Glenn Renwick, the former President, CEO and Chairman of the Board of the Progressive Corporation, has died at age 69 following a car accident in Florida. Renwick was born in Dunedin, New Zealand. He ...

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 ...

“HR in Insurance” explores human resources issues specific to the insurance industry. It covers topics such as talent acquisition, employee development, and retention strategies within insurance ...

Brian Chappatta is managing editor of Bloomberg News’ wealth group. He was previously team leader of billionaires coverage in the Americas. Before that he was a Bloomberg Opinion markets and finance ...

The top ten richest Australians collectively hold a staggering $202 bn, underscoring the nation’s robust economic sectors. Gina Rinehart ($38.11 bn) retains her position as Australia’s richest ...

This list of the country’s wealthiest individuals spans a broad range of industries—from media and telecoms to technology and retail—offering a glimpse into the sectors driving high net worth in ...

Bernard Arnault, chairman and CEO of LVMH, remains France’s wealthiest individual with an estimated net worth of $172.1 bn as of early 2025. Despite recent market fluctuations and LVMH’s dip behind ...

Chinese insurtech XChange TEC INC to appeal a Nasdaq delisting notice after failing to maintain the required $35 mn minimum market value of listed securities. The company filed the appeal. This move ...

Swiss Re reported strong first-quarter results in both its property & casualty and life & health reinsurance businesses, despite a slight drop in revenue and continued caution in U.S. casualty lines.

With risk-adjusted rate changes falling and economic conditions unclear, Lloyd’s is pushing its underwriters to stay focused, especially in the expanding delegated business sector, according to Chief ...

Ryan Specialty Holdings announced the acquisition of 360 Degree Underwriting, a managing general underwriter based in Dublin and Galway, Ireland. The company specializes in commercial construction.

Massachusetts Insurance Commissioner Michael Caljouw denied a proposed 7.1% rate increase from the Workers’ Compensation Rating and Inspection Bureau of Massachusetts. He challenged key parts of the ...