Tag: reinsurance

Northern Reinsurance SPC, a balance sheet reinsurer based in New York and Cayman, has successfully increased its committed capital by securing an additional $50m in funding.

The insurance sector is grappling with a pricing tool dilemma. A significant 81% of insurers express doubts regarding the effectiveness of their current pricing technologies. One of the main culprits? Excel.

Boost Insurance, a prominent player in the insurance infrastructure sector, has just announced the launch of a new product, designed to enrich its comprehensive insurance-as-a-service stack.

Radian has bagged $353m in fully collateralised excess of loss reinsurance coverage through a transaction with Eagle Re 2023-1 Ltd.

Boost Insurance, the innovative insurance infrastructure platform, has unveiled a strategic partnership with Canopius US Insurance Holdings, a subsidiary of Canopius Group.

Specialist (re)insurance broker Miller has announced a significant expansion of its offering through the establishment of a new treaty reinsurance team in APAC.

Inari, described as a "core technology infrastructure provider for the global insurance and reinsurance industry", has successfully secured $5.2m in a seed funding round. This was led by Caixa Capital Risc, operating through Criteria Venture Tech.

The Demex Group, described as the innovators behind unprecedented reinsurance solutions tackling accumulating losses from secondary perils, has successfully garnered an investment of $5m.

Augment, a newly launched reinsurance broker, has recently made waves with an inaugural investment of $100m.

Howden, an international insurance broker, has launched its third annual report on cyber insurance titled 'Coming of Age'. The report forecasts the potential for the cyber insurance market to balloon to a hefty $50bn by 2030.