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Allianz SE has announced strong financial results for the third quarter of 2024, with a 13.6% increase in operating profit, reaching €3.9 bn. The impressive performance is largely attributed to the ...

Source: Beinsure.com Methodology of the Bloomberg Billionaires Index. For private businesses, Bloomberg applies comparisons with similar publicly listed companies using enterprise value-to-Ebitda or ...

The insurance-linked securities (ILS) market reached a record $107bn in capacity by the end of 2024. AM Best Director of ILS Matt Tuite attributes this expansion to strong investor returns, rising ...

Near Space Labs, a provider of aerial imagery for insurance and other applications, has launched stratospheric robots across the United States. This network delivers improved, ultra-high-resolution ...

Ryan Specialty Holdings announced the acquisition of 360 Degree Underwriting, a managing general underwriter based in Dublin and Galway, Ireland. The company specializes in commercial construction.

The unpredictability of such events may also lead insurers to withdraw from high-risk areas. Low awareness of risks and reliance on government disaster aid further suppress insurance adoption among ...

Insurtech Sixfold, the insurtech empowering underwriters with a generative AI solution for end-to-end risk analysis, introduced an AI Accuracy Validator to strengthen underwriter confidence in ...

Nirvana Insurance, an AI-driven commercial trucking insurer, raised $80mn in a Series C funding round, bringing its valuation near $850mn. The company has experienced significant growth, surpassing ...

David Derigiotis is president of brokerage and head of insurance at Flow Specialty, a next-gen specialty wholesale insurance brokerage. David has more than 20 years experience in the specialty ...

Matt Tuite – Director of Insurance-Linked Securities (ILS) at AM Best. Matthew Tuite is the Director of Insurance-Linked Securities (ILS) at AM Best, based in Oldwick, New Jersey. He has extensive ...

AM Best reports that upcoming changes to the UK’s solvency regulations, expected to be finalized in November, are likely to positively impact UK insurers. The revised framework will be branded as ...