Latest Conning Headlines
All the headlines from our Conning Topic Page, ordered by recency.
Conning Study: MGA Market Still Growing
Jul 12 2024 // A hard market combined with underwriting capacity from fronting companies allowed for robust growth in the MGA market in 2023, according to a new Conning strategic study. The global investment management firm’s 11th...
Generali Completes Purchase of Conning and Affiliates From Cathay Life
Apr 3 2024 // Generali announced it has completed the acquisition of Conning Holdings Ltd. (CHL) and Conning affiliates from Cathay Life, a subsidiary of Taiwan’s Cathay Financial Holdings. The deal, which was first announced on...
US Insurers Optimistic, Open to Take More Investment Risk in 2024: Conning
Jan 24 2024 // Most U.S. insurers plan to take on more investment risk in 2024, and said the risks associated with the use of artificial intelligence (AI) in the investment process are outweighed by the potential benefits of the...
Generali Buys U.S. Asset Manager Conning Under Deal With Cathay Life
Jul 7 2023 // Generali has agreed to buy Connecticut-based asset manager Conning Holdings as part of a partnership with Cathay Life, a unit of Taiwan’s Cathay Financial Holding, the Italian insurer said on Thursday. The deal,...
People Moves: Conning Announces New Head of North America, Other Key Promotions
Jun 1 2023 // Conning Announces New Head of North America and Other Key Promotions Conning has named Matt Daly, head of the corporate and municipal bond teams, as the new head of Conning North America, effective September 30. Daly has...
Conning: Embedded Insurance Market Could Exceed $70B in Premium by 2030
Jan 26 2023 // Embedded insurance – a concept in which insurance is wrapped into the purchase of a product at the point of sale – could exceed $70 billion in premium by 2030, according a new report by Conning. This is on par with...
Here’s a Shocker: Insurance Industry Reserves Still Adequate
Jun 25 2018 // 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...
How Consolidation Has Changed Crop Insurance Sector: Conning
Nov 17 2017 // 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 at Conning predict a...
Expect Another Active M&A Year with Tech Gaining Interest, Says Conning
Apr 6 2017 // Signs point to 2017 being another year of “robust” mergers and acquisitions, thanks in part to a number of ongoing industry trends and a current government climate that show no sign of letting up, Conning said...
The Future, and Present, Belong to Specialty P/C Insurers: Conning
Mar 8 2016 // Specialty property/casualty insurers are now a dominant force in the market and generate more than half of the industry’s premiums, Conning Inc. asserts in a new report. Two-thirds of individual insurance companies...
Taiwan’s Cathay Financial Completes Acquisition of Conning
Sep 18 2015 // 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, based in Hartford,...
Evolving Consumer Base Is Changing Personal Lines: Conning
Aug 3 2015 // There are “far-reaching implications” for personal lines insurers and the products and services they provide as the U.S. continues to undergo changes in its demographic structure, an industry report states. The...
Small Business Insurance Market Primed for Consolidation
Dec 1 2014 // 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 space, but no single...
Small Business Insurance Market Primed for Consolidation
Nov 18 2014 // 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 space, but no single...
Taiwan’s Cathay Life Acquires Asset Manager, Research Firm Conning
Nov 12 2014 // 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 of the agreement,...
P/C Insurance Industry Loss Reserves Stable: Conning
May 20 2014 // 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 modest...
Conning to Acquire Brookfield’s Insurance Asset Management Business
Mar 31 2014 // 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 currently managing...
P/C Stock Valuations Unlikely to Improve Much in Near Term: Conning
Oct 10 2013 // 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, according to a new...
Pricing Hikes, Improved Underwriting Bode Well for P/C Industry: Conning
Apr 12 2013 // 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 combined ratio for...
P/C Mergers Down in 2012 But Private Equity Still Favored Brokers: Conning
Mar 28 2013 // 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 the latest annual...
