Insurance News

Rising adoption of automation and cloud solutions to bolster growth The global benefits administration service market is projected to grow by $144.7 billion from 2024 to 2028, according to a

Ryan Specialty has signed a definitive agreement to acquire certain assets of Geo Underwriting Europe BV (Geo Europe), a European managing general agent that is part of The Ardonagh Group.

Digging into the factors behind rising 'earnings perils' In its most recent analysis, Moody’s Ratings revealed that its outlook for the global reinsurance sector has shifted to a positive ranking.

Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has signed a definitive agreement to acquire certain assets of the European managing general agent Geo Underwriting Europe BV (Geo

What is the ideal balance between risk and capital? SCOR's recent analysis delves into the optimal solvency ratio for insurance companies, addressing the critical balance between risk and capitalization. The

Strong pricing boosts non-life segments despite reporting challenges Europe's four largest reinsurers reported strong performance in their non-life reinsurance segments in 2023 and the first half of 2024, driven by

Regulator sees a surge in licensing The Cayman Islands Monetary Authority (CIMA) issued 12 new international insurer licenses in the second quarter of 2024, according to the Insurance Managers Association

New head to be based in London QBE Re has announced several appointments to bolster its accident and health (A&H) division. The reinsurer named Henry Brigstocke (pictured above) as its

Seasoned professionals to expand analytics and accounting functions Topsail Re has announced the addition of two new professionals to its team, further strengthening its expertise in analytics and reinsurance accounting.

Key trends in this rapidly expanding sector outlined The global market for hybrid and electric vehicle (EV) insurance is expected to grow at a compound annual growth rate (CAGR) of