PwC has refuted the “false allegations” made in an anonymous letter that surfaced on social media, accusi...
US banks increasingly exit insurance, enticed by big paydays
Surging insurance valuations are enticing US banks to cash out and use the proceeds strategically....
Surging insurance valuations are enticing US banks to cash out and use the proceeds strategically....
Article / 6 months ago
US insurers' investment exposure to failed banks, other regionals under $5B
The US insurance industry has minimal investment exposure to banks that have recently collapsed or been placed under review for a potential ratings downgrades....
The US insurance industry has minimal investment exposure to banks that have recently collapsed or been placed under review for a potential ratings downgrades....
Article / 1 year ago
The Big Picture: 2023 Financial Institutions Industry Outlook
A look ahead to the key strategic trends and opportunities expected to drive U.S. Financial Institutions through 2022 and beyond...
A look ahead to the key strategic trends and opportunities expected to drive U.S. Financial Institutions through 2022 and beyond...
PR / 1 year ago
The Bankruptcy Outlook and a Trifecta of Factors: Global Risk, Inflation, Rising Rates
U.S. corporate bankruptcy filings with over $1 billion in liabilities reached a seven-year low in 2021, and the market saw record-setting M&A levels, making for a rosy and optimistic 2022 outlook...
U.S. corporate bankruptcy filings with over $1 billion in liabilities reached a seven-year low in 2021, and the market saw record-setting M&A levels, making for a rosy and optimistic 2022 outlook...
Article / 2 years ago
Cryptocurrency insurance blows hot and cold amid capacity constraints
While insurance for safer offline cryptocurrency repositories is plentiful, coverage for riskier online wallets remains scarce, according to brokers...
While insurance for safer offline cryptocurrency repositories is plentiful, coverage for riskier online wallets remains scarce, according to brokers...
Article / 2 years ago
Lack of nonfungible token insurance coverage 'inexcusable' as market expands
Nonfungible tokens have grown in popularity in 2021, generating millions in sales, but there is very little insurance for this burgeoning market...
Nonfungible tokens have grown in popularity in 2021, generating millions in sales, but there is very little insurance for this burgeoning market...
Article / 2 years ago
Insurance industry's IPO count, offering totals hit multiyear highs through Q3
Four offerings in the third quarter came from Asia-Pacific, with NobleOak's IPO emerging as the largest offering recorded in the region...
Four offerings in the third quarter came from Asia-Pacific, with NobleOak's IPO emerging as the largest offering recorded in the region...
Article / 2 years ago
PE-backed insurance deals break record in 2021; Blackstone's stock on fire
A roundup of this week's top Private Equity news...
A roundup of this week's top Private Equity news...
Article / 3 years ago
Several US insurers begin to dabble with cryptocurrency investments in Q1
Six U.S. insurance companies initiated new positions within Bitcoin and or Ethereum investment vehicles during the first three months of 2021...
Six U.S. insurance companies initiated new positions within Bitcoin and or Ethereum investment vehicles during the first three months of 2021...
Article / 3 years ago