Omnix Medical, a Jerusalem biotech working on anti-infective drugs, closed a $25 mn Series C funding round co-led by Harel Insurance & Finance and the European Innovation Council (EIC) Fund. Existing ...

S&P Global Ratings shifted its outlook on Vienna Insurance Group and its reinsurer VIG RE to positive from stable. The agency kept both entities at A+ for insurer financial strength and issuer credit.

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 30% in ...

France has cemented itself as one of Europe’s most dynamic startup ecosystems, with a cohort of unicorns that reflects both the diversity of its innovation and the growing maturity of its venture ...

Cyber threat actors’ tactics, techniques, and procedures (TTPs) are constantly evolving, exposing cyber insurers to an ever-changing loss mix. Annual insured losses surged from under $100 mn pre-2017 ...

The European insurance sector’s risks remain stable at medium levels, with some vulnerabilities linked to market volatility and fluctuating real estate prices, according to EIOPA’s Insurance Risk ...

The Saudi insurance market is expected to see further consolidation in 2024 and 2025 on the back of the ‘2030 Saudi Vision’, according to Fitch Ratings. New minimum capital requirements are helping ...

Severe Convective Storms (SCS) inflicted $58bn in insured losses in 2024, surpassing hurricanes and ranking as the second-costliest year on record for these events, according to ZestyAI. Roof damage ...

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 ...

Global growth is decelerating as US tariff policy reduces trade and heightens uncertainty. Consumers and firms have likely already begun cutting spending and investments in response to the uncertainty ...

Business leaders are aware of AI-driven cyber risks and their implications. But understanding changing risk profiles to make better decisions around the management of new exposures is the key to cyber ...

Inclined Technologies, a digital platform that simplifies access to the living benefits of whole life insurance, has closed an $8mn Series B round. HSCM Ventures led the investment, joined by ...