Canada’s Desjardins Is Seeking Property/Casualty Insurance Acquisitions April 19, 2023 By Maiya Keidan Canada’s Desjardins Group is seeking acquisitions in the property and casualty (P/C) insurance space as it seeks to boost its...
Canada Reports 20-Year High in Overseas Investment in Insurance M&A December 17, 2020 By Maiya Keidan and Carolyn Cohn Canadian firms’ overseas investment in insurers hit a 20-year high this year boosted by Intact Financial’s joint agreement last month...
Hedge Funds Returning to Insurance as Premiums Rise October 8, 2020 By Maiya Keidan and Carolyn Cohn Five years after London-based hedge fund Toscafund ditched the shares it held in insurance companies, the $3.5 billion firm and...
Insurers May Cut Allocations to Poorly Performing Hedge Fund Investment Sector September 24, 2020 By Maiya Keidan and Carolyn Cohn Having complained for years about hedge funds’ high fees and lackluster performance, insurance firms may be preparing to cut allocations...
UK Invests in Natural Disaster Hedge Fund Focused on Insurance for Developing Nations February 26, 2018 By Maiya Keidan and Carolyn Cohn Britain is backing a hedge fund that aims to raise $200 million to give developing countries access to climate risk...
Catastrophe Bond Managers Put Hurricanes Behind Them, Plan New Launches December 20, 2017 By Maiya Keidan and Carolyn Cohn Hedge funds and other managers of catastrophe bond funds racked up some of the worst losses in more than a...
Hedge Funds Invest in Reinsurance Stocks on Expected Rate Hikes in 2018 November 16, 2017 By Maiya Keidan, Carolyn Cohn and Lawrence Delevingne Hedge funds bought reinsurance stocks in the third quarter after prices tumbled on widespread losses after multiple hurricanes in North...