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A roundup of all the news you need today, including start-up Solasta Innovation’s $250mn private fundraise launch and Lonsdale's liquidation. -
Annual InsurTech funding volume for H1 was $2.2bn, just below $2.3bn for H1 2023.
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Collier will be responsible for all risk underwriting activity.
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Total pre-tax cat losses for the quarter grew sixfold YoY to $135mn.
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The slowdown was based on a conviction of “higher likelihood of frequency events” this year.
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In messaging to the market, the cyber insurer described the rating environment as “stable and sustainable”.
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Crashes and collisions accounted for 63% of aviation insurance claims between 2019 and 2024.
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This is Carrick’s second transaction this year and Insurance Insider understands it expects to complete others before year end.
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Over 75% of insured losses attributable to severe thunderstorms, flooding and forest fires.
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A roundup of all the news you need today, including Beazley’s stance post CrowdStrike outage.
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John Dacey will retire at the end of March 2025 after 12 years with the firm.
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The carrier continued to expand in property and specialty, especially non-cat exposed business.
