Markets
Consumer Reports Urges Dark Chocolate Makers to Reduce Lead, Cadmium Levels
Consumer Reports on Monday urged four chocolate producers to commit by Valentine's Day to reduce the amounts of lead and cadmium in their dark chocolate products after testing revealed harmful levels ...
We Insured FTX
Late last year, the leader of a Bermuda insurance company specializing in coverage for emerging sectors, including the digital asset ecosystem and companies working in cannabis and psychedelics, ...
Auto Insurance Shopping – and Switching – Increases
Drivers are not only shopping around for auto insurance more than ever, they are switching carriers. According to a quarterly report from J.D. Power, in collaboration with TransUnion, the quote rate ...
Hannover Re Transfers Cyber Risks to Capital Markets via Proportional Reinsurance
Hannover Re has developed an additional retrocession tool that for the first time enables the capital markets to participate directly in coverage of its cyber risks through a quota share cession. ...
Conning: Embedded Insurance Market Could Exceed $70B in Premium by 2030
Embedded insurance – a concept in which insurance is wrapped into the purchase of a product at the point of sale - could exceed $70 billion in premium by 2030, according a new report by Conning. ...
No Class of 2023: Why Capital Is Sitting on the Reinsurance Sidelines
Until investors can be convinced that property-catastrophe reinsurance pricing has caught up with recurring event losses, they'll continue to sit on the market sidelines, a market executive said ...
Louisiana Governor Orders Special Session to Address Insurance Incentive Fund
Louisiana Gov. John Bel Edwards called for a special session Sunday to address appropriate funds to the Insure Louisiana Incentive Fund, a fund created by lawmakers last year to attract more ...
Joyn Insurance Completes $17.7M Series A Funding Round
Delaware-based InsurTech Joyn Insurance announced in January that it completed a $17.7 million Series A funding round led by OMERS Ventures, with participation from Avanta Ventures, ManchesterStory, ...