Swedbank acquires digital mortgage brand Stabelo
Swedbank has acquired Stabelo, a tech-led mortgage business with a focus on younger, more digitally-aware customers.
Prudential and RGA in $5.9bn pension risk transfer for Verizon
Prudential Financial and Reinsurance Group of America (RGA) have been selected for a pension risk transfer involving Verizon Communications, settling approximately $5.9 billion of Verizon pension liabilities and providing retirement security for a population that includes 56,000 Verizon retirees and their beneficiaries.
Ryan Specialty consolidating MGU business
Cyber Risks, E&O, Excess and Surplus Lines, P/C Insurers, Reinsurance, Technology European Union, Latin America, United Kingdom
Brown & Brown second-quarter revenue jumps nearly 25%
Agents and Brokers, Financial Results Brown & Brown
CFPB change to nonbank oversight could affect securitizations
The Consumer Financial Protection Bureau’s reexamination of its oversight of nonbank auto finance companies may affect auto asset-backed securitization transactions….
Poll predicts CrowdStrike IT outage losses could exceed $1bn for re/insurance industry
The majority of respondents to a recent Reinsurance News poll believe the total re/insurance industry loss from the CrowdStrike-linked IT outage will surpass $1 billion, with 38% of voters anticipating that losses could exceed $1.5 billion.
Curve eschews AI with recruitment drive for human CX experts
Fresh from a £37 million funding round, London-based digital wallet Curve is hiring 50+ customer experience recruits to provide human-centric tailored services to its six million user base.
New RV registrations down 0.6% YTD
LAS VEGAS — RV retailers are bullish on the industry going into 2026 despite declining new and used RV registrations…
Thefts should spur security review at museums
Agents and Brokers, P/C Insurers, Property Arthur J. Gallagher & Co., Brown & Brown, Willis Towers Watson
Carbon insurtech Kita raises £350k in pre-seed funding
Insurance firm Kita has raised £350k in a round of pre-seed funding led by Insurtech Gateway.
Alliant hires three execs for national commercial surety practice
Agents and Brokers Alliant Insurance, Aon, Marsh & McLennan, Willis Towers Watson
Sustainable Finance Live 2023: UK Infrastructure Bank to play a key role in HS2 replacement
“We expect to play a very meaningful role in making sure projects get delivered,” said John Flint, chief executive, UK Infrastructure Bank, regarding the role the bank will have in the HS2 replacement plans in the North of England.