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McGill and Partners, a leading independent global specialty insurance and reinsurance broker, has announced its expansion into the Nordic region with the opening of a new branch office in Sweden, pending regulatory approvals.
Beazley, a leading specialist insurer, has published its latest Risk & Resilience report: Spotlight on Cyber & Technology Risk 2024, which explores how businesses perceive increasing cyber threats, tech disruption, and intellectual property risks amid rapid technological advances.
The recent news that leading BNPL fintech, Klarna, has shed 700 staff (half its workforce) following the adoption of AI tools – and is more streamlined and profitable than ever before – should come as a wake-up call to many in the financial services space.
Social inflation has emerged as a key factor behind the surge in US liability claims, according to Swiss Re Institute’s newly launched Social Inflation Index.
The first half of 2024 marked a significant downturn in insurance carrier M&A, with only 103 deals completed, the lowest figure in 15 years, according to Clyde & Co’s mid-year Growth report.
A new whitepaper from Marsh McLennan and Zurich Insurance Group highlights the urgent need for greater public sector involvement to bolster societal resilience against catastrophic cyber events.
A recent AM Best report has found that the shift towards International Financial Reporting Standards (IFRS) 17 marks a significant transformation in financial reporting, especially within the reinsurance market. This change has created the need for a new approach to performance analysis.
Guidewire, a leading developer of software solutions for the insurance industry, has announced the release of critical data and maps detailing wildfire risk in the United States, available at national, state, and local levels.
A new report from AM Best has found a surge in catastrophe bond issuance and widening spreads in early 2024, underlining the growing demand for reinsurance capacity and demonstrating marked interest in parametric-triggered reinsurance and insurance-linked securities (ILS).
Penguin Benefits was founded by Chengchen Li in 2020, following her own journey through the complex maze that is the parental benefits space.
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