White Mountains has released the Q1 2025 results for its property and casualty re/insurance segment Ark/WM Outrigger, revealing gross written premiums of $1,108 million, net written premiums of $728 million and net earned premiums of $358 million, all improvements compared to the same period of last year.
AI-based auto lender Lendbuzz’s default rate doubles when the lender expands into a new region, prompting updates to the financier’s…
HSBC Group has received approval from the Insurance Authority (IA) to set up a captive insurance company, Wayfoong (Asia) Limited, in Hong Kong, which has become the first captive insurer established in the city by a multinational enterprise.
Tokio Marine HCC (TMHCC) Specialty Group has announced a series of appointments and promotions.
Coverage Disputes, P/C Insurers, Property, Reinsurance Lloyd’s of London, Munich Re
In a panel discussing tokenisation, panellists Suzana Kordumova, product manager at Netcetera, Stephan Hackenberg solution sales director at Giesecke+Devrient, Matteo Gamba, head of product – global payments and fraud at Wayfair, and John Noltensmeyer CISO at Tokenex spoke on network tokenisation and what tokenisation can do for merchant payments.
Unicredit has made a follow-on investment of €10 million in Berlin-based lending-as-a-service fintech Banxware.
Legal & General has completed a record $2.2 billion in Pension Risk Transfer (PRT) business in the US in 2024, marking its largest year in the market to date.
Agents and Brokers, Financial Results, Mergers and Acquisitions Marsh & McLennan
CLARA Analytics, a provider of artificial intelligence (AI) technology for insurance claims optimisation, has launched CLARA Data Engineering as a Service (DEaaS), a new offering that transforms fragmented, siloed data into clean, AI-ready intelligence.
Sharon Ooi of Swiss Re is set to join reinsurer Hannover Re’s Executive Board to strengthen its focus on Asia in January 2023, primarily based in Hong Kong.
Agents and Brokers, Construction Aon, Marsh & McLennan
The auto industry is rapidly responding to tariffs that took effect last week, while subprime lenders continue to navigate risk…
Agents and Brokers, Excess and Surplus Lines
