Insurance News

Swoop bolsters its insurance assets under management to over $100 billion Reinsurance  » Read More

Israeli cyber security startup Apex, which focuses on protecting the rapid use of artificial intelligence (AI) tools, said on Thursday it received an undisclosed investment from OpenAI Chief Executive Sam

Decline due to decrease in mega-round deals, says Gallagher Re Global insurtech funding has dipped below the billion-dollar mark amid a lack of mega-round deals during the first quarter of

Acquired firm was established in 2012 Marsh McLennan Agency (MMA) has acquired AC Risk Management (ACRM), an independent commercial lines brokerage based in Melville, New York. Established in  » Read More

Move required to supports its "future ambitions in the US market" Mosaic Insurance has relocated its New York City office to a site across from Manhattan’s Grand Central Terminal.  » Read

CEO says record amount reflects company's strong financial performance in 2023 Commercial property insurer FM Global has announced its largest-ever membership credit, with approximately $1.4 billion set aside for its

AXA, Europe’s second-largest insurer, reported a 6% increase in total revenue during the first quarter to €34 billion ($36.4 billion), compared with €31.8 billion ($34.1 billion) in Q1 2023. The

Uber Technologies Inc. was sued by thousands of London’s black cab drivers in a suit seeking hundreds of million pounds accusing it of unlawfully operating in the capital city. The

Athora Holding Ltd., an insurance affiliate of Apollo Global Management Inc., and AXA SA have terminated a deal to transfer life insurance policies in Germany almost two years after announcing

Increased premiums combined with lackluster customer satisfaction scores are driving record numbers of auto insurance customers into the market for a new policy, according to the J.D. Power 2024 U.S.