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Novidea, an insurtech platform provider, has raised $15m in a Series B financing round, led by JAL Ventures Fund II, for supporting its global growth. The Series B
Argo Group International Holdings Ltd. (NYSE: ARGO), an underwriter of specialty insurance products, today announced the closing of the sale of Ariel Re to Pelican Ventures and J.C.
Metromile, a US-based pay-per-mile auto insurer, has agreed to merge with INSU Acquisition Corp. II (INSU II), in a cash-cum-stock deal worth up to $956m. INSU II is
Generali Deutschland has launched a new app called Generali VitalSigns&Care for enabling users to self-monitor vital parameters for getting customised insurance, prevention, and assistance services. Generali Deutschland is
Hippo Enterprises, the high-growth insurtech group that’s transforming home insurance, announced a capital investment of $350 million from Mitsui Sumitomo Insurance Company, Limited, a subsidiary of MS&AD Insurance
British insurer Aviva has signed a deal to divest its entire 80% stake in Italian life insurance company Aviva Vita to its joint venture (JV) partner UBI Banca
Inigo, a recently formed speciality re/insurance holding company, raised $800m from a consortium of investors that include Qatar Investment Authority and Caisse de dépôt et placement du Québec
Hamilton Insurance Group, Ltd. (“Hamilton;” “the Company”) today announced the launch of Ada Capital Management Limited (“Ada Capital”), a Bermuda-regulated insurance agent authorized to underwrite on behalf of
Zurich Insurance Group has confirmed that it is in talks with MetLife regarding a potential acquisition of the latter’s property and casualty (P&C) business in the US. The
Swiss Re said that the normalised combined ratio for its property and casualty reinsurance (P&C Re) unit is expected to improve at 96% or less in 2021. The