Singularity raises $2.2m to help institutions access DeFi
Singularity, a startup developing a protocol to provide institutions with compliant and confidential access to DeFi, has raised $2.2 million.
Singularity, a startup developing a protocol to provide institutions with compliant and confidential access to DeFi, has raised $2.2 million.
Cyber Risks, Emerging Risks Arthur J. Gallagher & Co., Willis Towers Watson
The UK is home to nearly three million “Frankenstein” identities stitched together by fraudsters out of real and made up personal details, according to researchers who warn of a potential multi-billion pound hit to the economy.
Major UK life insurers, particularly the eleven largest firms active in the bulk purchase annuity (BPA) market, are resilient to a severe but plausible financial markets stress scenario, according to the recently published Prudential Regulation Authority (PRA) 2025 Life Insurance Stress Test (LIST 2025).
Catastrophes, Marine China, European Union, Japan, Middle East/Africa
Fitch Ratings maintains a ‘neutral’ sector outlook for North American life insurers in 2026 despite a more challenging backdrop, citing that strong balance sheets will help mitigate a potential slowdown in economic growth, heightened macroeconomic volatility, and geopolitical uncertainty.
Coverage Disputes, Employment Practices, Regulation
The cloud provider has announced that it is launching a dedicated Digital Assets Team to explore the potential of blockchain-based platforms.
CRC Group, a wholesale specialty insurance distributor in North America, has acquired ARC Excess & Surplus, LLC (ARC), one of the country’s largest specialty wholesale insurance distributors, adding significant scale and capabilities to its growing platform.
Kshema, the Indian agricultural insurer that leverages technology and parametric triggers to provide cover to smallholder farmers, is set to receive $20 million in funding from the UN Green Climate Fund (GCF) to help it scale up its offerings.
Broker Aon, has agreed to sell its eDiscovery practice to TCDI – a leading provider of legal services, software and cybersecurity.
Bermuda-based Managing General Underwriter, Fidelis MGU, has promoted Kevin Adams to Head of US Treaty Production and Jason Shrubb to Head of US Reinsurance.
Agents and Brokers, Emerging Risks, Marine, P/C Insurers Middle East/Africa Lloyd’s of London
Terralyn Montgomery considered her Tricolor Auto purchase a blessing. Montgomery had fallen on hard times — her son had been…