Company News

Martello Re Limited, an asset-intensive reinsurer, has successfully closed a second round of equity funding, raising $935m from both existing and new shareholders.

Carbon Underwriting Limited, a specialist and independent managing general underwriter, announces the launch of its second syndicate, Syndicate 5757, following approval from Lloyd’s.

The Microinsurance Network (MiN), a non-profit association, has announced the appointment of Matthew Genazzini as its new executive director, effective 1 October 2024. Genazzini, a...

The European Central Bank (ECB)’s climate-related supervision has already led to an improvement in banks’ risk exposure and management, and increased capital allocation towards green finance, according to researchers at the central bank.

The Financial Reporting Council (FRC) has implemented significant changes to the UK Stewardship Code, aimed at simplifying the reporting process for signatories. According to...

London-based InsurTech, Wrisk, has announced a 219% year-on-year revenue growth in H1 2024.

HSBC has announced the creation of the HSBC Infrastructure Finance (HIF), a new division focusing on climate-aligned infrastructure and project financing. According to ESG News,...

pKYC, or proactive Know Your Customer, is an innovative approach that initiates real-time reviews as changes in a client's KYC profile are detected.

While the impact of last week's CrowdStrike outage is yet to be fully understood, it serves as an opportunity for C-suite and other business decision-makers to think through technology dependencies and the steps necessary to respond to this outage – as well as to mitigate related risks in future.

iDenfy, a Lithuania-based software provider, specializes in identity verification and fraud prevention. Established with a commitment to technological innovation, iDenfy recently announced its new...