10/20/2023
Brookfield Re looking at UK annuity market, says Reuters
Brookfield invests assets originated by Brookfield Reinsurance in North America as part of the services agreement.
AIM and Hedge Funds
10/19/2023
Alpha Innovations subsidiary links up with Down Range Capital
Down Range will leverage the AIGI team and infrastructure to further institutionalise their offering.
10/19/2023
Insurance shock for EV motorists as premiums rise 150%
Cars being shipped to the UK for repair travel unaccompanied which significantly increases costs further.
10/18/2023
Aspen partners with Ki Insurance
Under this agreement, Aspen will be partnering with Ki across open market classes of business in the property, casualty and specialty divisions.
10/18/2023
Point of sale insurance expected to grow
Insurers may also need to create an entirely new set of alliances with non-financial services partners.
10/17/2023
Howden launches Lloyd’s innovation hub
Insurance innovation expert Tom Hoad will lead the collaborative industry initiative
10/17/2023
Majority of business body members back tax and borrowing plans
The full package involves a broad goods and services tax on most consumption, a cut to income tax on earnings up to £30,000
10/17/2023
Public sector pension fund falls to 89% value
The proposal is one of many in an amendment - nicknamed the Fairer Alternative - to this week’s Funding and Investment Plan.
10/17/2023
Hamilton moves to file for IPO on NYSE
Barclays and Morgan Stanley are acting as Joint Lead Bookrunning Managers for the proposed offering.
10/16/2023
“We can no longer take our economic success, standard of living and quality of life for granted”
The analysis includes encouraging more women into work and incentivising working longer to counter the projected decline in the working age population by 2050.
10/16/2023
Prosperity Life ratings unchanged after $1.9bn merger
The ratings agency said the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of “a-” (Excellent) of Prosperity Life Group’s subsidiaries remain the same.
10/16/2023
International payment flows must be better protected
Payments across national borders vital for European cooperation
10/16/2023
Fiduchi partners with Prosper to introduce young talent to Financial Services Sector
This partnership comes as part of Fiduchi’s continued commitment to nurturing the next generation of financial services professionals.
10/16/2023
Apex Group South Africa stake acquired by BBBEE consortium
Since 2007, Ditikeni has been the Apex Group’s BBBEE partner in South Africa, holding a stake in Apex’s South African business.
10/13/2023
Group of Deputies want to temporarily stop funding States pension pot
One of the proposals within the Fairer Alternative package is the introduction of a three-year pension contribution holiday, “in respect of the benefit part of the States’ Superannuation Fund for public servants”.
10/13/2023
Fidelis MGU and Itasca Re parent form specialist MGA
Since its launch in 2017, Pine Walk Capital has established seven MGAs offering custom underwriting
10/12/2023
Access to Work scheme launched in Guernsey
The Access to Work Scheme aims to support disabled people and smaller local businesses
10/12/2023
Praxis reports solid results as the Group’s transformation continues
Rob Fearis highlighted the amount of progress made during the first half of the year
10/12/2023
BF&M unveils partnership with Argus shareholder Equilibria
Notably, BF&M will not require any external financing to either exercise its option or to fund its investment in the Equilibria-dedicated fund.
10/11/2023
Insurance and fintech will continue to converge, predicts Burt
Ro noted that the United Nations had recently reached out to the private sector to seek help with climate problems