Archive

Prudential Financial seals $4.9bn bulk annuity deal with Shell USA

Deal covers $4.9bn worth of pension obligations

Edward Wilson retires as Global Atlantic's CRO

He has been at the insurer for almost five years and previously worked at Goldman Sachs

Just Group strikes $500m funded reinsurance deal with Warwick Re

Strategies to manage cyber risk diverge among Europe's re/insurers

Despite this, AM Best still expects significant growth in the market

Storebrand's insurance business hit by higher disability and P&C claims

Norwegian group raises prices to restore profitability

US insurers warned of massive losses on fossil fuel investments

State regulators' report highlights the risks of delayed climate transition on portfolios

"It's not an exact science" Hannover Re CEO explains about reserves increase

Increased reserving significantly impacted the firm's 2023 operating result

Prudential Financial promotes Frias to CFO role

Tighter equity capital rules from 2026 will cull Indonesia's insurers, Fitch expects

Higher requirements are being implemented in 2026 and 2028

KKR looks to unlock "huge addressable" insurance market

Global Atlantic acquisition has boosted assets with further growth to come