Tiptree Buys Universal Shield Insurance Group for $100 Million Cash
Tiptree will pay $100 million for Universal Shield Insurance Group, redeploying capital freed by its $1.65 billion Fortegra sale into specialty P&C.
Line of Business
Property & Casualty
PicPay Wins Bacen Approval for Kovr, Adding Underwriting to 10M Policies
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Lemonade’s Revenue Jumps 79% to $294.4M as Cession Rate Falls
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Kenya’s IRA Locks Marine Cargo Cover Into KRA’s Customs System
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Telematics Auto Insurance Ban in California Would End Under AB311
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Mapfre to Acquire Safety Insurance for $1.54 Billion in Cash
Mapfre Safety Insurance acquisition: Spain's insurer pays $1.54 billion cash, $105/share, a 44% premium, for the New England P&C carrier Safety.
Chubb’s $1.94B Underwriting Gain Masks a Reinsurance Balancing Act
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Japan’s 2026 Governance Code Puts Insurer Cross-Shareholdings to the Test
Japan's 2026 governance code turns cross-shareholding reviews into a cost-of-capital test, exposing insurers whose reports still cite the 2021 rules.
Japan’s FSA Surveys 17 Institutions on Storm and Flood Risk Practices
Japan's storm and flood risk survey of 17 institutions arrives as insurers post stronger FY2025 results, testing whether profit funds better analytics.