Economic losses from natural catastrophes in the EU are rising due to increased economic exposure and the growing severity of climate-related disasters. Between 1981 and 2023, NatCat events caused ...

For private businesses, Bloomberg applies comparisons with similar publicly listed companies using enterprise value-to-Ebitda or price-to-earnings ratios. If net debt is unknown, the valuation assumes ...

Insurers in Central and Eastern Europe and Italy are facing estimated losses of €1.886 bn from Storm Boris, which brought devastating floods to the regions, according to Perils. Storm Boris swept ...

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 ...

Allianz SE has announced strong financial results for the third quarter of 2024, with a 13.6% increase in operating profit, reaching €3.9 bn. The impressive performance is largely attributed to the ...

Insurtech Sixfold, the insurtech empowering underwriters with a generative AI solution for end-to-end risk analysis, introduced an AI Accuracy Validator to strengthen underwriter confidence in ...

Employer medical and health insurance costs are higher than they’ve ever been and are increasing at rates that have not been seen in nearly a decade. In 2023, costs were projected to increase by 9.2% ...

The Alberta government introduced legislation that, if passed, will underpin the largest transformation of the auto insurance system in provincial history, and improve and expand access to care for ...

International insurtech bolttech has acquired Digital Care, a leading embedded protection company based out of Poland. bolttech and Digital Care will reinforce a leading embedded protection position ...

According to The Croatian Financial Services Supervisory Agency, total premium collected by insurance companies in 2023 amounted to EUR 1.7 billion, of which EUR 300 million (18.4%) related to life ...

Aon announced a co-broking agreement with Protecdiv, a minority-owned brokerage, to expand service offerings for U.S. public and private sector clients. The full terms were not disclosed, Aon stated.

The Ranking evaluates data of the top Indonesia’s billionaires according to their estimated net worth, industry affiliation, and ranking position. The list includes richest people from various sectors ...