Market Analysis

How Will Aon's Acquisition of Griffiths & Armour Impact UK Insurance?
Market Analysis How Will Aon's Acquisition of Griffiths & Armour Impact UK Insurance?

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, 2025
Prudential Takes Major Steps with $11B Reinsurance Deal and New CEO
Market Analysis Prudential Takes Major Steps with $11B Reinsurance Deal and New CEO

Prudential 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, 2025
Highstreet Insurance Acquires Collum Insurance Group to Expand Gulf Presence
Market Analysis Highstreet Insurance Acquires Collum Insurance Group to Expand Gulf Presence

Highstreet 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, 2024
European Insurers Face 2025 Challenges with Resilient Fundamentals
Market Analysis European Insurers Face 2025 Challenges with Resilient Fundamentals

As 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, 2024
Horace Mann Expands to New Jersey With Plymouth Rock Partnership
Market Analysis Horace Mann Expands to New Jersey With Plymouth Rock Partnership

The 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, 2024
Are Commercial Insurance Rates Set to Keep Rising in 2024?
Market Analysis Are Commercial Insurance Rates Set to Keep Rising in 2024?

The 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
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