Global P/C Industry Produces Strongest Rate Hikes in 20 Years, as Inflationary Risks Surface

Robust global economic recovery, higher risk awareness and the strongest rate hardening for 20 years in non-life insurance commercial lines will combine to push premiums 10% above pre-COVID-19-crisis ...

N26, a Fintech and On-Demand Insurer, Could Hit $10B Valuation in New Fundraising

N26 GmbH is holding discussions with investors to raise several hundred million dollars in a fundraising that could value the German fintech at about $10 billion, according to people familiar with ...

Flood Onslaught In Germany Could Break Records; Insurers Expect Costly Hit

Chancellor Angela Merkel pledged swift help backed by "all the power of the state" for people affected by devastating flooding in western Germany, where at least 42 people have died and dozens are ...

Executives On The Move at Chubb and AXA XL

Chubb made two senior appoints to its United Kingdom & Ireland Casualty team. AXA XL named a new senior underwriter,Political Risk, Credit & Bond in the UK & Lloyd's market.