Latest Smartphones, Gadgets and Startups News
A senior exec at the film studio Lionsgate has confirmed that the wheels are in motion on a sequel to the company’s recent controversial Michael Jackson biopic. Upon its release in April, Michael was met with a lukewarm response from critics, many of whom took issue with the fact that the movie ended in the…
AXA XL, the property and casualty specialty risk division of AXA, has entered into an agreement to acquire the remaining shares of S-RM, a specialist corporate intelligence and cyber security consultancy. Currently, AXA XL holds approximately 49% of S-RM. Subject to customary closing conditions, including the receipt of regulatory approvals, the transaction is expected to…
Munich Re has disclosed that it generated a net result of €2.211 billion in the second quarter of 2026 and €3.925 billion in the first half of the year, supported by very low major-loss expenditure in property-casualty reinsurance and a very strong investment result. The 2026 figures compare with corresponding net results of €2.085bn for…
Credit rating agency AM Best has upgraded the credit ratings of the Fortegra Group, Inc., a wholly owned subsidiary of DB Insurance Co., Ltd. (DBI), who acquired the specialty insurer back in June. AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating (FSR) to A (Excellent) from A-…
I experienced a startling moment when I was working on marketing copy for my most recent novel, The Snowbirds. The story follows empty nesters who head to sunny Palm Springs, California, to escape the harsh Midwestern winter and figure out the rest of their lives. I described my characters as “middle aged” because they are…
American Coastal Insurance Corporation (ACIC), a property and casualty insurance holding company, reported an underlying combined ratio of 68.7% in the second quarter of 2026, compared with 62.2% in the same period a year earlier. The Q2’26 combined ratio comprised a loss ratio of 27.0%, up from 19.8% in Q2’25, and an expense ratio of…
An email blast from President Donald Trump on Wednesday seemingly attempted to guilt his supporters into donating money to him by claiming their “supporter status” had been “cancelled.” The email, which was archived on Politicalemails.org, began with the subject line, “I’ve got a massive headache,” followed by a supposed quote from Trump: “Don’t tell me…
Santam Syndicate 1918, a Lloyd’s syndicate and part of the Santam Group, has announced the appointment of Atang Matebesi as Chief Commercial Officer (CCO). In December 2025, Santam Group received final approval from Lloyd’s for Santam Syndicate 1918 to begin underwriting business from 1 January 2026. Matebesi brings a combination of insurance leadership, corporate finance,…
It sounds unserious to everyone else, but coffee drinkers will know that your morning brew really is that serious. A cup of Joe exactly how you like it can mean the difference between a good and a bad start to the day, and that’s everything. While you might suffer through the office machine coffee at…
Heritage Insurance Holdings, a US super-regional property and casualty insurance holding company, has reported improved underwriting performance and higher earnings for the second quarter of 2026, supported by a lower combined ratio, increased underwriting income and higher net investment income. The company reported a net combined ratio of 64.9% for the second quarter, an improvement…