The insurtech industry is drastically transforming the massive $7 trillion insurance domain through the integration of cutting-edge technologies like artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT). These advancements are driving innovative solutions and
As we approach 2025, there is a strong sense of optimism surrounding private markets, fueled by anticipated changes in political and economic environments. Experts foresee more business-friendly policies potentially emanating from the White House, alongside lower interest rates from global central
Tax-exempt interest income investments offer a unique opportunity for investors to grow their wealth while minimizing their tax liabilities. These investments, primarily in the form of municipal bonds and U.S. Treasury securities, provide interest income that is either partially or fully exempt
Phoenix Financial Ltd., an Israel-based financial, insurance, and investment group, has announced an impactful Loss Portfolio Transfer (LPT) reinsurance agreement with Ayalon Insurance Company Ltd. This move represents a significant expansion of Phoenix's Property and Casualty (P&C) insurance
In a significant move for the global insurance industry, the Ardonagh Group has secured a milestone equity investment valued at $14 billion from Stone Point Capital LLC, a prominent US-based private equity firm. This substantial transaction positions Stone Point as a major shareholder in Ardonagh,
American International Group, Inc. (AIG) has completed a significant transaction, selling approximately 120 million shares of Corebridge Financial's common stock to Nippon Life Insurance Company. This resounding deal, valued at $3.8 billion with each share priced at $31.47, reflects AIG's
