Risk
Cape Analytics Pulls in $44M in New Financing From Multiple Investors
Cape Analytics has attracted $44 million in new financing, and the provider of property data plans to use the funds for expansion, accelerated product development, and hiring of more machine ...
Aviva Warns UK Government Safety Plan for High-Rise Buildings Could Push Away Investors
Aviva Plc, the UK insurer and asset manager, warned the government that new safety proposals for high-rise apartment blocks could steer institutional investors away from the residential property ...
Climate Change Financial ‘Stress Tests’ Need Better Data and Modeling: Global Oversight Body
Climate change financial 'stress tests' will need to be improved with better data and modeling, a new paper by a global oversight body has recommended, but potential losses at individual banks or ...
Lula Raises $18M, Allowing Big Expansion of Its API Tech for Insurance Infrastructure
API InsurTech startup Lula plans to aggressively hire and expand its product capacity now that it has raised $18 million in new venture capital. The company started out as a car sharing app for ...
Federal Judge Halts Enforcement of Part of Florida’s New Property Insurance Reform Law
A federal judge has halted enforcement of a section of Florida's new property insurance reform (SB 76) law that restricts the advertisements and solicitations of roofing contractors. U.S. District ...
Daily Mail in Discussions to Sell Catastrophe Modeling Firm RMS
Daily Mail and General Trust Plc (DMGT) said it is in discussions to sell its catastrophe modeling insurance unit, RMS, following a number of third party inquiries. DMGT said discussions are ongoing ...
Europe, U.S. and Canada Slammed by Record Weather Catastrophes in June: Aon
June 2021 left Europe with its costliest severe storm period on record. Meanwhile, over in the U.S. in Canada, record-setting heatwaves caused significant damage, according to Aon's latest natural ...
Your Pet’s Name as a Password: Old Cybersecurity Risks Perpetuate Post-COVID
Here's a statistic that underscores the tough job cyber insurers have in convincing clients to reduce risks: 57 percent of individuals said they use personal information to inspire a password. That's ...