On January 1, 2025, Aon, a prominent global insurance and reinsurance broking group, successfully completed the acquisition of Griffiths & Armour, a distinguished UK insurance broker. This strategic move aims to broaden Aon's regional footprint in the UK and Ireland, allowing both entities
January 7, 2025Prudential Financial Inc. has set a new course for its future with a strategic reinsurance transaction and a decisive leadership transition, actions designed to enhance the company’s growth trajectory and capitalize on capital efficiency. The company recently inked a substantial reinsurance deal w
January 3, 2025Highstreet Insurance Partners has recently announced the acquisition of Collum Insurance Group, LLC, a well-established personal lines insurance company based in Richardson, Texas. This strategic move is set to significantly enhance Highstreet’s presence in the Gulf Region, managed under the l
December 26, 2024As European insurers brace for a challenging year ahead, they must navigate a complex landscape marked by falling yields, moderating premium rates, and rising geopolitical risks. Despite these hurdles, the sector's core financial health remains robust, positioning it well to maintain stability
December 24, 2024The recent announcement from Horace Mann Educators Corporation introduces a new chapter of strategic growth as the company extends its financial and insurance services to the state of New Jersey, marking a significant milestone in its mission to serve the educational community. With prior
December 16, 2024The commercial insurance market in the United States has been experiencing a steady increase in rates, a trend that has persisted since the end of the COVID-19 pandemic. According to Willis Towers Watson's (WTW) Commercial Lines Insurance Pricing Survey (CLIPS), the overall average price
December 13, 2024