US Insurers Optimistic, Open to Take More Investment Risk in 2024: Conning January 24, 2024 Most U.S. insurers plan to take on more investment risk in 2024, and said the risks associated with the use...
Alabama Supreme Court Orders Lindberg and Company to Pay $11M Note to Med Firm December 5, 2023 By Insurance Journal Staff Reports The legal and financial troubles for former insurance executive and international businessman Greg Lindberg, now awaiting a second trial on...
Allstate, Allianz X Invest $265M in NEXT Insurance and Partner to Expand Reach November 2, 2023 NEXT Insurance said Allstate and Allianz X have invested $265 million in the digital small business insurer. NEXT and Allstate...
Non-Life Insurers’ Profits to See Boost From Higher Rates September 11, 2023 Non-life insurers are set to significantly improve their profitability in the next few years as investment returns from higher rates...
US Insurers Invested in Fossil Fuels as Climate Risks to Underwriting Mount August 8, 2023 By Isla Binnie U.S.-based insurers have invested hundreds of billions of dollars in fossil fuel-related assets which in turn contribute to the risk...
EU Plans Tough ‘Value for Money’ Rules for Investment Products: Draft Proposals May 9, 2023 By Huw Jones Banks, insurers and asset managers in the European Union would only be allowed to sell funds and other products across...
Life Insurance Sector at Risk if Bond Yields Rise Sharply: IMF October 14, 2021 The life insurance industry is at risk if there is a sharp rise in bond yields, with an extreme situation...
China Regulator Raises Cap on Equity Investments Made by Domestic Insurers to 45% July 20, 2020 China’s banking and insurance regulator said it was raising the cap on how much the country’s insurers can invest in...
Insurers Shift Real Estate Investments from Offices to Warehouses July 17, 2020 By Suzanne Barlyn Global insurers want to increase investments in commercial warehouses as their stakes in office space become riskier because of employees...
Zurich Insurance Plans to Double Allocation to Impact Investments, Earmarking $5B November 27, 2017 By Jan-Henrik Förster Zurich Insurance Group AG plans to more than double its allocation to impact investments, earmarking $5 billion for a broader...