Russia’s aggression could be harmful to ‘supportive’ outlook for Euro insurers
Russia’s invasion of Ukraine has added uncertainty to what was otherwise a supportive interest rate outlook for insurers in Europe, says DBRS Morningstar in a new note.
Betterment acquires rival WealthSimple’s US business
Digital wealth platform Betterment has acquired the US book of rival Canadian robo advisor WealthSimple.
CPS & UACC enhance financial flexibility
Consumer Portfolio Services (CPS) and United Auto Credit Corp. (UACC) each made moves to shore up their flexibility to book more paper. Beginning with CPS, the company announced that it renewed its two-year revolving credit agreement with Citibank, N.A., and … [Read More]
Howden acquires TigerRisk, creating “much-needed” fourth global reinsurance broker
Howden Group Holdings is set to enhance the scale and depth of its reinsurance and capital markets offering with the acquisition of broker, TigerRisk Partners.
Chinese insurer Ping Ans profits plunge due to coronavirus
Coronavirus, Financial Results, P/C Insurers
Axa XL launches Canadian captive practice, names leader
Alternative Risk Transfer/Captives, Catastrophes, Excess and Surplus Lines, P/C Insurers, Reinsurance Bermuda, Canada, United Kingdom Axa, XL Catlin
Automakers eye EV CPO programs
As EVs make up a larger share of new-vehicle sales, leading to more in the used-car market, automakers are considering…
Interest in active assailant insurance increases as deadly shootings rise
Emerging Risks, P/C Insurers, Risk Management, Terrorism Axa, Willis Towers Watson
Ryan Specialty Group, All Risks agree to merge
Agents and Brokers, Excess and Surplus Lines, Mergers and Acquisitions, P/C Insurers
2023 US Insurance Awards: Alliant, Diversity & Inclusion Initiative of the Year
Agents and Brokers, Current Issue Alliant Insurance
EEOC exceeded authority in nationwide probe of manufacturer
Coverage Disputes, Disability, Regulation
Zopa raises £68 million in equity funding
The funding will support growth ahead of the launch of Zopa’s flagship current account and GenAI proposition in 2025.