INSURASALES

Tag: Financial Services

Consortium Led by Allianz Completes €3.5B Acquisition of Viridium Group

A consortium including Allianz and BlackRock completes €3.5 billion acquisition of Viridium Group, strengthening presence in the European closed-life insurance market and expanding asset management capabilities.

Life Insurers Expand Strategic Role in Credit Markets, Morgan Stanley Reports

Morgan Stanley reports on the strategic rise of life insurance companies in credit markets, emphasizing their evolving asset allocation strategies and growing market influence.

Increasing Cybersecurity Challenges for Financial Services: Vendor Breaches, Mobile Malware, and VPN Vulnerabilities

Financial sector faces escalating cyber risks from vendor breaches, advanced mobile malware, and critical VPN vulnerabilities, underscoring need for enhanced supply chain oversight and Zero Trust security.

U.S. Insurance Stocks: Evaluating Risks in Lincoln National, Lemonade, and AXIS Capital

Explore insights on three U.S. insurance stocks—Lincoln National, Lemonade, and AXIS Capital—highlighting valuation concerns and sector risks affecting market performance and investment decisions.

Ally Financial Faces Challenges with Legacy Auto Loan Losses and Credit Card Divestiture

Ally Financial's stock declined 6% due to higher losses on legacy auto loans and credit card business sell-off, highlighting portfolio management challenges.

Lincoln Financial Q1: Solid Earnings Amid Market Volatility and Strategic Growth

Lincoln Financial Group posts solid Q1 earnings with strategic growth in Group Protection and annuities amid market volatility and macroeconomic uncertainty. Analysis of operational efficiency and capital deployment impact.

TD Bank Survey Shows Growing Trust in AI for Financial Services

A TD Bank survey finds increasing American trust in AI for financial services, highlighting benefits and concerns in banking technology adoption.

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.