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Anthropic IPO puts AI liability risks for insurers under scrutiny: Morningstar DBRS

Anthropic, the US artificial intelligence company that develops the Claude family of AI models, has officially filed its Form S-1 registration statement with the US Securities and Exchange Commission (SEC), paving the way for a potential stock market listing as soon as mid-November. The planned initial public offering (IPO) has brought renewed attention to the…

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Brown & Brown sees 9M’26 revenue hit $5.3bn

Brown & Brown has disclosed revenue of $5.3 billion for the nine months ended September 30, 2026, up 23.4% from the same period last year. Meanwhile, the firm’s income before tax rose 17.6% to $1.24 billion for the period, while adjusted earnings before interest, taxes, depreciation, amortisation and change in estimated acquisition earn-out payables (EBITDAC)…

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Guidewire agrees $1.7bn deal for AI underwriting and pricing software firm hyperexponential

Guidewire has entered into a definitive agreement to acquire hyperexponential (hx) for a base purchase price of $1.7 billion in cash, subject to adjustments. The deal also includes up to an additional $400 million in contingent consideration based on the achievement of specified recurring revenue targets, Guidewire explained. London-based hx provides an agentic platform for…

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A challenge for APAC insurers is how to deploy reinsurance most effectively: Gallagher Re

The Asia Pacific reinsurance market remains firmly in buyers’ favour, with a key challenge for insurers being not whether capacity is available in the competitive landscape, but how to deploy reinsurance most effectively, according to global reinsurance broker Gallagher Re. In its 2026 Asia Pacific Market Watch report, Gallagher Re explained that ample capacity, strong…

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Ardonagh rebrands MGA operations as Orvia Underwriting, unifying $3bn in GWP

The Ardonagh Group, a large independent insurance distribution platform, has announced it will adopt the Orvia Underwriting brand across its suite of leading managing general agent (MGA) businesses. The unified platform brings together more than $3 billion in gross written premium (GWP) and triggers a number of executive appointments designed to drive and accelerate the…

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