INSURASALES

Tag: Financial Services

Westfield Sells Banking Unit to Focus on Core P&C Insurance and Specialty Growth

Westfield sells Westfield Bancorp to First Financial Bancorp for $325M, focusing on expanding its core P&C and specialty insurance businesses. Regulatory approval expected by Q4 2025.

Global Financial Services Market to Reach $47 Trillion by 2029 with 7.2% CAGR

The global financial services market is projected to grow to $47.35 trillion by 2029, driven by blockchain adoption, AI integration, and rising wealth management demand.

Integrity Partners with Elite Quality Insurance to Advance Service in Underserved U.S. Markets

Integrity partners with Elite Quality Insurance Group to enhance service delivery and expand reach in underserved communities through advanced technology and strategic collaboration.

Coventry Leads 2024 Life Settlement Market with $1.4B in Policies Purchased

Coventry tops the 2024 U.S. life settlement market by purchasing over 1,300 policies worth $1.4 billion, introducing Enhanced Cash ValueSM to expand policyowner options.

National Farm Life Insurance Co. Appoints New Directors to Enhance Strategic Growth

National Farm Life Insurance Co. strengthens its board with experts from healthcare, education, and agriculture to support sustainable growth and community-focused insurance services in Texas.

Hartford Insurance Group Declares Quarterly Dividend Amid Steady Market Valuation

Hartford Insurance Group (NYSE:HIG) declared a $0.52 quarterly dividend, reflecting steady performance with a 1.58% yield and diversified insurance operations across Commercial and Personal Lines.

Insurance Firms Strengthen Leadership Amid Market Transformation

Key executive appointments at Everest Group, Patriot Growth, Trucordia, Mutual of America, and Roots reflect strategic leadership strengthening and AI integration in the evolving U.S. insurance market.

F&G Annuities & Life CEO Boosts Stake Amid Industry-Competitive Valuation

F&G Annuities & Life CEO Christopher Blunt increases his shareholding, reflecting a notable insider buying trend amid competitive valuation metrics. F&G specializes in annuity and life insurance solutions with a market cap of $4.365B.

Institutional Investors Adjust Stakes in Ambac Financial Group Amid Mixed Earnings

Ambac Financial Group sees varied institutional investor activity with recent stake adjustments amid mixed quarterly earnings results. The specialty insurance firm's financial metrics highlight market and operational challenges.

The Standard Enhances Enhanced Choice Index Plus Fixed Index Annuity

The Standard expands its Enhanced Choice Index Plus annuity with new guarantees and innovative crediting strategies, including the S&P 500 Dynamic Intraday TCA Index, enhancing growth and protection options.