02/13/2024

DARAG completes two captive legacy transactions

They demonstrate the busy year DARAG North America has had and show that there is increased interest for bespoke legacy solutions that enable insurers to achieve finality for their books of business.

02/12/2024

Essent Group profit falls $135 million

Insurance in force as of December 31, 2023 was $239.1 billion, compared with $238.7 billion as of September 30, 2023 and $227.1 billion as of December 31, 2022.

02/09/2024

Brookfield Re posts $797m profit

The company said: “Since close, we have begun executing on our underwriting initiatives, including repositioning of the asset portfolio into higher-yielding strategies.”

02/08/2024

Banking sector profits up 32.9% year-on-year

The BMA said this was mainly due to the combined impact of lower total income and higher operating expenses. Total income fell by 2 per cent while total expenses rose by 10.7 per cent quarter-on-quarter.