AGP Executive Report
Last update: 6 hours agoInsurance M&A: Samsung Fire is reportedly weighing a $2.2 billion deal for the remaining 60% of Canopius, which would raise its stake to about 80% and expand its specialty insurance business. Insurtech Funding: UAE-based Soter Insure added investment from Standard Chartered’s SC Ventures and Japan’s SBI Group to its Series B, funding expansion and greater underwriting capacity. Climate Claims: Activa International Insurance Ghana has paid more than GH¢4.7 million in flood claims this year, even as only 30% of fire and motor policies reportedly include flood protection. Market Trends: Romania’s insurance market grew 15% in the first quarter, while employers surveyed by Brown & Brown expect health benefit costs to rise 10% annually in 2026 and 2027, prompting tougher coverage and cost decisions.
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