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News

@BeinsureMedia
beinsure.com > news > chariot-re-raises-700-mn

Chariot Re raises $700 mn in third capital round, taking total capital above $2 bn

1+ week, 1+ day ago   (283+ words) Chariot Reinsurance has closed an oversubscribed third capital raise of approximately $700 mn in equity and debt financing. The Bermuda-based Class E life and annuity reinsurer said the additional funding will increase its capacity for new reinsurance transactions. MetLife and General…...

@BeinsureMedia
beinsure.com > news > starr-and-goalhanger-launch-geopolitical-risk-series-at-lloyds

Starr and Goalhanger launch geopolitical risk series at Lloyd's of London

1+ week, 1+ day ago   (336+ words) Starr and media company Goalhanger have launched The Risk Briefing, an executive event series examining geopolitical developments and their effect on corporate risk. The invitation-only sessions will be held at Lloyd’s of London for Starr’s brokers, clients and business partners....

@BeinsureMedia
beinsure.com > news > aon-to-acquire-usi-insurance-services-from-kkr-for-17bn

Aon to acquire USI Insurance Services from KKR for $17 bn

1+ week, 1+ day ago   (588+ words) Aon has agreed to acquire USI Insurance Services from KKR and its co-investors for $17 bn in cash. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals and customary closing conditions. USI provides property and…...

@BeinsureMedia
beinsure.com > news > verisk-launches-us-data-center-exposure-database-for-insurers

Verisk launches US data center exposure database for insurers

1+ week, 1+ day ago   (608+ words) Verisk has launched a U.S. Data Center Exposure Database covering more than 2,500 facilities nationwide. The product gives insurers, reinsurers and brokers building-level information for assessing catastrophe exposure and portfolio concentrations. The database includes rooftop-level geocoding and individual facility footprints. It also…...

Beinsure: Insurance
beinsure.com > news > tokio-marine-invests-in-insurtech-kita

Tokio Marine invests in insurtech Kita to expand carbon insurance business

2+ week, 3+ day ago   (460+ words) UK carbon insurtech company Kita has secured an undisclosed strategic investment from Tokio Marine Group and expanded its commercial partnership with the Japanese insurer. The investment was made through Tokio Marine & Nichido Fire Insurance Co. or TMNF. The deal builds…...

Beinsure: Insurance
beinsure.com > news > munich-re-to-acquire-cyber-insurtech-at-bay-for-575mn

Munich Re to acquire cyber insurtech At-Bay for $575 mn

2+ week, 4+ day ago   (323+ words) Munich Re Group has agreed to acquire cyber InsurTech At-Bay Inc. for $575 mn, expanding its position in the US cyber insurance market. The transaction, announced Aug. 19, is expected to close in the first quarter of 2027, subject to regulatory approvals. At-Bay…...

Beinsure: Insurance
beinsure.com > news > verisk-terminated-acculynx-acquisition

Delaware judge ruled Verisk’s termination of the $2.35 bn AccuLynx acquisition invalid

1+ mon, 1+ day ago   (279+ words) A Delaware judge ordered data analytics firm Verisk to try to complete its planned $2.35 bn acquisition of AccuLynx, the roofing software company, more than seven months after Verisk said it had terminated the deal, according to Reuters. Bonnie David, a…...

Beinsure: Insurance
beinsure.com > news > munich-re-profit-rises-to-e2-2-bn

Munich Re Q2 2026 profit rises to €2.2 bn on strong investment result

1+ mon, 1+ day ago   (599+ words) Munich Re, the global reinsurer, reported a net result of €2.211 bn for the second quarter of 2026, up from €2.085 bn a year earlier, supported by low major-loss expenditure in property-casualty reinsurance and a strong investment result. The first-half net result rose…...

Beinsure: Insurance
beinsure.com > news > steadfast-extends-exclusivity-for-amwins-and-dragoneers

Steadfast extends exclusivity for Amwins and Dragoneer’s $5.41 bn takeover offer

1+ mon, 1+ week ago   (334+ words) The broker said the exclusivity period will now run until August 19. That gives Steadfast, Amwins Group and Dragoneer Investment Group more time to complete remaining confirmatory checks, finalise transaction documents and secure internal approvals. Steadfast said the process had made…...

Beinsure: Insurance
beinsure.com > news > mapfre-buys-stake-in-insurtech-tuio

Mapfre buys 38.9% stake in Spanish insurtech Tuio

1+ mon, 1+ week ago   (255+ words) Mapfre has agreed to acquire a 38.9% stake in Tuio, a Spanish insurtech and digital insurance distributor, through a share purchase and participation in a capital increase. The insurer will buy shares from several existing Tuio shareholders before joining the capital…...