Worldline partners ecolytiq on CO2 footprint calculation service
Payments outfit equensWorldline has joined forces with Berlin-based fintech ecolytiq to help European banks provide their customers with data on their environmental footprints.
Australia sees 25% decrease in nat cat insured losses in 2024-25: ICA
Over the 12 months to 30 June 2025, Australia saw a 25% decrease in total insurance losses from natural catastrophe events, falling from $2.61 billion in 2023–24 to $1.97 billion in 2024–25, according to the Insurance Council of Australia (ICA).
Aviva and Direct Line reach preliminary agreement on takeover deal
Aviva and Direct Line have announced that they have reached a preliminary agreement on the financial terms of a potential acquisition of Direct Line’s entire share capital by Aviva.
Mosaic hires former Liberty Mutual environmental team
Claims Management, Environmental, Excess and Surplus Lines, P/C Insurers, Risk Management Bermuda, Canada Ironshore Inc., Liberty Mutual, Mosaic
Stere expands into LatAm insurance market
Digital insurance ecosystem Stere has expanded its operations to the Latin America insurance market, the company announced.
Tesla beats estimates with less-drastic drop in vehicle sales
Tesla Inc. reported its second consecutive drop in quarterly deliveries, though Chief Executive Officer Elon Musk took measures to stem…
MetLife acquires 20% of LatAm insurtech Klimber
Global insurer MetLife has acquired a 20% stake in insurtech Klimber, a partnership that aims to transform how insurance is accessed and distributed throughout Latin America.
Bonnie Boone joins JP West
Agents and Brokers Alliant Insurance, Arthur J. Gallagher & Co., Marsh & McLennan, Willis Towers Watson
Standard Chartered invests in ethical finance startup Algbra
Standard Chartered’s venture arm has invested in Algbra, an ethical finance-focused and sharia-compliant UK-based fintech. Terms were not disclosed.
ICA says insurers have received nearly 8,500 claims related to Australian flooding
The Insurance Council of Australia (ICA) says insurers have received 8,415 claims with an estimated insurance loss of $97.9 million arising from the floods that have hit New South Wales in recent days.
RV sales down as dealers de-fleet old models
New retail sales of recreational vehicles are projected to be down by 20% in 2023 as dealers spent much of…
Cyber rates climb, D&O market gets capital: USI
Agents and Brokers, Cyber Risks, D&O, E&O, Emerging Risks, P/C Insurers, P/C Pricing, Property, Technology USI Insurance Services
Canadian watchdog fines crypto firm Cryptomus C$177m
The Financial Transactions and Reports Analysis Centre of Canada (Fintrac) has fined the operator of crypto platform Cryptomus C$177 million for non-compliance with AML and counter-terrorist financing laws.