Fake XRP ETF filing sends token’s price up
A filing suggesting that BlackRock was preparing to launch a spot XRP exchange-traded fund briefly sent the token’s price soaring this week before the asset manager confirmed that the paperwork was fake.
ASIC eyes London-sourced U.S. specialty reinsurance opportunities ahead of Jan 1
Dallas-based E&S carrier AM Specialty Insurance Company (ASIC) is reportedly seeking London-sourced, U.S.-domiciled specialty reinsurance opportunities in the run-up to the January 1, 2026, renewal season.
Beazley launches online incident response platform for US cyber
Beazley has launched an online incident response platform for US cyber policyholders.
Mass. high court rules Zurich off hook for preventive costs not covered by policy
Coverage Disputes, P/C Insurers Zurich
Russia seeks to boost acceptance of its shipping insurance
Energy, Marine, P/C Insurers China, India, Russia
MGA Paragon makes entertainment and sports buy
Agents and Brokers, Mergers and Acquisitions Canada Allianz, Munich Re
Clean data key to a successful AI-driven reinsurance industry: Ben Rose, Supercede
Ben Rose, Co-Founder and President of Supercede, the independent reinsurance platform, said he does not reasonably foresee a successful AI-driven reinsurance industry as things stand, but if the industry reaches a point where it has “clean data flying around”, this will represent a major step change.
US P&C insurers seek higher prices and advanced models in response to SCS: Moody’s
According to a recent report by Moody’s, the P&C sector faced significant financial setbacks last year, primarily attributed to a series of severe convective storms (SCS) rather than major catastrophes.
Teva expects to start paying U.S. opioid settlement in 2023: CEO
Prescription Drug Management, Risk Management
Property market challenging, creates biz for captives: Panel
Alternative Risk Transfer/Captives, Business Interruption, Property
QBE Re names new Global Product Heads in New York and London
QBE Re has appointed Salvatore Sama as Global Product Head for Casualty, Jane Farren as Global Head of Financial Professional Lines, and Derek Durst as Global Head of Cyber.
LSEG buys Axoni post-trade tech business
The London Stock Exchange Group (LSEG) has acquired the Veris post-trade processing business and related intellectual property from Axoni. Financial terms were not disclosed.
Zitzmann to lead Skyward Specialty’s Inland Marine and Transactional Property
Skyward Specialty Insurance Group has hired Christopher Zitzmann as President of Inland Marine and Transactional Property.