The Illinois House has voted down a contentious insurance regulation bill that would have expanded the state’s power to review and modify filed rates, mandate longer notice periods for premium hikes, ...
Hurricane Melissa tore into Jamaica with 185 mph winds and sheets of rain, smashing records and leaving behind a trail of economic damage that could stretch into the billions. Yet insured losses are ...
Insured losses from Hurricane Melissa in Jamaica could hit between $2.2 bn and $4.2 bn, according to data from Verisk’s extreme event solutions unit. Melissa slammed into the island on Oct. 28 with ...
US auto insurers are racing to increase premium rates as they seek to offset historically poor underwriting results. The year-to-date nationwide average increase for private auto insurance is 32% in ...
Naluri, a Malaysia-based digital health insurtech provider focused on employee wellbeing, has raised $5 mn in fresh Series B equity, bringing its total Series B funding to $14 mn. The round was led by ...
Canadian life insurance new annualized premium rose 13% year over year to C$508 mn in the first quarter of 2025, according to LIMRA’s Individual Life Insurance Sales Survey. Permanent life insurance ...
Germany’s startup ecosystem in 2025 is consolidating its role as Europe’s second-largest innovation hub after the UK, driven by a combination of fintech, deep tech, AI, and climate-focused ventures.
A consortium led by Allianz SE, BlackRock, and Japan’s T&D Holdings will acquire Viridium Group, a German life insurance consolidator, for €3.5bn from private equity firm Cinven. Generali Financial ...
Over the next decade, the global economy must channel nearly 3.5% of GDP each year—around $4.2trn—into upgrading social, transport, energy, and digital infrastructure, according to Allianz’s Global ...
London-based insurtech INSTANDA has closed a $20 mn round, a push that lifts total capital raised to more than $85 mn. CommerzVentures led the deal, adding its weight as a specialist investor focused ...
Swiss Re’s annual SONAR report identifies new or changed risks that are difficult to quantify and could have a major impact on society and industry. By providing early insights into evolving risks, ...
Daniel holds a diploma in Mathematics and a PhD with honours in Computer Science, both from University of Konstanz in Germany. He joined Swiss Re in 2008, working in Risk Management where he was ...