News

U.S. final expense life insurance new annualized premium increased 16% year over year to $1.05 bn in 2024, according to LIMRA-Life Insurers Council (LIC) Survey Report. The study examines sales data ...
Trucordia, formerly known as PCF Insurance Services, will receive a $1.3 bn investment from Carlyle’s Global Credit platform. The deal, which values the company at $5.7 bn and is expected to close ...
For private businesses, Bloomberg applies comparisons with similar publicly listed companies using enterprise value-to-Ebitda or price-to-earnings ratios. If net debt is unknown, the valuation assumes ...
Source: Beinsure.com by Bloomberg’s data Switzerland’s Top 10 Richest Men. Switzerland, known globally for its financial stability, high living standards, and discretion, is also home to a number of ...
Source: Beinsure.com by Bloomberg’s data French Richest People (2025): Billionaire Elite. Bernard Arnault, chairman and CEO of LVMH, remains France’s wealthiest individual with an estimated net worth ...
The Ranking evaluates data of the top Indonesia’s billionaires according to their estimated net worth, industry affiliation, and ranking position. The list includes richest people from various sectors ...
Swiss Re reported strong first-quarter results in both its property & casualty and life & health reinsurance businesses, despite a slight drop in revenue and continued caution in U.S. casualty lines.
The proportion of U.S. life and annuity reserves ceded to reinsurers reached 56% of all issued reserves since 2019, nearly double the level in 2016. In 2023, 47% of these reserves were ceded offshore, ...
KatRisk, a provider of catastrophe risk modeling software for the insurance and financial sectors, has acquired Gamma, a company based in Dublin specializing in location intelligence and ...
Canadian P&C managing general agent Revau has entered a strategic partnership with Texas-based MGAs Brazos Specialty Risk Insurance and Twenty Mile Insurance Services. The agreement expands Revau’s ...
Louisiana’s House of Representatives passed House Bill 148, which would give the insurance commissioner more authority to reject rate filings considered excessive. The bill defines “excessive” as a ...
MIB, a provider of data-focused services for the life insurance sector, is acquiring Clareto from Munich Re Life US, a subsidiary of Munich Re. Clareto supplies electronic health records for life ...