P/C Premium Growth Not Enough for Market Turnaround: Conning
The property/casualty insurance industry can expect premium growth of between 3 and 4 percent in 2011, and about 5 percent for the following two years, according to a forecast from analysts at Conning...
View ArticleConning: P/C Premiums to Grow 3-4% in 2012
Property/casualty insurers are facing a difficult environment in 2012, according to a forecast from analysts at a Hartford insurance consulting firm. The difficult environment will include volatility...
View ArticleP/C Insurers’ Loss Reserves Continue to Surprise Analysts
Analysts at two rating agencies, Fitch and Moody’s, believe property/casualty insurers’ prior-year loss reserve takedowns will continue to outpace reserve additions in 2013. The analysts spoke about...
View ArticleP/C Mergers Down in 2012 But Private Equity Still Favored Brokers: Conning
Amounting to just $4.7 billion in aggregate deal value, the 46 merger and acquisition transactions announced in the property/casualty insurance sector in 2012 were near record low levels, according to...
View ArticlePricing Hikes, Improved Underwriting Bode Well for P/C Industry: Conning
With 2012 preliminary results showing improvement in profitability in the sector, the property/casualty insurance industry should see continued strong net premium growth and a substantially improved...
View ArticleP/C Stock Valuations Unlikely to Improve Much in Near Term: Conning
While property/casualty insurance stock valuation levels are finally exceeding book values after four years of below-book levels, a near-term return to higher historical valuation levels is unlikely,...
View ArticleConning to Acquire Brookfield’s Insurance Asset Management Business
Hartford-based insurance asset management firm Conning, Inc. said it has agreed to acquire certain assets of Brookfield Investment Management Inc.’s core fixed income insurance. The investment team...
View ArticleP/C Insurance Industry Loss Reserves Stable: Conning
The property/casualty industry’s loss reserve position is slightly improved as of year-end 2013, according to Conning. “Overall, the industry continues to appear to have sufficient reserves, with a...
View ArticleTaiwan’s Cathay Life Acquires Asset Manager, Research Firm Conning
Cathay Life Insurance Co. of Taiwan has acquired insurance industry investment and asset manager and research firm Conning Holdings Corp. of Hartford, Conn. and all of its subsidiaries. Under the terms...
View ArticleSmall Business Insurance Market Primed for Consolidation
If heavy competition breeds consolidation, then the property/casualty small business insurance market is ripe for it in the coming years. Both large and small insurers devote lots of attention to the...
View ArticleTaiwan’s Cathay Financial Completes Acquisition of Conning
Cathay Financial Holding Co. Ltd., based in Taiwan, said it has completed the previously-announced acquisition of Conning Holdings Corp. through its subsidiary, Cathay Life Insurance Co, Ltd. Conning,...
View ArticleHow Consolidation Has Changed Crop Insurance Sector: Conning
Crop insurance was once a sector full of smaller players, but a mergers-and-acquisitions (M&A)-driven push for efficiency and scale has left it dominated by fewer and larger carriers, and analysts...
View ArticleHere’s a Shocker: Insurance Industry Reserves Still Adequate
Although analysts at Conning didn’t actually use the word “shocked” in their latest report on the property/casualty industry’s loss reserve position, the title of the report—and the image on the front...
View ArticleAre MGAs Winning the Insurance Talent War?
With more than 1,000 managing general agents writing roughly $70 billion in direct premiums last year, researchers at Conning believe one growth driver is the fact that the MGA model attracts talent....
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