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IA Capital Group, a New York-based venture capital investment firm focused on financial technology and insurance technology, has confirmed the first close of its Inter-Atlantic Opportunity Fund I. The investment vehicle, the firm’s 11th fund since its establishment in 2000, has secured QBE Insurance Group as its anchor investor through QBE Ventures, the insurer’s corporate…
Celebrity Traitors finalist King Kenny is playing down the idea that there was anything but plotting and scheming going on between himself and co-star Maya Jama in that iconic turret. Earlier this week, Kenny sat down for an interview on Capital XTRA Breakfast, where presenter Robert Bruce pointed out that, since the finale aired last…
The North Pole’s polar vortex, which starts in winter, had a stronger-than-usual start this year. You might think this more intense weather would leave us colder and snowier than usual. But nope – these incredibly strong winds, which circle high above the Arctic, actually help to trap freezing temps, preventing them from spilling south towards…
HIVE Underwriters, an independent specialty managing general agent (MGA), is strengthening its new property underwriting team with the appointment of Ed Wiley as Class Underwriter – Property Direct & Facultative (D&F). Wiley brings over two decades of industry experience, with extensive technical expertise across international and UK property and a strong track record of managing…
On Friday, 6 November, it became a criminal offence to “possess or publish pornographic images that explicitly and realistically depict” some sex acts in England and Wales. This includes porn depicting: strangulation or suffocation, some sex that is or plausibly appears to be incestuous, or sex acts that include someone pretending to be under 16….
White Mountains Insurance Group, Ltd. has released its third quarter 2026 results for its property and casualty re/insurance segment Ark, which generated gross written premiums (GWP) of $386 million, up approximately 5.5% from $366 million in the same period a year earlier. White Mountains explained that the increase in Ark’s GWP was driven primarily by…
Cher opted for the high road after inadvertently finding herself the subject of conversation during a recent instalment of The Graham Norton Show. Last week, Cher was mentioned during an episode of Graham Norton’s BBC talk show which featured Hollywood legends Michael Douglas and Glenn Close, who previously shared the screen in the 1987 classic…
Willis Re, a specialist international reinsurance broker, has announced the appointments of Kevin Chin and Shinick Kim as the firm continues to expand in Asia. Chin brings more than a decade of experience in the reinsurance industry, working across various Asian markets, with a focus on large global clients. He has deep expertise in designing…
Vantage, the specialty insurance, reinsurance, and partnership capital platform owned by Howard Hughes Holdings, has reported net earned premiums of $315.8 million for Q3 2026. The firm’s income before income taxes was $76.6 million for the quarter, including the impact of purchase accounting. Vantage’s investment portfolio delivered net insurance investment income of $22.7 million and…
Global legacy acquirer RiverStone International has completed a Loss Portfolio Transfer (LPT) transaction with SiriusPoint, its first deal with the company, under which RiverStone assumes a portfolio of legacy reinsurance liabilities with net liabilities of approximately $400 million. RiverStone International noted that the transaction further demonstrates its ability to structure tailored legacy solutions that address…