For private businesses, Bloomberg applies comparisons with similar publicly listed companies using enterprise value-to-Ebitda or price-to-earnings ratios. If net debt is unknown, the valuation assumes ...

As the number of connected vehicles grows, so too will in-vehicle services and products, including insurance. As the world is gearing up for a shift to allow environment-friendly electric vehicles to ...

Omnix Medical, a Jerusalem biotech working on anti-infective drugs, closed a $25 mn Series C funding round co-led by Harel Insurance & Finance and the European Innovation Council (EIC) Fund. Existing ...

US auto insurers are racing to increase premium rates as they seek to offset historically poor underwriting results. The year-to-date nationwide average increase for private auto insurance is 30% in ...

State Farm Insurance Co. is under fire in federal court over claims it denied or canceled policies using what the plaintiffs call “cheat-and-defeat AI algorithms.” The lawsuit, filed in the U.S.

Global marine insurance premiums totalled $35.8 bn an 8.3%. The post-pandemic rebound in trade, increased asset values, reduced market capacity and an adjustment in premiums were all likely to have ...

Norwegian’s startup and venture capital landscape in 2025 reflects both resilience and transformation, driven by global capital flows and the country’s strong tradition of innovation. Norway has more ...

South Korea’s startup and venture capital ecosystem in 2025 shows a sharp maturation, with nearly 30 unicorns spanning fintech, mobility, e-commerce, gaming, and digital services. South Korea has more ...

Roamly has launched an AI-driven Carshare insurance platform aimed at tackling one of the toughest challenges in shared mobility: cost-effective, flexible coverage for rental and rideshare fleets.

Coalition, the cyber insurance specialist known for its “Active Insurance” model, has entered the French market with the launch of its Active Cyber Insurance product. The cyber coverage will be ...

InsurTech unicorn describes startups that are valued at more than $1 bn. Global InsurTech funding stabilizes and is expected to reach $4.2 bn by the end of 2024 after insurtech funding fell to $1 bn ...

Mike Merlo is the Chief Claims Officer for the United States and Bermuda at Aon, operating out of Chicago. With over two decades at Aon, his career reflects deep expertise in both legal and claims ...