UK-based KYND, a provider of cyber risk management solutions, has secured an undisclosed amount in funding from data and technology provider Verisk, and BGF, an existing backer and experienced growth capital investors in the UK.
Bermuda-based AXIS Capital Holdings Limited has reported a net loss of $150 million for the fourth quarter of 2023 on the back of previously announced net adverse prior year reserve development of $425 million, as the firm’s combined ratio deteriorated by 30.5 percentage points to 124.6%.
AM Specialty Insurance Company (UK) (ASIC UK) has now been authorised by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to conduct regulated insurance activities in the UK, becoming the first insurer to be authorised under the authorities’ accelerated authorisation pathway, this publication can reveal.
Generali’s property & casualty (P&C) unit – Global Corporate & Commercial (GC&C) has announced the appointment of Matthias Arnold as the new Head of Underwriting in Germany.
Swiss Re Global Business Solutions (GBS) India, an analytics and innovation hub of Swiss Re, and T-Hub an innovation hub and ecosystem enabler, have announced a partnership aimed to improve innovation in the insurtech sector.
The US Securites and Exchange Commission has confirmeed that its X account was hacked and used to post spurious approval for the listing and trading of spot Bitcoin exchange-traded products.
Cyber Risks, E&O, Excess and Surplus Lines, Products & Services, Technology
Leading global data analytics provider, Verisk, has named Elizabeth Mann as executive vice president and chief financial officer (CFO).
Catastrophes, Coronavirus, Cyber Risks, Emerging Risks, Technology
Argenta Holdings Limited has announced the retirement of Andrew Annandale, Group CEO and Managing Director of Argenta Syndicate Management Limited (ASML) effective December 31st, 2022.
