Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Y Combinator insurance tech alum Angle Health hits $2.7B valuation
These days, it's rare to hear of a startup founded in 2019, or one not focused on AI agents, raising a hefty Series C. But health insurance startup Angle Health announced Friday that it raised a $200 million Series C, alongside a $400 million…
Nonlife insurers buoy Hungarian market
The Hungarian insurance sector's cumulative premium income grew 3% year on year to 1.1 trillion Hungarian forint ($3.4 billion), partly driven by a 7% increase in nonlife premium income, according to the National Bank of Hungary, Xprimm reported.
Specialty Insurer Orion180 Slumps 4.2% After $240 Million IPO
Orion180 Insurance Group Inc. fell 4.2% in its trading debut after the company raised $240 million from an upsized initial public offering. The specialty homeowners insurance company opened at $11.50 per share on Friday, above its IPO price of $12.
EU to form 'climate insurance alliance'
The European Union will create a “climate insurance alliance” to expand coverage for extreme weather after one of Europe's worst wildfire seasons on record and successive heatwaves killed dozens, disrupted power and reduced…
Brussels is Building a Climate Protection Racket in the Name of 'Climate Insurance'
Kurt Vandenberghe, the European Commission's Director-General for Climate Action, put the new orthodoxy in a single sentence this month. Posting after a round table with Europe's insurers on closing the “climate protection gap”, he…
Hailstorm causes more than $1B in insured losses
The severe hailstorm that struck the Swiss Plateau on Aug. 28 caused nearly 1 billion Swiss francs ($1.2 billion) in privately insured losses, excluding property damage covered by cantonal building insurance programs, according to the Swiss…
Brookfield: Record Fundraising, Insurance Earnings, And A Near-Term Investor Day Catalyst
Brookfield Corporation is rated a buy, driven by robust distributable earnings growth, record fundraising, and strategic corporate simplification. BN's asset management and Wealth Solutions segments delivered double-digit earnings growth, with $77…
UAE insurers post profit despite significant flood losses
Listed insurers in the United Arab Emirates recorded a 13% year-on-year rise in first-half profit before tax to 2.4 billion Emirati dirham ($653 million) despite incurring significant losses from the March 2026 floods, according to Dubai-based…
Study links soaring health care spending to higher insurance premiums
Growth in health care spending in the United States is driving increases in health insurance premiums, limiting people's access to care and contributing to wage reductions, job losses, and rising inequality, according to a new study coauthored by…
Scaling with technology: How an eight-person digital insurance brokerage covered 300k+ customers
Matthew Farquhar, CFP, Executive Director at SureStart. (Picture: Supplied) Most insurance distribution models scale the traditional way; more customers mean more staff – more brokers, more back-office support staff and a larger claims team.
Bermuda re/insurers stand ready as EU seeks to close protection gap
eecf2632-51de-4550-85f8-d53c7023a099 Catastrophic impact: Moha Haddad tries to put out a fire at his home as a wildfire spread in Ávila province in Spain this summer (Photograph by Manu Fernandez/AP) The European Union is looking to set up a…
Is the Enterprise Insurance Market Agentic AI's Hidden Ceiling?
Every additional degree of autonomy potentially creates another liability question. It also creates a harder insurance problem. Unlike the familiar risk of one employee, application or company making a mistake, the same foundation model and…
London's Marine Insurers Widen Black Sea High Risk Zone as Shipping Attacks Surge
LONDON, Sept 18 (Reuters) – London's marine insurance market has widened the area in the Black Sea it deems as ?high risk as the Ukraine-Russia conflict escalates, according to an advisory issued this week. The Black Sea is a vital route for…
Betting Against Banks With FAZ? You're Actually Shorting Insurers and Brokers
Dow Jones51,598.60−0.49% Russell 20002,848.45−0.90% Dow Jones51,598.60−0.49% Russell 20002,848.45−0.90% Dow Jones51,598.60−0.49% Russell 20002,848.45−0.90% Dow Jones51,598.60−0.49% Russell…
Morning Business Report: Data center utility protection bill stalls in Senate as health insurance costs rise
(LILAMAX)- A bipartisan proposal designed to protect consumers from electricity costs associated with new data centers has stalled in the U.S. Senate. The Ratepayer Protection Act passed the House 417-3 Wednesday before an attempt to pass it by…
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