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Eye for a bargain: M&A activity in insurance sector to rebound in 2021
News
Deal-making was up in the first half of 2020 but experts at Clyde & Co predict a drop in M&A activity in the latter half of the year as the COVID-19 effect makes itself known. Those looking for opportunities may be in a better position in 2021 as Intelligent Insurer looks at the trends driving the predicted comeback for M&A next year.   4 September 2020
Insurance
China's insurance regulator has barred Anbang Life Insurance from applying to issue new products for three months, the latest move in an industry-wide crackdown, Reuters reported May 5.   8 May 2017
Insurance
Improved underwriting results in property & casualty (P&C) have helped US-based commercial insurer CNA Financial to grow its profits in the second quarter of 2017.   31 July 2017
Insurance
Reinsurance broker JLT Re said on July 31 that it has appointed Ben Gray as a partner in its London & International Markets (LIM) team with a focus on cyber treaty.   31 July 2017
Insurance
Specialist insurer Markel International has applied to the Dubai Financial Services Authority (DFSA) to establish a company to operate within the Dubai International Financial Centre (DIFC).   30 July 2014
Insurance
American International Group, has appointed Michael Lewis as chief digital officer, effective July 5, 2016.   1 July 2016
Insurance
Personal lines property/casualty insurer The Allstate Corporation said on Sept. 21 that it estimates its catastrophe losses, net of reinsurance recoveries, for the month of August 2017 at $593 million, pre-tax.   21 September 2017
Insurance
American International Group’s (AIG) chief executive Brian Duperreault said the company is working with a “sense of urgency” and “taking decisive actions across the company” as the business posted another big loss in its third quarter results.   1 November 2018
Insurance
Zurich-based catastrophe insurance data provider PERILS has estimated the initial insured property market loss from extra-tropical cyclone Thomas at €213 million.   6 April 2017
Insurance
German insurer Allianz has elected former CEO Michael Diekmann to become the firm’s chairman, replacing Helmut Perlet.   5 May 2017

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