The ongoing deline in fintech investment continues in the first half of 2024 but shows signs of bottoming out, acccording to new figures from Innovate Finance.
Penn-America Underwriters (PAU), a subsidiary of Global Indemnity Group (GBLI), is launching its inaugural reinsurance managing general agency (MGA) in partnership with George Dragonetti, who will also serve as President of the new unit.
Catastrophes, P/C Insurers, Property, Reinsurance, Risk Management, Technology Chubb Ltd., Partner Re
Agents and Brokers, Current Issue, P/C Insurers, Property United Kingdom Aon, Arthur J. Gallagher & Co., FM Global, Marsh & McLennan, Zurich
Agents and Brokers, Political Risk Middle East/Africa Willis Towers Watson
Major banks in the US are on high alert after a security breach at SitusAMC, a technology supplier to US mortgage lenders, exposed sensitive customer data and accounting records.
S&P Global Market Intelligence has reported on the largest Life and Property and Casualty Insurer Rankings, with State Farm Mutual Automobile Insurance Co. ranked as the largest global P&C insurer, with $77.59 billion of direct premiums written.
Analysts at Moody’s Ratings have suggested that the potential acquisition of Direct Line by Aviva could bring credit positive benefits to both firms.
Catastrophes, Emerging Risks, P/C Insurers, Reinsurance Munich Re, Swiss Re
French reinsurer CCR Re has sponsored the seventh vintage of its collateralised reinsurance sidecar vehicle, 157 Re 25.
UK Fintech Paddle will pay $5 million to settle US allegations of unfair payment processing practices.
The Global Federation of Insurance Associations (GFIA) has identified five areas of concern for the insurance industry in its response to the OECD’s public consultation on the Implementation Framework of the global minimum tax.
The biggest US jobs gain in nearly a year boosts the chances Federal Reserve officials will further delay cutting interest…
