Everest Reinsurance, the reinsurance division of Everest Re Group Ltd. has announced the promotion of Scott Paddington to Chief Agent and Chief Underwriting Officer of Everest Reinsurance Canada, as well as the appointment of Russ Lewis to Chairman of the same branch.
Tifin, an umbrella group operating a host of AI-powered fintech businesses in the asset and wealth management industry, has hit a $447 million valuation off the back of a $47 million Series C funding round joined by Hamilton Lane and existing investors JP Morgan Asset Management, Morningstar and Broadridge.
Catastrophe Modeling, Catastrophes, Current Issue, P/C Insurers, Property
Insurer and reinsurer Fidelis Insurance Holdings Limited generated net income of $130.5 million for the third quarter of 2025, an increase of 30% on the prior year, with an improved underwriting result in both its insurance and reinsurance segments.
European sustainable neobank Green-Got has teamed up with climate engagement provider ecolytiq to launch its green banking app.
US-based digital asset manager Wave Financial has made its first European acquisition following the purchase of a minority stake in Swiss crypto assets firm Criptonite Asset Management.
Used-vehicle values increased year over year but dipped month over month in May following strong wholesale appreciation in April, while…
Crypto exchange Bybit says hackers have stolen nearly $1.5 billion in Ethereum (ETH) from one of its cold wallets.
Markel, the insurance arm of Markel Group Inc., has appointed Rob Cole as the Chief Actuarial Officer.
Toyota Motor Corp.’s sales reached a third straight monthly record in May on strong demand for hybrid vehicles in the…
Bermuda domiciled insurer and reinsurer, Everest Re, has appointed Rui Tang as Director, Portfolio Management and Analysis, based in its New York offices.
Lloyds Banking Group is deploying technology from PrimaryBid to provide retail investors with access to public company capital raises in both equity and debt.
Kin, the digital, direct-to-consumer home insurance organisation, has announced the closing of $15 million in financing from new investor Activate Capital, a growth-stage VC firm that is heavily focused on the sustainable, resilient transformation of the global economy.
