Investments

There were more than 30 funding events in the insurtech sector between June 1 and June 30, 2023, according to a review by Digital Insurance.

The Florida Insurance Guaranty Association, which handles the claims of insolvent insurers, plans to borrow $600 million in the municipal bond market.

So far, little is known about how the fire will impact BigCoast's carbon removal capacity or how much carbon has been released.

Grand Rapids, Michigan-based Acrisure is expected to be valued at well over $20 billion in an initial public offering, the people said, asking not to be identified discussing confidential information.

The exuberance surrounding artificial intelligence has driven a lot of capital into a small corner of the market in a very short space of time, and that has implications for tech-heavy ESG funds.

Austin-based Vista bought insurance technology provider Duck Creek Technologies Inc. earlier this year.

New technologies have the capability to provide an analysis of potential exposures.

The soaring number of firms disclosing their workforce demographics is bringing sobering numbers to light and displaying the shortcomings of available statistics.

The political attacks are interfering with insurers' independent efforts to price climate risk, which will harm policyholders, main street investors and local economies, a GFANZ spokesperson told Bloomberg last week. 

Swiss Re said its withdrawal doesn't reflect a lesser commitment to climate policies.