Industry News
At-Bay to Be Acquired by Munich Re for $575 Million
Munich Re Group on Aug. 19 said it has agreed to acquire cyber InsurTech At-Bay Inc. for $575 million. The cyber insurance and managed detection and response (MDR) provider primarily serving small- ...
Willis Re Jumpstarts US Expansion With Buy of BMS Re, US
To establish an operational presence in the U.S., reinsurance broker Willis Re on Aug. 18 said it is acquiring BMS Re, US. The deal includes BMS Intermediaries Inc. and BMS Capital Advisory LLC, as ...
AI Workflow Coordination is the New Competitive Advantage in U.S. Workers Comp: Report
A new white paper suggests that AI in workers compensation is best maximized when embedded directly into a framework of coordinated operational workflows rather than deployed as isolated tools or ...
Munich Re, Lloyd’s Top List of 50 Largest Global Reinsurers: AM Best
Munich Re has reclaimed its position from Swiss Re as the largest of global reinsurers that use IFRS-17 accounting standards, while Lloyd's has moved to the top ranking of non-IFRS-17 reinsurers, ...
Gallagher: Securities Class-Action Settlement Dollars Up $48% in H1
For the first half of 2026, when it comes to securities class actions, the plaintiffs bar is winning, according to Gallagher. In a new report on the lawsuits targeting directors and officers, ...
AIG Starts Parametric Cloud Outage Solution
American International Group (AIG) said it launched a new Parametric Cloud Outage Solution, providing clients an additional layer of cyber insurance protection to help them recover faster from ...
Gen Z Drivers Most Likely to Drive Uninsured: TransUnion
Nearly one-third of Gen Z drivers (30%) admitted having owned or driven an uninsured vehicle over the past six months, making them the most likely generation to own or drive a vehicle without ...
Thoma Bravo to Take Accelerant Private in $4 Billion Deal
Accelerant said on Thursday that private equity firm Thoma Bravo will take the insurance marketplace platform private in an all-cash deal worth more than $4 billion, just over a year after its New ...