USI's recent acquisition of Wells Fargo's insurance broking arm highlighted the solid interest of private equity-backed investors in the high-margin US retail broking industry
Newly appointed AIG CEO Brian Duperreault has suggested he will redirect the company’s excess capital from share repurchases towards acquisitions if he can show them to be value-adding.
With the current pricing environment leaving little room for P&C (re)insurers to boost their profits, expense management has become an increasingly popular strategy for widening margins.
Insurance and reinsurance companies under the ownership of Starr International Company Incorporated (SICO) have recorded a healthy underwriting performance in recent calendar years, led by its North American surplus lines unit.
Our P&C non-life (re)insurance index, The Insider 50, posted continuous growth over the past month and rose 1.0 percent last week to 1,099.5 index points.