Sampo obtains all regulatory approvals needed to acquire Topdanmark remaining shares
Finish insurer Sampo has obtained all the necessary regulatory approvals for the exchange offer to the shareholders of P&C insurer Topdanmark.
Howden urges cyber premium pool growth in softening market cycle
A new report from Howden has underlined the urgent need for scaled cyber risk transfer in Europe, where increasingly complex and costly threats collide with low insurance uptake, while also highlighting the strong return on investment from effective risk management and cyber insurance.
Florida-based brokerage moves USI broker poaching suit to federal court
Agents and Brokers USI Insurance Services
Inside Octane’s $365M securitization
Powersports lender Octane returned to the asset-backed securitized market with a $365 million issuance July 11. The deal reflects the…
Lithuania publishes national fintech guidelines
Lithuania has issued a five-point, five-year plan for its fintech sector as part of its ambition to become one of the EU’s leading hubs in the space.
Insurtech veteran Jeffrey Taylor appointed Arturo’s Chief Strategy Officer
Arturo, a property specialist offering AI-based solutions to insurers, has announced the appointment of Jeffrey Taylor as Chief Strategy Officer, as the firm prepares to expand into adjacent markets.
CyberCube and Envoy Insure partner to embed cyber analytics in broker workflows
CyberCube, a provider of cyber risk analytics for the insurance industry, has entered into a Strategic Technology Ecosystem Partnership with Envoy Insure, a digital distribution platform for insurance brokers.
Stable outlook for GCC insurance market: AM Best
AM Best, the credit rating agency, has reaffirmed its stable outlook for the insurance markets of the Gulf Cooperation Council (GCC), which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE).
EBAday 2024: Fintech Zone finalists revealed!
For the sixth year running, EBAday will host a dedicated Fintech Zone, where 16 early stage and growth startups will compete for the chance to be crowned the 2024 winner.
Ryan Specialty FY 2023 revenue climbs 20.4% to $2.08bn
Ryan Specialty has reported full year 2023 revenue of around $2.08 billion, up 20.4%, compared to the $1.73 billion reported in 2022.
Samsung brings Coinbase crypto services to 75m Galaxy phone owners
Samsung is offering the 75 million Galaxy phone owners in the US three months of free access to Coinbase One membership.
Comerica, KBRA & Fitch on delinquencies, inflation & recession
If you were looking for upbeat news about auto finance payment performance or the economy in general, Kroll Bond Rating Agency (KBRA), Fitch Ratings and Comerica Bank didn’t have too much to offer last week. While Fitch shared its expectations … [Read More]
Bitget launches zero-fee crypto card with Mastercard support
Mastercard, Bitget Wallet, and Immersve are launching a zero-fee crypto card that enables users to spend their crypto at more than 150 million merchants globally.
Oversupply of capacity driving down airline hull and liability rates
Agents and Brokers, Aviation Russia Arthur J. Gallagher & Co., Marsh & McLennan, Willis Towers Watson