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ARAG Group sees premiums skyrocket by more than 17%
[ad_1] Meanwhile, investment income grew by 33% to €161.5 million, supported by market conditions and gains from restructuring. The legal insurance segment, the group’s largest, increased premiums by 17% to €1.65 billion, partly due to the UK acquisition. The health insurance segment also grew by 17%, generating €749 million in premiums. The UK reorganization contributed…

UniCredit backs CEO critic in Generali board vote – report
[ad_1] Shareholders met in Trieste on Thursday to elect a new board for a three-year term. The vote follows ongoing tensions between management and key investors. On one side is Mediobanca SpA, Generali’s largest shareholder, while on the other are the families of the late Leonardo Del Vecchio and Caltagirone, the second- and third-largest shareholders,…

CWCI names chair of board for 2025
[ad_1] Along with Hansen’s re-election, CWCI announced its 2025 executive committee members, which include Kris Mathis of CopperPoint Insurance Companies a vice chair, Michael Cunningham of Zenith Insurance Company, Amanda Granger of ICW Group Insurance Companies, Carmen Sharp of The Hanover Insurance Group, Vernon Steiner of State Compensation Insurance Fund, and Matthew Zender of AmTrust…

Chinese insurers drawn into conflict as Trump’s tariff war escalates
[ad_1] Sovereign funds rally to calm volatile equities [ad_2] Source link

Quarterly annuity sales exceed $100 billion in all four quarters – LIMRA
[ad_1] In the fourth quarter, US annuity sales totaled $100.6 billion, a 13% decline from the record-setting fourth quarter of 2023. Lower interest rates contributed to declines in fixed-rate deferred (FRD) and income annuity sales, affecting overall results. [ad_2] Source link

Weather resilience council in Connecticut moves forward
[ad_1] The council includes representatives from the insurance industry, regulatory agencies, consumer advocacy groups, environmental and climate science, construction, academia, and emergency management. Its latest progress report details the formation of three subgroups, each tasked with developing a specific component of the overall strategy. [ad_2] Source link