The reinsurance market is poised for a period of strong financial performance through 2026, driven by a combination of factors that have reshaped the industry landscape. Despite facing significant challenges in recent years, reinsurers are expected to maintain robust returns, with a projected
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 to
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
The insurtech industry is rapidly transforming the traditional insurance landscape by integrating advanced technological innovations. This sector leverages technologies such as artificial intelligence (AI), machine learning, blockchain, and the Internet of Things (IoT) to enhance efficiency, reduce
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
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 and
