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GIG Bahrain Takaful: Q1 2024 results
Published on May 16, 2024
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World Bank issues $175m parametric cat bond for Mexico’s Pacific hurricane risk
May 16, 2024
Mexico has secured $175 million of additional insurance protection against named storm events occurring on the Pacific side of Mexico via a catastrophe bond transaction facilitated by the World Bank and IBRD.With this bond, the Government of Mexico significantly expands the country’s coverage for Pacific hurricane risk from the recently expired $125 million cat bond.This is the third cat bond the
Cover Genius secures $80m in Series E Funding
May 16, 2024
Cover Genius, an insurtech specialising in embedded protection, announced today the successful completion of its Series E funding round, securing $80 million.Despite the recent slowdown in tech funding, Spark Capital led the round, joined by existing investors Dawn Capital, King River Capital, and G Squared.This funding marks another milestone for Cover Genius following a year of impressive growth