Latest Smartphones, Gadgets and Startups News
Most Brits think the government should not use disappearing messages on WhatsApp, according to data seen by HuffPost UK. WhatsApp – along with other messaging apps like Signal and Telegram – has an optional private feature which automatically deletes messages from a chat after a set period of time which can range from 24 hours…
Credit rating agency AM Best has upgraded the Financial Strength Rating of Patria Re (US), Inc. to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a- “(Excellent) from “bbb+” (Good), and assigned a stable outlook. The ratings reflect Patria US’ balance sheet strength, which AM Best assesses as very strong, as…
Gallagher, a global insurance broking and risk management company, has announced the appointment of Alex Peake as Head of Warranty & Indemnity (W&I), UK & Ireland, within its Private Equity and M&A practice (PEMA). Based in London, Peake will lead the continued growth and development of Gallagher’s W&I offering across the UK and Ireland. He…
By now, many of us have heard the UK government’s advice that we should “be ready” for emergencies and the disruption they cause. As part of its campaign to encourage us all to be prepared for these eventualities, officials recommended keeping stock of 17 items, like three days’ worth of food and water, a torch,…
MS Amlin, the Lloyd’s global specialist re/insurer, has launched an AI-powered wordings tool designed to halve contract review times, helping underwriters deliver faster responses to brokers and provide greater clarity over coverage. Known internally as Wordy Bot, the tool analyses reinsurance contracts against MS Amlin’s underwriting standards, identifying missing clauses, wording differences and potential inconsistencies…
Donald Trump was humiliated this week after Americans resoundingly rejected the Republican Party in the US midterm elections. The US president was not actually on the ballot paper this time around as the electorate were choosing who they want in the House of Representatives and in the Senate. But Trump told voters to pretend that…
Nigel Farage seems to have distanced himself from Donald Trump by accusing the US president of breaking a key promise to American voters. The Reform UK leader, seen as a close supporter and ally to Trump, predicted on Monday that the Republican Party would not get “absolutely smashed” in the midterm elections. But Farage was…
Liberty Mutual Holding Company Inc. and its subsidiaries (collectively, LMHC) reported net income attributable to LMHC of $2.067 billion for the third quarter of 2026, a 7% decrease from $2.223 billion in the same period a year prior. For the quarter, total net written premiums amounted to $10.737 billion, down 2.8% from $11.043 billion in…
US-based Kin, a direct-to-consumer provider of home insurance and home financing services, has indicated that claims arising from Hurricane Isaias are unlikely to require support from its reinsurance arrangements, with early loss experience broadly aligning with catastrophe model projections. The insurer anticipates approximately 1,350 claims from the October hurricane, with the majority originating in Florida’s…
Verisk’s revenues for the first nine months of 2026 rose 4.5% to $2.398 billion, up from $2.294 billion in the same period of 2025. The firm’s adjusted EBITDA for the nine-month period climbed 5.4% to $1.360 billion, compared with $1.291 billion in the first nine months of 2025. Meanwhile, net income for the first nine…