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AI platform Cytora raises £25mn in Series B round

The EQT Ventures-led investment takes the InsurTech's funding to date to about $40mn.

Anna Sagar, 17 April 2019
Axa provided coverage to Notre Dame contractors

The cathedral itself is self-insured by France as a property of the state, according to the insurer.

Laura Sanicola, 17 April 2019
Enstar to reinsure $500mn of Zurich’s US asbestos book

The global insurer launched a process last year to dispose of the runoff portfolios.

Laura Sanicola, 17 April 2019
D&O market eyes tender offer ‘strike litigation’

Arguments were held Monday before the US Supreme Court in a case that could open the door to more lawsuits and D&O claims.

Christie Smythe, 17 April 2019
MGA platform K2 Insurance Services to be sold

The San Diego-based MGA Platform is expected to be sold to PE firm for an estimated $300mn to $400mn.

Laura Sanicola, 17 April 2019
Spate of severe storms continues in US

More storms are expected after tornadoes tore through Texas, Pennsylvania and Ohio.

Bernard Goyder, 17 April 2019
European Parliament gives nod to financial supervision reforms

Insurance Europe welcomed the changes, which were watered down following accusations of an EU power grab.

Laura Board, 16 April 2019
Securis co-founder Procter joins Akinova investment round

Rob Procter will also join Akinova’s advisory board.

Lucy Jones, 16 April 2019
Scandinavian insurers report 12% uptick in hull premiums

Gard retains its position as largest Nordic hull insurer by premium volume.

John Hewitt Jones, 16 April 2019
Progressive Q1 net profit jumps 50%

Written premiums swelled by 16 percent as the carrier expanded into new commercial lines.

John Hewitt Jones, 16 April 2019

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