The Hilb Group announced last week that it has successfully secured an approximately $2 billion round of financing to refinance its existing debt and expand its revolving credit and delayed draw term facilities. The financing will support Hilb’s continued acquisition …
The National Association of Professional Insurance Agents (PIA) and its agency-company council, The PIA Partnership, have designed a new tool to help independent insurance agenciesgrow and increase profits. “Closing the Gap – Growth & Profit” provides agents with calculators to …
The latest Michigan Future Business Index survey of small and midsize business leaders shows unequalled confidence in the state’s business economy and a rekindled desire to reinvest in their own future, according to Accident Fund Insurance Company of America. Business …
A special report from A.M. Best – “Regulation Tightens as Colombia’s Insurance Market Grows and Matures -“notes that “insurance companies operating in Colombia are benefiting from a vibrant, growing economy, the country’s commitment to building infrastructure and helping its industry …
A new report from A.M. Best notes that the “French insurance market has experienced significant volatility during the past few years, although the non-life sector continues to grow.” The report comments that while the life market contracted in 2011, gross …
With a $4.9 billion takeover of Brazil’s biggest healthcare provider, UnitedHealth Group appears to have snatched the crown jewel in a market with plenty of promise but formidable barriers to entry for any foreign rivals looking to follow suit. UnitedHealth’s …
World trade will grow by a mere 2.5 percent this year, dragged down by Europe to less than half of the previous 20-year average, the World Trade Organization (WTO) said on Friday. The WTO cut its estimate from a 2012 …
The good news is that Europe is no longer going the way of Greece. The sad news is that it is threatening to go the way of Japan. After years of hesitation punctuated by panic, Europe has finally accepted the …
Catastrophe bond issuance for the last 12 months – June 2011 to June 2012 – rose to $6.43 billion – an increase of more than $2 billion over the same period in 2011, according to a report issued by Aon …
According to Swiss Re’s latest study – The Italian insurance market: opportunities in the land of the Renaissance – “Italy stands at the crossroads of economic and social change, and therefore offers interesting opportunities for the insurance industry.” The report …
