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Cyberwrite Wins Samsung Financial C-Lab Outside 2025 Global Innovation Competition

October 30, 2025

SEOUL, South Korea& NEW YORK—- Cybersecurity firm Cyberwrite, backed by Markd VC, has won the prestigious Samsung Financial C-Lab Outside 2025 Global Innovation Competition. Cyberwrite was also honored to win the Popular Vote Award in the Samsung final ceremony in Seoul on Oct 29th, out of 16 finalist companies, recognizing Cyberwrite’s innovative approach to…

Arch Global Services India Opens New Office in Trivandrum to Drive Innovation

October 30, 2025

Home to nearly 350 employees, the 26,000- square-foot space- with the potential to expand by an additional 17,000 square feet- reinforces Arch Global Services India's commitment to establishing a long-term presence in India. Arch Global Services India is a wholly owned subsidiary of Arch Capital Group Ltd., a global provider of insurance, reinsurance and…

Lincoln Financial Reports 2025 Third Quarter Results

October 30, 2025

Lincoln Financial today reported financial results for the third quarter ended September 30, 2025. Strong financial performance in the quarter demonstrates broadening of momentum and balanced growth across all business segments. Third quarter net income available to common stockholders was $411 million, or $2.12 per diluted share. Third quarter…

Arch Global Services India Opens New Office in Trivandrum to Drive Innovation

October 30, 2025

New Location, Combined with Recent Hyderabad Opening, Reinforces Arch’ s Commitment to Becoming a Meaningful Employer in India. TRIVANDRUM, India—- Arch Global Services India today announced the grand opening of its new office in Trivandrum’ s Technopark. This office opening— in addition to the recent opening of a technology-focused office in Hyderabad— is part…

Axonic Insurance Secures a $210 Million Preferred Equity Investment from LuminArx and Deutsche Bank

October 29, 2025

Axonic Insurance, a global annuity and insurance platform, today announced a $210 million preferred equity investment led by LuminArx Capital Management, a global capital solutions provider, with participation from Deutsche Bank. Axonic Insurance is an innovative insurance platform that designs, distributes, issues, and manages annuity and related…

Trademark Application for “VERISK” Filed by Insurance Services Office, Inc.: Insurance Services Office Inc.

October 29, 2025

2025 OCT 29– By a News Reporter-Staff News Editor at Health Policy and Law Daily– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ VERISK” by Michael R. Friscia McCarter& English, LLP, representing Insurance Services Office, Inc. This application was made available to the public on…

AM Best Assigns Credit Ratings to Sabal Specialty Insurance Company, Inc.

October 29, 2025

AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to Sabal Specialty Insurance Company, Inc.. Sabal Specialty, formed in 2024, is a specialty insurer focused on the U.S. excess and surplus lines market. The company is expected to underwrite business in specialty property, professional liability and other specialty…

Starr Announces Acquisition of IQUW Group

October 29, 2025

NEW YORK& LONDON—- Starr, a global investment and insurance organization, today announced that it has entered into a definitive agreement to acquire IQUW Group. The acquisition of IQUW Group will expand the classes of business that Starr underwrites and will position the combined company for growth across a broader range of global market segments.

AM Best Withdraws Credit Ratings of Town & Country Life Insurance Company

October 28, 2025

AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of Town& Country Life Insurance Company. The outlook of these Credit Ratings is stable. Concurrently, AM Best has withdrawn the ratings as the company has requested to no longer participate in AM Best’ s interactive rating process.

AM Best Upgrades Credit Ratings of Work First Casualty Company

October 28, 2025

AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a” from“ a-” of Work First Casualty Company. The outlook of these Credit Ratings has been revised to stable from positive. The company is licensed in all 50 states and operates through long-term agency partnerships throughout the United States.

Datavault AI Offers a Way For Professionals to Turn Data Into a Paycheck (NASDAQ: DVLT)

October 28, 2025

Very few know what to do with it. Datavault AI just flipped that equation with something bold, simple, and potentially industry-defining: two new Data Unions that let insurance agents and accounting firms turn the information they already generate into recurring revenue– not for Big Tech, but for the people where the data originates. Companies like Meta, Google,…

Datavault AI Offers a Way For Professionals to Turn Data Into a Paycheck (NASDAQ: DVLT)

October 28, 2025

Very few know what to do with it. Datavault AI just flipped that equation with something bold, simple, and potentially industry-defining: two new Data Unions that let insurance agents and accounting firms turn the information they already generate into recurring revenue– not for Big Tech, but for the people where the data originates. Companies like Meta, Google,…

Arch Global Services India Opens Technology Hub in Hyderabad to Accelerate Innovation

October 28, 2025

Arch Global Services India, a wholly-owned subsidiary of Arch Capital Group Ltd.— a global provider of insurance, reinsurance and mortgage insurance and member of the S&P 500— today announced the grand opening of its new office in Hyderabad. “Hyderabad is globally recognized for its deep pool of IT professionals and vibrant tech ecosystem,” said Prashant Nema,…

Everest Secures $1.2 Billion Adverse Development Cover

October 28, 2025

Everest Group, Ltd., a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced it has entered into an adverse development reinsurance agreement, effective October 1, 2025, supported by Longtail Re, an affiliate of Stone Ridge Holdings Group. The cover is composed of two…

Best’s Market Segment Report: Credit Fundamentals in Canada’s Property/Casualty Sector Remained Stable in 2024, Despite Record Catastrophe Year

October 28, 2025

However, Canada’ s insurers continue to navigate significant challenges, including persistent climate-related risks, challenges in the personal auto sector, partly from rising accident frequency, in addition to economic volatility.“ These pressures are testing the industry’ s resilience and demand continual refinement of underwriting strategies and…

IGI Appoints Malcolm Barnes as Head of Specialty Treaty

October 28, 2025

Malcolm, who has more than 35 years’ experience in the London market, joins IGI from Amlin Syndicate 2001. “We are excited to bring Malcolm on board as part of our reinsurance team,” said IGI Chief Underwriting Officer Mr. Chris Jarvis.“ He comes with significant underwriting experience and will be a strong fit as IGI continues to build its treaty reinsurance…

EDITORIAL: Will. no hurricanes mean insurance bargains?

October 28, 2025

Keep your fingers crossed but it looks like no hurricane or tropical storm will pay Florida a visit this year. Florida's homeowners insurance has been a topic of debate and frustration for years. The Legislature passed some laws in 2022 it believed would help ease the dilemma.

An Application for the Trademark “MARSH” Has Been Filed by Marsh & McLennan Companies, Inc.: Marsh & McLennan Companies Inc.

October 28, 2025

2025 OCT 24– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ MARSH” by Julia K. Sutherland Seyfarth Shaw LLP, representing Marsh& McLennan Companies, Inc. This application was made available to the public on October 13, 2025.

AM Best Affirms Credit Ratings of Compañía Reaseguradora del Ecuador S.A.

October 28, 2025

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Compañía Reaseguradora del Ecuador S.A.. Ecua Re was established in 1977 and is the only domestic reinsurer operating in Ecuador. The company benefits from recent regulatory changes in Ecuador allowing primary insurers to cede personal lines business,…

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