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News
Michael Dell’s Investment Firm Nears Deal to Take Baldwin Insurance Group Private
15+ hour, 6+ min ago (1092+ words) A major insurance broker could soon leave public markets, as negotiations advance around a deal that may reward shareholders. DFO Management, the investment firm of Dell Technologies CEO Michael Dell, is nearing a deal to take Baldwin Insurance Group private,…...
bolttech names new chief for Asia-Pacific
17+ hour, 43+ min ago (182+ words) She previously managed Indonesia, Malaysia and Vietnam. Global insurtech firm bolttech has announced executive leadership appointments across its Asia-Pacific and North America divisions to support its next stage of expansion. Emma Butler has been appointed CEO for the APAC region…...
Ivans Index flashes ever-faster slowdown in US commercial insurance
5+ day, 8+ min ago (122+ words) Intelligent Insurer - Ivans Index flashes ever-faster slowdown in US commercial insurance US commercial insurance price growth came down in August at a pace not seen since January, with all five of the major lines still enjoying growth declining at roughly…...
Government to court international insurance firms to tackle high costs for businesses
5+ day, 7+ hour ago (55+ words) Business Post Government to court international insurance firms to tackle high costs for businesses LIV Golf files for bankruptcy protection as Saudi investors flee Amazon starts selling sterling bonds as AI boom grows Dublin Airport operating full schedule after UK…...
3 Insurers to Watch as Competition in Personal Auto Intensifies — TradingView News
6+ day, 58+ min ago (731+ words) Competition in the U.S. personal auto insurance market is increasing as the industry shifts from a period of rapid rate increases to one in which insurers are competing more aggressively for profitable customers. After several years of elevated claims inflation, insurers…...
Kuwait broker deal exposes shrinking space for GCC independent
5+ day, 20+ hour ago (621+ words) An acquisition in Kuwait by a Gallagher-affiliated regional group reflects a pattern that is reshaping who controls insurance distribution across Gulf markets – and what it means to operate independently. ACE Gallagher Holding announced on September 7 the acquisition of United Partners…...
Hong Kong’s insurance boom is facing a financing test
6+ day, 13+ hour ago (748+ words) The Monetary Authority requires clearer explanations of financing works, risk disclosure, loan tenors, and repayment terms. For insurers and advisers, these trends are closely connected. As more wealthy families use Hong Kong to structure and manage intergenerational wealth, demand is…...
Don???t cut costs, make every rupee work harder: SBI General CFO Jitendra Attra
1+ week, 7+ hour ago (47+ words) Don’t cut costs, make every rupee work harder: SBI General CFO Jitendra Attra cfo.economictimes.indiatimes.com Cost cutting alone cannot create a successful business, with CFOs instead needing to focus on whether every rupee spent improves productivity and delivers…...
Brown & Brown makes its first Scottish acquisition - and signals where UK expansion is heading
1+ week, 5+ hour ago (198+ words) Brown & Brown (Europe) has acquired Alan R MacKay & Company Limited, trading as MacKay Corporate Insurance Brokers - the firm's first retail acquisition in Scotland. It is a direct response to the geographical gaps Carolyn Callan, chief executive officer of Brown & Brown…...
China to pump $54 billion into state banks, insurers
1+ week, 19+ hour ago (291+ words) The Times of India BEIJING: China's finance ministry will lead a combined $54 billion in capital injections into state-owned insurers and banks, the companies said on Sunday, in a coordinated push by Beijing to shore up capital across its financial system....