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 ...

“HR in Insurance” explores human resources issues specific to the insurance industry. It covers topics such as talent acquisition, employee development, and retention strategies within insurance ...

Glenn Renwick, the former President, CEO and Chairman of the Board of the Progressive Corporation, has died at age 69 following a car accident in Florida. Renwick was born in Dunedin, New Zealand. He ...

Swiss Re reported strong first-quarter results in both its property & casualty and life & health reinsurance businesses, despite a slight drop in revenue and continued caution in U.S. casualty lines.

Chinese insurtech XChange TEC INC to appeal a Nasdaq delisting notice after failing to maintain the required $35 mn minimum market value of listed securities. The company filed the appeal. This move ...

Alberta lawmakers have passed legislation to introduce a privately operated no-fault auto insurance model, focusing on a “care first” approach, according to the Insurance Bureau of Canada (IBC).

With risk-adjusted rate changes falling and economic conditions unclear, Lloyd’s is pushing its underwriters to stay focused, especially in the expanding delegated business sector, according to Chief ...

Ryan Specialty Holdings announced the acquisition of 360 Degree Underwriting, a managing general underwriter based in Dublin and Galway, Ireland. The company specializes in commercial construction.

Massachusetts Insurance Commissioner Michael Caljouw denied a proposed 7.1% rate increase from the Workers’ Compensation Rating and Inspection Bureau of Massachusetts. He challenged key parts of the ...

MetLife appoints Jane Slusark as chief communications officer. She will manage global communications, covering internal messaging, external relations, and media coordination. She is Global ...

Under the patronage of the Ministry of Health and Seha Virtual Hospital, and in the presence of prominent leaders and experts in healthcare, innovation, and technology from around the world, Bupa ...

A recent study by CLARA Analytics shows that AI tools can flag possible fraud in property and casualty claims just two weeks after filing, much faster than traditional methods. The research reviewed 2 ...