INSURASALES

Tag: Reinsurance

U.S. Insurance Industry Reports Record $3.3 Trillion Performance Amid Market Challenges

U.S. Insurance Industry Reports Record $3.3 Trillion Performance Amid Market Challenges

The Federal Insurance Office reports record $3.3 trillion U.S. insurance premiums in 2024, highlighting strong life and health and property/casualty sectors amid investment gains and market challenges.

Venerable Holdings Acquires SunAmerica and Expands Risk Management

Venerable Holdings completes acquisition of SunAmerica, enhancing risk management and compliance in the insurance industry. Discover more about this strategic move.

Surge in Sidecar Sponsors: Transforming the ILS Market by 2026

Discover how new sidecar sponsors may reshape the ILS market by 2026, presenting strategic opportunities for insurers and enhancing risk management practices.

Verisk Withdraws from AccuLynx Acquisition Over Regulatory Scrutiny

Discover Verisk's strategic withdrawal from the AccuLynx acquisition due to regulatory challenges and learn about its impact on the insurance industry.

Florida's 2022-2023 Insurance Reforms Stabilize Property Insurance Market

Florida's 2022-2023 insurance reforms have significantly stabilized its P&C market by reducing litigation abuse and attracting reinsurers, according to Insurance Commissioner Mike Yaworsky. The reforms curb assignment-of-benefit abuses and reduce claims litigation, leading to improved market stability and expanded consumer coverage options.

Baldwin Group’s $1B Merger with CAC Accelerates Specialty Insurance Brokerage Growth

The Baldwin Group's $1 billion merger with CAC advances its goal to become a top-10 global insurance broker, enhancing specialty capabilities and accelerating growth.

Swiss Re Posts Robust Q3 Profitability Driven by Strong Underwriting

Swiss Re reports USD 4.0 billion net income for first nine months of 2025, driven by disciplined underwriting and strong investment returns, with low natural catastrophe losses boosting profitability.

Millers Mutual Selects Duck Creek OnDemand to Modernize Multifamily Housing Insurance

Millers Mutual adopts Duck Creek OnDemand SaaS solutions to modernize core P&C insurance systems and enhance multifamily housing sector growth.

Florida Lawmakers Propose Multi-State Risk Pool to Address Home Insurance Crisis

Florida lawmakers introduce bills for a multi-state risk pool to stabilize home insurance rates and improve catastrophe risk management amid rising natural disaster losses.

Malibu Life Acquires TruSpire for U.S. Direct Annuity Market Entry

Malibu Life Holdings acquires TruSpire Retirement Insurance for $45M, marking entry into U.S. direct annuity market with plans to launch fixed-indexed annuity products in 2026.