We dive deep into our sectors. Our research drives our insights and thesis-driven approach.

Equal Ventures is a thesis-driven, early-stage venture firm focused on bridging the digital divide. Climate & Energy are among the core focus areas of our firm, and we are excited to add a senior investor to help scale our efforts in this area.

In a report last week, Gallagher Re referred to Jan 1 renewals as a “period of choice..and opportunity for cedants.” Reinsurance capital is at record levels, driven by “strong retained earnings” in reinsurance, growing availability of “alternative”, non-traditional capacity, and “structural” rate adequacy across most lines of business. They conclude that we are entering a market with both “record levels of capital” and a strong “motivation to deploy it.”

As we come to the end of 2025, the Equal team has been having some spirited conversations about what might be ahead in 2026. From AI eating insurance, robotaxi wars, and the lure to advertisers of 6 billion eyeballs tuning in for the World Cup, we’re sharing 26 predictions across Equal’s core sectors of commerce, supply chain, insurance, and climate, and the broader market for 2026!

Search once began with a keyword; this year, it starts with a question. And instead of ten blue links, shoppers will see a generative answer. A single summary that decides who gets seen, who gets discovered, and who disappears entirely.

Alternative capital in reinsurance reached $121B in the year ended June 2025, a record high, and roughly 60% higher compared to a decade earlier. Reinsurance industry ROE was north of 14% last year (and higher in 2023), and for institutional investors, reinsurance can provide attractive, uncorrelated returns. Today, non-traditional capital (i.e., from outside the reinsurance industry) constitutes roughly 15% of total reinsurance capital.