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Initiative will develop and introduce high return on equity generative AI use cases across the insurance value chain

The $400 million fungible add-on to its existing senior secured first-lien term loan was through a private placement

New programme has been developed in collaboration with Axa Digital Commercial Platform and incubated within Axa Next, an Axa Group innovation unit

The company said it expects to invest approximately $285 million, including primary capital to support Bamboo's growth

The tropical storm made landfall on Antigua and Barbuda early October and passed near BVI causing heavy rains and flooding in both countries

The strategic acquisition adds $19 billion of assets under administration and around 50 new employees to the existing Apex Group platform in the country

Jose Carlos Jiménez Fernández and Rafael Ortiz Losada join Arch Insurance (EU) dac, which provides specialist property and casualty insurance solutions within the EU

GCX provides high-bandwidth connectivity and global managed network services to a range of blue-chip customers

The 2023 Rocket Pitch will be at the Pier Six Waterfront Complex in Hamilton , November 16

The new SVP had senior roles with the Everest Re Group and Validus Holdings