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 ...

Swiss Re reported strong first-quarter results in both its property & casualty and life & health reinsurance businesses, despite a slight drop in revenue and continued caution in U.S. casualty lines.

Chinese insurtech XChange TEC INC to appeal a Nasdaq delisting notice after failing to maintain the required $35 mn minimum market value of listed securities. The company filed the appeal. This move ...

KatRisk, a provider of catastrophe risk modeling software for the insurance and financial sectors, has acquired Gamma, a company based in Dublin specializing in location intelligence and ...

The U.S. Second Circuit Court of Appeals reversed its earlier decision, ruling that arbitration clauses established under the New York Convention take priority over Louisiana state law, which ...

AXA XL reported a 7% increase in gross written premiums and other revenues in Q1 2025, reaching €21bn. This included a 12% rise in AXA XL Reinsurance premiums to €1.4bn, attributed to higher volumes ...

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 ...

The insurance industry, long perceived as traditional and often bogged down by complex paperwork and delayed claims, is on the cusp of a transformative revolution. This change is being driven by ...

Aegis, a Lloyd’s underwriter, announced it has increased the capacity of its Shield terrorism risk program to $500 mn from $250 mn. This capacity, supported by an Aegis London-led Lloyd’s consortium, ...

Cloud data security insurtech Sentra secured $50 mn in Series B funding, increasing its total capital raised to over $100 mn. Key1 Capital led the round, joined by previous investors Bessemer Venture ...

Vienna Insurance Group (VIG), based in Austria, has acquired a 48.82% stake in Polish financial broker Phinance. The Polish Office for Competition and Consumer Protection (UOKiK) approved the ...

Chinese insurtech XChange TEC INC has acquired a Hong Kong-based insurance broker, establishing a base to expand its services across China and international markets. The company said the acquisition ...