Insurers Acquire Erste SRT Transaction Tied to €10 Billion Loans for Mergers and Acquisitions
Erste Group Bank AG has made headlines by executing a significant risk transfer (SRT) linked to over €10 billion ($11.7 billion) in...
Category: Retirement
CRC Group Finalizes Acquisition of Atrium, a Lloyd’s Managing Agency
CRC Group, a prominent wholesale specialty and managing general agent (MGA) firm based in Charlotte, North Carolina, has successfully completed its acquisition...
Detroit Suburb Agrees to Settlement After Woman Wrongfully Declared Dead
A Detroit suburb has reached a significant settlement of $3.25 million with the family of a young woman who was initially declared...
Sompo Expands International Credit Investment Strategy
Sompo Holdings Inc. is strategically shifting its focus towards higher-yielding overseas credit investments to enhance profitability, as traditional business avenues face challenges....
Andover Companies Successfully Finalizes Organizational Restructuring
The Andover Companies has successfully completed its reorganization into a mutual holding company structure, which took effect on January 1, 2026. This...
IICF Appoints Marohn as Chair and McDonough as Vice Chair of Board of Governors; AXA XL Elevates Stitham to Chief Underwriting Officer for Casualty, Americas
Insurance Industry Charitable Foundation Announces Marohn as Chair of IICF Board of Governors Steve Marohn The Insurance Industry Charitable Foundation (IICF) has...
Fewer Than Twelve Homes Reconstructed One Year Post-LA Wildfires
On the first anniversary of the most destructive wildfires in the L.A. area, the scant home construction projects stand out among the...
Insurance Journal Invites Nominations for Prestigious Annual Agents of the Year Awards
Insurance Journal is excited to announce that it is now accepting nominations for its prestigious annual Agents of the Year awards. This...
Goldman Sachs Alerts: US Power Grids at Risk of Shortage by 2030
Almost all US power grids will lack critical spare capacity by 2030 as demand surges to supply data centers, with bottlenecks threatening...
Patriot Growth Welcomes Rogers; Alliant Expands Team with Lowe Appointment
Patriot Growth Insurance Services, based in Fort Washington, Pennsylvania, has announced the appointment of Tom Rogers as its new chief sales officer....