Tesla establishes a brokerage firm in China

Published on August 9, 2024
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QBE de-risks exposure to reserves via $1.6bn transaction with RiverStone & Enstar

August 9, 2024
Australian insurer QBE has entered into a reserve transaction with RiverStone International and Enstar, that will de‑risk its exposure to reserves totalling approximately $1.6 billion, effective July 1st, 2024.The transactions are expected to close during  Q2 2024, subject to regulatory approvals, and include all North America middle-market reserves up to June 30th, 2024.It also includes remaining

HCI Group’s net income climbs to $57.1m in Q2’24

August 9, 2024
Florida-based insurtech HCI Group has posted its results for the second quarter of 2024, which includes a net income of $57.1 million and a pre-tax income of $76 million, a solid increase compared to the prior year’s $14.9 million and $20.2 million figures.Adjusted net income (a non-GAAP measure which excludes net unrealised gains or losses on equity securities) sat at $56.7 million for Q2’24, com