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News
"There's a log jam": Why global M&A’s biggest buyers could be pulling back
2+ day, 11+ hour ago (513+ words) OPTIS Partners recorded 695 North American agent and broker transactions in 2025, down 12% from 2024 and 24% below the previous five-year average. Private equity-backed brokers completed 10% fewer acquisitions, while activity among publicly traded brokers dropped 27%. The number of identifiable buyers also fell for a…...
"There's a log jam": Why global brokerage M&A’s biggest buyers might be pulling back
2+ day, 16+ hour ago (513+ words) OPTIS Partners recorded 695 North American agent and broker transactions in 2025, down 12% from 2024 and 24% below the previous five-year average. Private equity-backed brokers completed 10% fewer acquisitions, while activity among publicly traded brokers dropped 27%. The number of identifiable buyers also fell for a…...
Large commercial accounts see first price drop since 2017, WTW finds
2+ day, 22+ hour ago (355+ words) Large commercial accounts posted their first price decrease since the end of 2017 in the second quarter of 2026, according to WTW's Commercial Lines Insurance Pricing Survey (CLIPS), as an eight-year run of sustained rate increases continued to unwind across the commercial…...
Old Mutual???s new-business growth masks mixed trends
2+ day, 23+ hour ago (1601+ words) Old Mutual’s Life annual premium equivalent sales increased by 21% in the first half of 2026, driven by large corporate risk sales and higher sales of living annuities and endowments. Life APE sales, a standardised measure of the volume of new life…...
Cash settlement pricing is the problem, not cash settlements
5+ day, 14+ hour ago (487+ words) Meyer's account of what happens on the ground complicates the assumption that the volume figure is itself the problem. "We certainly haven't had any problematic outcomes from cash settlements," she said. Meyer said a proportion of her clients arrive at…...
Another rate hike, just for insurance: Five questions for the ECB
6+ day, 4+ hour ago (687+ words) By Dhara Ranasinghe and Stefano Rebaudo LONDON, Sept 7 (Reuters) - The European Central Bank is widely expected to hike interest rates on Thursday, erring on the side of caution as the U.S.-Iran war drags on, keeping oil prices high and raising…...
Aamra Networks shares crash 10.6% on negligible 1-paisa payout
6+ day, 13+ hour ago (375+ words) Monday September 07, 2026 Shares of Aamra Networks Limited plummeted by 10.60% today (6 September), hitting a multi-year low after the company recommended a nominal 1-paisa dividend for its general shareholders for the fiscal year ended 30 June 2025. The sharp decline in the stock price…...
DSEX edges up as bargain hunting offsets energy crisis jitters
1+ week, 14+ hour ago (456+ words) The country's premier bourse ended a volatile week with marginal gains as a mid-week surge in bargain hunting successfully offset heavy selling pressure seen in the early sessions. The benchmark DSEX index of the Dhaka Stock Exchange (DSE) inched up…...
CIC Insurance H1 Profit Surges 70% on Investment Gains
1+ week, 4+ day ago (777+ words) Profit before tax increased 30.2% to KSh1.56 billion, while insurance revenue expanded 17.8% to KSh16.34 billion from KSh13.87 billion. Investment returns provided one of the biggest earnings boosts, climbing about 44% to KSh3.96 billion from KSh2.75 billion. Investment performance was central to CIC’s stronger first-half result. Returns climbed…...
CIC Insurance Profit Jumps 70 Percent on Heavy Investment Gains
1+ week, 4+ day ago (454+ words) CIC Insurance Group has reported a 70.3 percent increase in its half-year net profit to KES 1.09 billion, driven by massive investment returns. CIC Insurance Group has posted a 70.3 percent surge in its half-year net profit to KES 1.09 billion, driven by aggressive…...