Quarterly insurtech funding hit $2.44 billion in the second quarter of 2026, with 99.1% of that capital flowing to AI-focused companies, according to Gallagher Re. The post AI Dominates Insurtech Funding in Q2 As Early-Stage Deals Cool Sharply appeared first on Risk & Insurance.
Just a week after revealing a $1.5 billion deal to acquire U.S.-based Safety Insurance Group, Spain’s Mapfre has announced a deal closer to its European roots—taking a 38.9% stake in the Spanish insurtech Tuio. The Tuio stake strengthens Mapfre’s commitment …
A new federal bill would criminalize crash-for-cash schemes that have cost the commercial auto market billions
Fitch Ratings has suggested that re/insurance companies must innovate to balance the potentially conflicting goals of expanding access to affordable natural catastrophe cover without compromising prudent underwriting principles, with the rating agency highlighting solutions such as microinsurance, parametric insurance and insurance-linked securities (ILS) as potential ways to help achieve this. In a new report, Fitch […] The post Reinsurers central to innovation push in nat cat risk transfer: Fitch appeared first on ReinsuranceNe.ws.