The world’s Richest People in 2026 (the number of billionaires in the world 3.030 individuals) represent almost $16 trln in wealth. The global billionaire population continued to grow in 2026, ...

David Rosewater, a partner at Schulte Roth & Zabel LLP who has worked for activists including Trian Fund Management LP and Elliott Management Corp., has joined Morgan Stanley as a managing director ...

Jones Day said hackers breached the firm and accessed files tied to 10 clients. The cybercrime group Silent claimed responsibility and listed Jones Day on its extortion site. The group has built a ...

Economic losses from natural catastrophes in the EU are rising due to increased economic exposure and the growing severity of climate-related disasters. Between 1981 and 2023, NatCat events caused ...

AI-insurtech Honeycomb Insurance has teamed up with Trisura Insurance Company to expand admitted capacity in 18 U.S. states. The agreement positions Honeycomb for broader market reach while ...

California’s property insurance market shows growing strain as insurers retreat from areas once considered moderate wildfire risk. Thousands of homeowners now rely on the California FAIR Plan for ...

The Office of the Insurance and Safety Fire Commissioner has announced that Georgia drivers are expected to save approximately $17.7 mn in 2026 after Allstate North American Insurance Company filed to ...

Fitch Ratings has shifted its view on the global reinsurance sector, moving the 2026 outlook to deteriorating from neutral. The downgrade signals expectations of softer but still stable operating and ...

Wopta Assicurazioni, an Italian phygital insurtech MGA, closed a €5 mn funding round, bringing total capital raised since 2022 to more than €20 mn and valuing the Italian insurtech at over €100 mn.

California lawmakers introduced legislation designed to standardize how insurers handle wildfire smoke damage claims. The proposal follows major fires that contaminated thousands of homes across the ...

Cyber insurance MGA Cowbell said ransomware attacks rose 45% last year, even as average ransom payments fell sharply. Cowbell’s 2026 claims report shows average ransom payments declined about 44% ...

Akur8, which markets itself as a global actuarial AI platform, has acquired Slope Software, a cloud-native actuarial modeling company serving life insurers and pension firms. The deal expands Akur8 ...