Insurance Business America

New product line offers tailored coverage for businesses navigating environmental risks HDI Global Insurance Company (HGIC), the US subsidiary of international corporate and specialty insurer HDI Global SE (HDI), has

New financing led by JPMorgan Chase The Liberty Company Insurance Brokers (Liberty) has expanded its syndicated credit facility by $100 million, with JPMorgan Chase leading the financing.  » Read More

Funding will support expansion and new coverage options for digital asset risks Soter Insure has closed its Series A funding round, led by Galaxy, with participation from Brevan Howard Digital,

The results come amid its US expansion Trisura Group Ltd. has announced record-breaking financial results for the fourth quarter and full year of 2024, highlighting significant growth, increased profitability, and

Despite lower funding, AI-focused startups raised more capital and gained industry attention The global insurtech sector experienced shifts in investment patterns throughout 2024, with artificial intelligence (AI) playing an increasingly

Regulatory pressure mounts as enforcement efforts target sanction evasion tactics The marine insurance sector is navigating heightened regulatory pressures as insurers, shipowners, and flag states confront increased scrutiny over shadow

More than half of leaders expect gains, but climate change remains a top concern Chief executives worldwide expect global economic growth to improve over the next 12 months, according to

He will oversee underwriting, marketing, and account management in his new role Topsail Re has announced the appointment of Chris Bilski (pictured) as senior vice president of underwriting. In his

Improved underwriting and de-risked investments strengthen the group's financial position AM Best has revised the outlooks for Somers Re Ltd. and its subsidiaries from stable to positive while affirming their

Move intended to maintain market stability and coverage availability California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a temporary