Farmers Insurance, the largest property casualty insurer headquartered in California, has decided to eliminate the cap on the number of homeowners insurance policies it offers in the state, including Farmers Smart Plan Home, Farmers Smart Plan Condominium, and Farmers Smart Plan Renters policies, effective immediately.
SC Ventures, the fintech investment and incubation arm of Standard Chartered, has launched Labamu, an invoicing and billing platform for SMEs in Apac.
EDME Insurance Brokers, one of India’s largest insurance and reinsurance broking firms, has announced the appointment of Vinod Krishnan as the Chief Executive Officer of its Treaty Reinsurance vertical.
According to Verisk’s “Extreme Event Solutions” business unit, insured losses from the earthquake that struck near the Noto peninsula in Ishikawa prefecture, Japan, will be between approximately US $1.8 billion and $3.3 billion (JPY 260-480 billion).
Insurance management and reinsurance transform organisation, Nascent Group, has unveiled a new collateral monitoring feature to facilitate smoother and more transparent insurance-linked-securities (ILS) transactions to the benefit of fund managers and investors in the space.
PayPal’s PYUSD is now available on the Solana blockchain in a move that the company says will make its stablecoin faster and cheaper to use.
After a “fantastic” 2024 underpinned by a progressive global buildout and impressive year-on-year growth across all key metrics, Andy Creed, Group Chief Financial Officer (CFO) and UK CEO of legacy acquirer RiverStone International, is “very positive” on where the run-off market is going.
LemFi, a financial services platform for immigrant communities has acquired UK fintech Pillar to expand its credit services. Terms of the deal were not disclosed.
Specialty MGA UK has expanded its global expertise with the appointment of Duncan Urquhart as Senior Underwriter for Construction and Engineering.
The economic climate and cyber attacks remain high on the mind for respondents to WTW’s latest Directors’ Liability Survey Report.
P/C Insurers, Reinsurance, Risk Management AIG, Axa, Munich Re
