10+ hour, 26+ min ago   (215+ words) Mosaic Insurance is expanding its North American financial institutions and professional liability business with new products and several hires. The insurer introduced a primary miscellaneous professional liability policy and a primary asset manager policy combining directors and officers, professional liability,…...

1+ day, 1+ hour ago   (108+ words) Hagerty Holding Corp. is selling 9.25 million Hagerty shares at $11.95 each in an upsized secondary offering valued at approximately $110.5 million. The underwriters have a 30-day option to purchase an additional 1.39 million shares, potentially increasing the offering to about $127.1 million. Hagerty will…...

2+ week, 5+ day ago   (70+ words) Obie, a provider of insurance solutions for landlords and real estate investors, announced a new collaboration with rental management software provider RentSpree. As part of the partnership, RentSpree users will be able to access Obie’s landlord insurance experience directly within…...

2+ week, 5+ day ago   (178+ words) Sun Life Financial and Wilton Re have entered into a definitive agreement to establish a strategic reinsurance and asset management partnership. This partnership will combine Wilton Re’s liability management expertise with Sun Life’s insurance and asset management capabilities. The new…...

2+ week, 5+ day ago   (150+ words) Chubb has partnered with BBVA to offer fully digital travel insurance to the bank’s customers in Germany. Customers can purchase customizable coverage for individuals, couples and families through an end-to-end digital journey, from quote to purchase. BBVA also offers travel-related…...

2+ week, 6+ day ago   (176+ words) Australian insurance broker Steadfast Group has agreed to a $5.5 billion buyout by a consortium backed by investment firm KKR. Under the deal, specialty insurance distributor Amwins Group will acquire Steadfast’s underwriting agency business, while Dragoneer Investment Group will take control…...

3+ week, 3+ day ago   (119+ words) Aegon CFO Duncan Russell will step down and leave the company in April 2027 as the insurer prepares to move its head office and legal seat to the United States. Aegon has begun searching for Russell’s successor. Russell joined Aegon as…...

3+ week, 3+ day ago   (179+ words) Standard Life announced a strategic partnership with CVC Capital, Prudential Financial, Goldman Sachs, MS&AD, and other long-term institutional investors to expand its Pension Risk Transfer business to support schemes across a broader range of sizes, including the largest and…...

3+ week, 4+ day ago   (120+ words) Progressive released its financial results for July, ending the month with a combined ratio of 86.8% and net income of ~$961 million. Year-to-date, Progressive’s net income stands at $7.1 billion and combined ratio sits at 86.9%. The insurer had ~40.3 million policies at the end…...

3+ week, 4+ day ago   (134+ words) Munich Re has agreed to acquire cyber insurance startup At-Bay at an enterprise value of $575 million, with the transaction expected to close in the first quarter of 2027. At-Bay will be overseen by Munich Re’s HSB unit, which has supported the…...