This Week's Top Reads
Fortitude Group Holdings, a wholly owned subsidiary of Fortitude Re, has announced the pricing of a private offering of $750 million aggregate principal amount of 6.25% senior unsecured notes due 2030. The company intends to use the net proceeds f...
Posted: Mar 27, 2025
Posted: Mar 27, 2025
China Re, the country’s state-owned reinsurance company, reported a net profit of RMB 11,080,440 million (USD 1.53bn) for the year ended 31 December 2024, marking a roughly 91% increase from RMB 5,790,593 million (USD 797m) recorded the same perio...
Posted: Mar 28, 2025
MS&AD Insurance Group Holdings Inc. announced it will merge two of its non-life insurance company subsidiaries – Mitsui Sumitomo Insurance Co. Ltd. and Aioi Nissay Dowa Insurance Co. Ltd. The aim of the merger is to build a more robust …
Posted: Mar 28, 2025
Klenk most recently served as CFO for Life Insurance and Annuities at Penn Mutual.
Posted: Mar 28, 2025
Insurtech hyperexponential (hx) has launched a suite of AI-powered capabilities, hx AI, at its first AI event in London. According to the insurtech, hx AI is designed to revolutionise pricing, actuarial and underwriting productivity and decision-m...
Posted: Mar 28, 2025
Following strong returns in 2023 and 2024, return on equity (ROE) has improved for the European reinsurance sector, which has now exceeded cost of equity in three of the last four years, according to Goldman Sachs. Prior to 2023 and 2024, the rein...
Posted: Mar 28, 2025
J.P. Morgan, a financial services firm, recently conducted an in-depth analysis of the potential effects of US tariffs on the insurance industry. Their findings suggest that personal lines insurers, which include companies providing auto and home...
Posted: Mar 27, 2025
U.S. Corporate Profits Surged in Q4 2024 U.S. corporate profits rebounded sharply in the fourth quarter, but an...
Posted: Mar 27, 2025
Westfield Expands Flood Protection Options for Homeowners Property/casualty insurer Westfield is expanding its protection options for U.S. homeowners by offering an inland flood coverage add-on designed to help reduce the insurance gap for those livi...
Posted: Mar 27, 2025
Tips for managing costs and outcomes in a state where expenses can track above the national average. The post
Posted: Mar 31, 2025