Ryan Specialty announces $1 billion deal, reports results
Agents and Brokers, Construction, Excess and Surplus Lines, Financial Results, Mergers and Acquisitions Zurich
ASR’s Middle Eastern & Mauritian subsidiaries sign Binding Authority Agreements with Eureka Re
African and Middle East focused re/insurance group Africa Specialty Risks (ASR), has announced that its Middle Eastern and Mauritian subsidiaries, Africa Specialty Risks Mauritius and ASR Middle East Limited, have agreed Binding Authority Agreements with multinational reinsurer Eureka Re.
Manchester fintech Frost closes £1.87 million crowdfund round
Manchester fintech Frost has raised £1.87 million from a crowdfunding campaign on Seedrs.
P&C reinsurance pricing expected to decline heading into Jan renewals: Morgan Stanley
Heading into the January 1 renewals, unless there’s a major catastrophe, property and casualty (P&C) reinsurance prices are expected to decline, according to analysts at Morgan Stanley.
Conduit raises $36m to take on Swift with stablecoin-based cross-border payments
Stablecoin-based cross-border payments platform Conduit has raised $36 million in a Series A funding round co-led by Dragonfly and Altos Ventures.
Big Wheels: Auto outstandings rise 2.4% in Q1
Auto outstandings fell 0.2% sequentially but increased 2.4% year over year in the first quarter of 2024. Motor vehicle loan…
Court refuses to lift bar on Alliant pursuing Lockton clients
Agents and Brokers, Employment Practices Lockton
Fed’s Favored Inflation Gauge Cools, Spending Unexpectedly Drops
The Federal Reserve’s preferred measure of underlying US inflation moderated in April and consumers dialed back their spending, supporting plans…
Diem raises $5.5m to fuel the circular economy
Diem, a London startup that combines traditional banking functionality with a service that lets customers sell their unwanted items to the firm, has raised $5.5 million in a seed funding round led by Fasanara Capital.
Cyber rate hikes tail off as capacity rises, security improves
Agents and Brokers, Cyber Risks, Emerging Risks, P/C Insurers, P/C Pricing Aon, Liberty Mutual, Lloyd’s of London, Marsh & McLennan