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Allianz Aims to Raise $1.6 Billion for Global Private Credit Fund
Aug 18 2023 // Allianz Global Investors, the insurance company’s money management division, is pushing ahead with plans to raise at least 1.5 billion euros ($1.63 billion) for a new global private credit fund, a spokesperson said,...
Demex Raises $5M to Bolster Its Stop-Loss Reinsurance Solutions for Secondary Perils
Aug 16 2023 // The Demex Group, the Washington, D.C.-based managing general agent (MGA) that offers stop-loss protection for secondary perils, announced it has raised $5 million from a syndicate of existing and new investors, led by Blue...
Embattled Louisiana Law Firm Raised $40M from Florida Hedge Fund, Partner Says
Aug 11 2023 // McClenny Moseley & Associates, the embattled law firm that filed thousands of hurricane-damage lawsuits in Louisiana, raised a total of $40 million from private investors, one of its founding partners said during a...
Investors Double-Down on Cyber Insurtech Resilience With $100M Series D Round
Aug 7 2023 // Investors in cyber risk solution company Resilience have contributed again – $100 million in a series D equity financing round – a testament to the company’s business model and results, its leaders said. With...
Bain Capital Raises $1.15B for Its First Fund Dedicated to Insurance Investments
Jul 19 2023 // Bain Capital has raised $1.15 billion for its first fund dedicated to investing in the insurance industry, as the private equity firm aims to create and invest in companies in the sector, a senior executive told...
Claims Insurtech Tractable AI Raises $65M in Funding Led by SoftBank
Jul 18 2023 // Tractable, the London-based insurtech that uses artificial intelligence (AI) for visual claims assessments and disaster recovery, announced a $65M Series E investment led by SoftBank Vision Fund 2. Existing investors...
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