GeoVera Insurance Holdings, Ltd. has secured its largest catastrophe bond issuance yet, as the Veraison Re Ltd. (Series 2025-1) deal has now been priced to provide the company its upsized $450 million target for earthquake reinsurance protection.As we had reported, GeoVera Insurance Holdings, Ltd returned to the cat bond market with an initial target to … Read more
Prague, Czech Republic, Jan. 15, 2025, CyberNewswire — Quantum computing is set to revolutionize technology, but it also presents a significant security risk for financial institutions. Czech cybersecurity startup Wultra has raised €3 million from Tensor Ventures, Elevator Ventures, and J&T Ventures to accelerate the development of its post-quantum authentication technology, safeguarding banks and fintech … Read more
“Healthcare providers continue to be high-value targets for attackers. This reality, combined with the diversity of medical IoT devices and their inherent vulnerabilities, points to a real need for device security that is purpose-built for healthcare use cases,” said Ed Lee, research director, IoT and Intelligent Edge Security, IDC. Ed Lee “The ability to defend … Read more
In October 2024, Berks Nature established a new conservation easement with Ruth E. Fetterman to protect 102 acres of woodland proximal to the Trout Run reservoir. The conveyance of this easement symbolizes a victory for Earl Township residents who deeply value the rural quality of the landscape – a sentiment echoed by residents across the Oley … Read more
Liberty Mutual has now secured the upsized target of $325 million of fully collateralized reinsurance protection through its new Mystic Re IV Ltd. (Series 2025-1) catastrophe bond, while the insurer benefited from high investor demand and strong cat bond execution to price the deal largely below initial guidance.Liberty Mutual Insurance came back to the cat … Read more
