Travelers Companies, Inc. defied expectations in its first quarter 2025 financial results, defying challenges posed by the tragic January 2025 California wildfires. This article analyzes the company’s performance […]
Ethena Labs Partners with Re to Introduce Real-World Stablecoin Reinsurance
Ethena Labs, renowned for its Ethereum-based synthetic dollar protocol, has forged an exclusive partnership with Re, a leading blockchain reinsurer. This collaboration enables users to stake their tokens […]
Meanwhile Raises $40 Million to Expand Bitcoin Life Insurance
A new funding round of $40 million has propelled Meanwhile’s expansion plans, allowing the company to bring its innovative Bitcoin-based life insurance products to a global audience. The […]
AI Insurtech Ominimo Raises $11 Million, Valued at $220M
Ominimo, a Polish AI-powered insurtech startup, has secured a €10 million funding round led by Zurich Insurance Group. This investment, valuing the company at €200 million ($220 million), […]
EIOPA Proposes Full Capital Reserves for Crypto Holdings in Insurance Sector
The European Insurance and Occupational Pensions Authority (EIOPA) is proposing that insurance companies fully back their crypto investments with capital reserves, a significant shift in regulatory landscape. The […]
EIOPA Mandates 100% Crypto Reserve Requirement for Insurers
The European Insurance and Occupational Pensions Authority (EIOPA) proposes that insurers holding crypto assets must maintain a full 100% capital reserve backing these investments. This recommendation, issued on […]