Sun Life Financial Inc. beat analyst expectations in the first quarter, fueled by its asset management segment. The Toronto-based insurance firm reported underlying earnings of $1.82 per share, better than the $1.71 predicted by analysts in a Bloomberg survey. Sun Life also raised its quarterly dividend to 88 Canadian cents from 84 cents. “In an
Insurance Operations Highlights 113.3% first-quarter 2025 property casualty combined ratio, increased from 93.6% for the first quarter of 2024. 11% growth in first-quarter net written premiums, including price increases, premium growth initiatives and a higher level of insured exposures. $383 million first-quarter 2025 property casualty new business written premiums, up 11%. Agencies appointed since the
Ateev Bhandari | Reuters Principal Financial Group names Deanna Strable as next CEO Deanna Strable, a native Iowan and a Dowling Catholic High School graduate, will be the next CEO of Principal Financial Group. Insurer Principal Financial Group reported a rise in first-quarter profit on April 24, helped by higher premiums and fee income. The Trump
This video features an expert panel discussing finding balance for sponsors and investors in the catastrophe bond segment of the insurance-linked securities (ILS) market at our Artemis ILS NYC 2025 conference, which was held in New York on February 7th 2025.ILS NYC 2025 was Artemis’ eighth catastrophe bond and insurance-linked securities (ILS) conference held in-person
Despite global insured losses from natural catastrophes reaching $145 billion in 2024, the catastrophe bond market emerged largely unscathed, despite it being a heavy year for nat cat events, according to an analysis by Kepler Absolute Hedge, a research and data-led provider of insight into hedge fund strategies.Last year, the insurance and reinsurance market witnessed
Ping An ranks first in global patents in healthcare and fintech, according to two new reports from the Intellectual Property Publishing House. In the fintech sector, Ping An has 8,582 patents, accounting for more than 2% of patents of the entire industry. In the healthcare sector, Ping An holds 4,176 patents, leading among domestic and
Speaking earlier today during Beazley’s earnings call for its Q4’24 results, Chief Executive Officer (CEO), Adrian Cox, revealed that the London headquartered specialty insurance and reinsurance underwriter, plans to sponsor more cyber catastrophe bonds in 2025 as it continues to grow.It’s no secret, that Beazley is a key figure within the cyber cat bond market,