-
InsurTech funding was down 7.3% from $1.09bn in the prior quarter. -
Insight into the state of the insurance M&A market, powered by Insurance Insider’s comprehensive deal database.
-
The business has not initiated a sale process, with the wheels not yet actively turning on an exit for Apiary.
-
The syndicate is expected to write ~$300mn of business in 2026.
-
The start-up has struggled to build scale since its 2024 launch and has cut back its 2026 stamp.
-
The carrier is consolidating its venture capital activity into asset manager MEAG.
-
Private capital providers are being signed down as two strong years have piqued interest.
-
Lloyd’s investment vehicles have been shelved in past years but a strong run of returns is creating interest.
-
It comes as the MGA expects to write more than $1bn of premium in 2026.
-
West Hill Capital is the main investor in the capital raise.
-
The Bermuda reinsurer has been active in ILS since launching in 2007.
-
The sidecar will support five programs providing specialty frequency coverages.
-
From aviation claims to retention challenges, underlying dynamics will take time to play out.
-
The tech firm is building a joint stock company with insurers and investors.
-
The relationship between growth and capital is “symbiotic”, the broker said.
-
Lenders include Morgan Stanley, Permira and Bridgepoint.
-
Blackstone-style capital seeking to get closer to source is a net negative for reinsurers.
-
The syndicate will be targeting approximately $50mn of GWP in its first year.
-
Apollo most recently received in-principle approval for Syndicate 1972.
-
The private ILS segment took losses from LA wildfires and Mid-West severe convective storms in H1 2025.
-
Fleming’s attempt follows those of other legacy carriers that have had recent successes raising capital.
-
The insurer’s plans for the syndicate were revealed by this publication earlier this year.
-
The reinsurer is moving all its non-cat business to the new syndicate, leaving 1910 focussed on peak cat.
-
The post-disaster reinsurance start-up model is changing.
-
It is understood that CyberCube has been considering a sale of the business.
-
Strong CoRs and investment returns supported profitability in H1 2025.
-
The ILS play will make the business more capital efficient under new owner Sixth Street.
-
Assurex’s global independent broker network pumps $4bn of premium into the London market.
-
The lawsuit is the latest development in the multi-billion dollar reinsurance scandal.
-
The fronting insurer will be able to support MGAs across the 27 EU states.
-
The firm is currently working with 13 MGAs, including QMetric and Eaton Gate.
-
A second syndicate is being explored for “big and bold” new lines
-
The Lloyd’s syndicate was one of just a couple of reinsurance start-ups in the current hard market.
-
Lloyd’s executives have suggested ceded reinsurance syndicates could help London compete in treaty.
-
The company resumed work on a public offering in September.
-
The deal, revealed by this publication in December, values the firm at $14bn.
-
Sources said NY-based Lee Equity is seeking to extend its investment in the TPA heavyweight.
-
The Lloyd’s business secured a $90mn investment from Alchemy in 2021.
-
The managing agent for Syndicate 609 has been involved in an M&A process this year.
-
BP Marsh has subscribed for a 49% shareholding in the start-up MGA.
-
The $2.59bn renewal is up 45% from last year.
-
The Corporation is poised to accelerate its investments in start-ups.
-
Insight into the state of the insurance M&A market, powered by this publication's deal database.
-
The programme will succeed the previous buyback launched in 2023.
-
The CEO said Ascot would deploy capital where it sees opportunities.
-
The IPO was announced at the end of April, targeting ~$2.6bn-$2.9bn.
-
The specialty carrier is braving volatile macroeconomic conditions in a second effort to list.
-
Sentiment at the ILS Connect event hosted by Insurance Insider ILS was generally positive.
