Insurance holding company Ambac has extended from July 3, 2025, to December 31, 2025 the term of the stock purchase agreement relating to the sale of its legacy financial guarantee businesses -Ambac … [Read More...] about Ambac and Oaktree announce extension for financial guarantee business sale
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Ambac and Oaktree announce extension for financial guarantee business sale
Reinsurer returns to remain robust with steady ROE through 2027: Guy Carpenter
As reinsurance rates continued to soften at the mid-year renewals, the return on equity (ROE) for full year 2025 is expected to decline from 2024, although remain above the cost of equity and at a … [Read More...] about Reinsurer returns to remain robust with steady ROE through 2027: Guy Carpenter
The next challenge is to make parametric solutions a mainstream climate finance tool: NDF
The Natural Disaster Fund (NDF), a public-private partnership managed by Global Parametrics, a CelsiusPro Group company, has gathered increased recognition for its innovative approach to provisioning … [Read More...] about The next challenge is to make parametric solutions a mainstream climate finance tool: NDF
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Atradius announces various Management Board changes
Atradius, a global provider of credit insurance, bond and surety, collections and information services, has announced changes to the composition of its Management Board and the distribution of responsibilities. Andreas Tesch, currently Chief Market Officer … [Read More...] about Atradius announces various Management Board changes
Athora to acquire Pension Insurance Corporation for £5.7bn
Pan-European savings and retirement services group, Athora, has reached an agreement to acquire Pension Insurance Corporation Group Limited, the parent of Pension Insurance Corporation plc, a specialist insurer of UK defined benefit pension schemes, for … [Read More...] about Athora to acquire Pension Insurance Corporation for £5.7bn
Mid-year renewals shows reinsurers now eager to expand in Florida: Gallagher Re
According to reinsurance broker Gallagher Re’s 1st View mid-year renewal report, recent legislative reforms in the State of Florida encouraged reinsurers to write across the board at the mid-year renewals, in hopes of maintaining their market share on … [Read More...] about Mid-year renewals shows reinsurers now eager to expand in Florida: Gallagher Re
Rates trending downward but soft market still 2-3 years away: Peel Hunt
Specialty re/insurance rates remain adequate on average and are trending downward, though a soft market is likely still 2–3 years away, according to a recent report by Peel Hunt. Following their participation in the recent Lloyd’s Tour, Peel Hunt analysts met … [Read More...] about Rates trending downward but soft market still 2-3 years away: Peel Hunt
UNDP, TNFD, KPMG launch ‘NATURE-INSURE’ to tackle biodiversity risk
UNDP’s Sustainable Insurance Forum (SIF), the Taskforce on Nature-related Financial Disclosures (TNFD), and KPMG have partnered to launch a new global programme, ‘NATURE-INSURE’, to strengthen supervisory responses to biodiversity risk. Biodiversity loss and … [Read More...] about UNDP, TNFD, KPMG launch ‘NATURE-INSURE’ to tackle biodiversity risk