Insurance & Reinsurance

Willis Re Study Reveals Reinsurance Capital up 15% Year-on-Year

Total capital dedicated to the global reinsurance industry measured US$605 billion at year-end 2019, reflecting robust 15% year-on-year growth. This was primarily driven by 2019’s strong investment market performance and was achieved despite a 3% […]

Insurance Brokers

Corona; Govt Business Loan Scheme Could Provide Acquisition Funds

This could be good news for brokers or MGAs, depending on their individual circumstances of course; The UK government has launched the Coronavirus Business Interruption Loan Scheme (CBILS) as it looks to help UK SMEs […]

News

CoronaVirus Hits Pension Assets & Stocks – Liability Deficit Reaches £80bn

Mercer’s Pensions Risk Survey data shows that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies increased from £57bn at the end of January 2020 to £68bn on […]

Global insurance trends

Deals: AIG Sells Fortitude Re to Carlyle Management Fund

Latest news from the Business Wires for you; American International Group, Inc. The Carlyle Group and T&D Holdings, announced that a newly created Carlyle-managed fund, together with T&D, have partnered to acquire from AIG a […]

Insurance Brokers

Broker Update: LV= Adds Eight Ethical Pension Fund Options

More consumers than ever are looking to invest their savings in ethical funds, rather than worry about making as much money as possible. On top of that the EU is planning more regulation for the […]

InsureTech

Insurtech News: Cover Genius Raises $10m in Series B Funding

Cover Genius (https://www.covergenius.com), the global insurtech leader whose insurance distribution platform provides protection for the customers of some of the world’s largest online companies, has raised US$10 million in a Series B funding round. The […]

Insurance & Reinsurance

Willis Re Says More Capital Flowing into Reinsurance Funds

Total capital dedicated to the global reinsurance industry measured USD 559 billion at the half-year point of 2019. This is an 8% increase from a re-stated USD 518 billion at year-end 2018, with strong investment […]