarna has partnered AI-powered gifting platform Nift to deliver personally tailored gifts to shoppers to boost customer loyalty.
Fenchurch Law expands insurance disputes team in London with two new hires
Fenchurch Law, a UK-based firm working exclusively for insurance policyholders and brokers, has expanded its coverage disputes team in London with two new hires: Jessica Chappell who joins as a Senior Associate, and Isabel Becker who joins Fenchurch Law’s Reinsurance & International Risks team.
Travelers sees more rate increases despite business slowdown
Agents and Brokers, Auto liability, Catastrophes, Claims Disputes, Coronavirus, D&O, Emerging Risks, Financial Results, P/C Insurers, Property, Risk Management The Travelers Cos.













