Partners

SageSure proud to support carrier partners, CEO McLean says, as its largest cat bond closes – Go Health Pro

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SageSure proud to support carrier partners, CEO McLean says, as its largest cat bond closes – Go Health Pro

Coastal property managing general underwriter SageSure’s CEO said it is “proud to support” its carrier partners, as its largest catastrophe bond transaction yet closes, the $520 million Gateway Re Ltd. (Series 2025-1), while executives also expressed gratitude to the insurance-linked securities (ILS) community for supporting the Gateway Re series.SageSure returned to the catastrophe bond market … Read more

Venture capital firm Insight Partners confirms cyberattack – Go Health Pro

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Venture capital firm Insight Partners confirms cyberattack – Go Health Pro

Venture capital company Insight Partners on Feb. 18 confirmed that the firm experienced a cyber incident caused by an unspecified social-engineering attack.The case raised some eyebrows in the cybersecurity community especially since Insight Partners’ portfolio includes some big names in the security industry such as Abnormal Security, Checkmarx, Cylance, Island, JFrog, Mimecast, Recorded Future, SentinelOne, … Read more

VC giant Insight Partners confirms January cyberattack  – Go Health Pro

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VC giant Insight Partners confirms January cyberattack  – Go Health Pro

U.S.-based venture capital firm Insight Partners has confirmed that hackers breached its systems in January. When reached by TechCrunch, Insight Partners confirmed the cybersecurity incident in a statement published Tuesday. Calcalist first reported the breach earlier in the day. In its statement, Insight Partners said it detected that an “unauthorized third party” had accessed “certain … Read more

Euler ILS Partners raises LA wildfire industry loss estimate to $23bn-$33bn – Go Health Pro

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Euler ILS Partners raises LA wildfire industry loss estimate to bn-bn – Go Health Pro

Euler ILS Partners, the specialist insurance-linked securities (ILS) investment manager, has issued an updated event report for the California wildfires, saying it believes the insurance industry loss may sit between $23 billion to $33 billion.In January, the investment manager released its first event report from the wildfires, where analysts initially estimated that insured losses from … Read more

LA wildfires could stabilise or increase US reinsurance and retro rates: Euler ILS Partners – Go Health Pro

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LA wildfires could stabilise or increase US reinsurance and retro rates: Euler ILS Partners – Go Health Pro

According to independent insurance-linked securities (ILS) investment manager Euler ILS Partners, the Los Angeles, California wildfires could have a significant impact on US pricing, especially if insurance industry losses were to exceed $30 billion.As we’ve been reporting, official reports state that over 17,000 structures have been damaged or destroyed by the wildfires, and the first … Read more