For private businesses, Bloomberg applies comparisons with similar publicly listed companies using enterprise value-to-Ebitda or price-to-earnings ratios. If net debt is unknown, the valuation assumes ...

Global insurance mergers and acquisitions (M&A) fell to a 16-year low in 2024 due to high interest rates, geopolitical risks, and stricter regulations, according to Clyde & Co’s Insurance Growth ...

Economic losses from natural catastrophes in the EU are rising due to increased economic exposure and the growing severity of climate-related disasters. Between 1981 and 2023, NatCat events caused ...

The insurance-linked securities (ILS) market reached a record $107bn in capacity by the end of 2024. AM Best Director of ILS Matt Tuite attributes this expansion to strong investor returns, rising ...

The European insurance sector’s risks remain stable at medium levels, with some vulnerabilities linked to market volatility and fluctuating real estate prices, according to EIOPA’s Insurance Risk ...

Allianz SE has announced strong financial results for the third quarter of 2024, with a 13.6% increase in operating profit, reaching €3.9 bn. The impressive performance is largely attributed to the ...

Insurtech Sixfold, the insurtech empowering underwriters with a generative AI solution for end-to-end risk analysis, introduced an AI Accuracy Validator to strengthen underwriter confidence in ...

At the midyear 2024 renewals, reinsurance demand saw a significant increase, particularly for higher catastrophe layers, as Florida property insurers sought additional protection due to rising insured ...

Insurers in Central and Eastern Europe and Italy are facing estimated losses of €1.886 bn from Storm Boris, which brought devastating floods to the regions, according to Perils. Storm Boris swept ...

In addition to adopting alternative investment strategies and increasing the use of offshore reinsurers, the U.S. Financial Stability Oversight Council said there has been a shift in the composition ...

Ondo InsurTech has expanded its partnership with Nationwide to roll out LeakBot, a device designed to prevent water damage, across 16 states. Initially launched as a pilot in Ohio, LeakBot is now part ...

WTW has analyzed natural disasters, key lessons, and emerging trends. The assessment will focus on physical and vulnerability factors that contributed to the most significant catastrophes in 2024.