Bamboo Insurance Files for NYSE IPO, Testing AI-Driven MGU Model
Bamboo Insurance Services has filed to go public on the NYSE under the ticker BMB, putting a capital-light, AI-driven approach to homeowners underwriting in…
Line of Business
Property & Casualty
Munich Re to Acquire Cyber Insurtech At-Bay for $575 Million
Munich Re has agreed to acquire U.S. cyber insurtech At-Bay in a deal valued in the hundreds of millions of dollars, expanding the reinsurer's…
Swiss Insurers’ Annual Profit Jumps 136% as Reinsurers Lead the Rebound
FINMA's Insurance Market Report 2025 shows Swiss insurers' aggregate profit surging 135.8%, powered by a dramatic reinsurance rebound led by Swiss Re, while non-life…
Clearspeed Pegs Personal Lines Fraud Cost at $45.3 Billion
A new Clearspeed-commissioned analysis, authored by company advisor Kim Garland, estimates that fraud and inaccurate information cost U.S. personal auto and homeowners insurers $45.3…
OJK Gives Indonesian Insurers Extra Month to Adjust to New PSAK 117 Accounting Standard
Indonesia's OJK says 120 of 144 insurance and reinsurance companies have met the mid-2026 minimum equity requirement, while guarantee companies lag at 79%. The…
Susep Opens Public Consultation for 2027 Regulatory Plan
Brazil's insurance regulator Susep has opened a public consultation, the Tomada de Subsídios, inviting carriers, brokers, specialists and consumers to submit input for its…
IRDAI Names Girija Subramanian as Whole-Time Member for Distribution
India's insurance regulator has added a new whole-time member overseeing distribution, arriving weeks after the Authority approved sweeping reforms to how intermediaries are registered,…
FSB Publishes Responses on Sound AI Adoption Practices
The Financial Stability Board has published the full set of public comments received on its consultation over sound practices for responsible AI adoption in…
FCA Scale-Up Unit Opens to Solo-Regulated Firms, Insurtech Urban Jungle Joins
The FCA has widened its Scale-up Unit to firms it alone regulates, admitting insurtech Urban Jungle alongside four other companies for the first time.…
Arkansas, DC, Indiana, and Michigan Regain NAIC Accreditation Status
Arkansas, the District of Columbia, Indiana, and Michigan won reaccreditation under the NAIC's Financial Regulation Standards program during the 2026 Summer National Meeting. Here's…