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US PE-insurer growth continues
17 August 2023NAIC identifies 137 companies making up 6.5% of total insurance assets
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Aviva's bulk annuity sales rise 30% in H1
16 August 2023However, equity release sales fell due to the rising interest rate environment
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Admiral warns on claims inflation, but predicts stabilisation ahead
16 August 2023CEO Milena Mondini de Focatiis said key drivers behind increased claims inflation are starting to flatten
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KCC estimates Lahaina wildfire insured losses at $3.2bn
16 August 2023Moody's Investors Service previously predicted at least $1bn of insured losses
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NAIC plans data call to combat US insurance crisis
16 August 2023Severe weather events are top of mind for consumers, says the association's president
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Florida's insurance reforms are helping market to grow, regulator says
16 August 2023OIR approves second new insurer following recent withdrawals
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Legal & General completed £4.9bn of PRT deals in H1
15 August 2023The insurer has already written over £2bn of PRT business in H2, and eyes further opportunities
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Insured losses from Maui wildfires to total at least $1bn
15 August 2023Moody's Investors Services said the losses will primarily affect P&C insurers
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Vesttoo starts Chapter 11 bankruptcy proceedings
15 August 2023Firm says move will give it breathing room to pursue legal actions
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Insurance sector takes a reputational hit from Vesttoo crisis
14 August 2023Rating agency KBRA emphasises the importance of ERM for the fronting industry