A new report from Bloomberg Intelligence has calculated that large life reinsurers have been hit by US $ 4.4bn worth of claims in 2021 . A spike in mortality rates in Q1 is the root cause of loss , with the US hit hardest and the UK and Canada trailing behind .

wefox makes every employee a shareholder

Europe ’ s biggest and fastest growing insurtech , wefox made every employee a shareholder to thank them for their hard work in the expansion of the company . The move followed a record $ 650m funding round .

12 July 2021