Auto loan rates continue slow decline as Fed cuts set in (Big Wheels)
Auto loan rates for both new and used vehicles declined year over year in January, driven by the gradual impact…
IUA names Dumbrell Chair of Legal and Regulatory Committee, announces two Deputies
The International Underwriting Association (IUA), which represents companies in the London insurance market, has appointed Matthew Dumbrell, General Counsel for Generali’s UK branch, as Chair of the IUA’s Legal and Regulatory Committee.
UK fintechs have an overall positive impact on the country – Innovate Finance
The FinTech Impact Report 2024 reports that the UK fintech sector has improved financial inclusion and sustainable initiatives across the country.
AXA XL names Sabrina Lahrmann Head of International Property
AXA XL, the property and casualty division of AXA Group, has announced the promotion of Sabrina Lahrmann to Head of International Property, UK & Lloyd’s.
Tariffs will drive up costs for insurance markets: Experts
Agents and Brokers, Auto liability, Marine, P/C Insurers, P/C Pricing, Political Risk, Risk Management Asia-Pacific, Canada, China, European Union, United Kingdom
Liberty Mutual unit hires former Alliant exec for tax post
P/C Insurers Alliant Insurance, Liberty Mutual
AXIS completes $2.3bn LPT reinsurance agreement with Enstar
Global insurer and reinsurer, AXIS Capital Holdings Limited and global legacy re/insurance specialist, Enstar Group Limited have completed their previously announced 75% ground-up quota share loss portfolio transfer (LPT) reinsurance agreement.
Enstar shareholders approve acquisition by Sixth Street
Global legacy re/insurance specialist Enstar Group Limited, has confirmed it is to be acquired by Sixth Street after it received the necessary shareholder approval.
Paramount reportedly receives about $71M from Chubb unit in COVID case
Coronavirus, P/C Insurers Chubb Ltd.
Convex sees 2024 net income hit $506m as underwriting result improves 57%
International specialty insurer and reinsurer Convex Group has revealed an underwriting result for 2024 of $381 million, up 57% from $242 million in 2023.
Stablecoin-as-a-Service platform OpenTrade raises $7 million
OpenTrade, a provider of yield-bearing stablecoin products for fintechs, has raised $7 million in funding led by Notion Capital and Mercury Fund, with participation from existing investors AlbionVC, a16z crypto, and CMCC Global.
Brunswick boat sales sink 19% year over year
Marine manufacturer Brunswick saw its boat sales fall year over year in the third quarter as dealer ordering remained cautious. …
State Street selects Taurus to grow digital assets business
State Street is to add tokenization and digital custody services to its digital assets business through a deal with infrastructure provider Taurus.