AIG Chairman & Chief Executive Officer Peter Zaffino said: “AIG began 2024 with very strong momentum in d...
Thailand: General insurers expected to enter period of consolidation
The number of non-life insurance companies in Thailand is projected to be reduced to about 25-30 from the current number of about 50, according to Bangkok Insurance chairman Chai Sophonpanich...
The number of non-life insurance companies in Thailand is projected to be reduced to about 25-30 from the current number of about 50, according to Bangkok Insurance chairman Chai Sophonpanich...
Article / 19 days ago
R&Q flags ‘significant' loss for 2023, agrees Obra sale
R&Q Legacy will book adverse development of ~23% of net reserves for the year....
R&Q Legacy will book adverse development of ~23% of net reserves for the year....
Article / 24 days ago
P&C capital management eclipsed by near-term growth opportunities
P&C buybacks have continued to decline, but large authorizations keep companies flexible....
P&C buybacks have continued to decline, but large authorizations keep companies flexible....
Article / 26 days ago
James River, Global Indemnity deal comes amid evolving E&S market
A proposed merger between excess and surplus specialists James River Group Holdings Ltd. and Global Indemnity Group LLC comes as the US E&S market...
A proposed merger between excess and surplus specialists James River Group Holdings Ltd. and Global Indemnity Group LLC comes as the US E&S market...
Article / 27 days ago
DLG making significant cost cuts after recording operating loss of nearly £200m
'We need to do more to drive performance,' says chief executive Direct Line Group (DLG) has revealed that it saw an operating loss from its ongoing operations...
'We need to do more to drive performance,' says chief executive Direct Line Group (DLG) has revealed that it saw an operating loss from its ongoing operations...
Article / 2 months ago
BRP Q4 revenue up 16%; selling wholesale brokerage platform
BRP Group Inc., the parent company of brokerage Baldwin Risk Partners LLC, on Wednesday reported fourth-quarter 2023 revenue of $284.6 million, up...
BRP Group Inc., the parent company of brokerage Baldwin Risk Partners LLC, on Wednesday reported fourth-quarter 2023 revenue of $284.6 million, up...
Article / 2 months ago
Ryan Specialty targets more M&A in 2024 - Business Insurance
Ryan Specialty Holdings Inc. sees significant acquisition opportunities in the year ahead, including some large deals, the specialty brokerage's top executive said on a call with analysts...
Ryan Specialty Holdings Inc. sees significant acquisition opportunities in the year ahead, including some large deals, the specialty brokerage's top executive said on a call with analysts...
Article / 2 months ago
Merger failed, top talent bailed – how this broker thrived through adversity - Insurance Business America
And why specialization (and slashing costs) has helped...
And why specialization (and slashing costs) has helped...
Article / 3 months ago
CAC revenues up 40% in 2023, with further growth and possible M&A forecast
CAC Group's revenues increased almost 40 percent to $263mn in 2023 as the fast-growing broking business recorded significant expansion across its...
CAC Group's revenues increased almost 40 percent to $263mn in 2023 as the fast-growing broking business recorded significant expansion across its...
Article / 3 months ago
Insider US in full: Too big to sell: AssuredPartners and the challenges for levered brokers
AssuredPartners exemplifies the challenges that levered brokers are facing.
AssuredPartners exemplifies the challenges that levered brokers are facing.
Article / 3 months ago