Investments

The strategy in question is tied to insurance-linked securities, which are dominated by catastrophe bonds (often dubbed cat bonds).

The company, which also announced a new chief financial officer, posted earnings per share of $2.58, just short of analysts' $2.61 predictions.

Catastrophe bonds, which last year formed the basis for the best-performing hedge fund strategy, have been delivering gains that trounce those of other high-risk fixed-income products.

Insurance companies and banks have collectively reduced their municipal bond holdings by $102 billion, or 10% in just nine months in 2023.

The insurer is exploring new avenues to promote pet health insurance and bring awareness to the industry.

Insurance CEOs remain optimistic and committed to investing in emerging tech.

Citizens Property Insurance Corp. reported that private insurance companies assumed 650,399 policies from the state's last-resort carrier in 2023.

In the quest for enhanced corporate sustainability, the integration of innovative technologies is ushering in a new era of reporting capability and transparency.

Research from Deloitte and Gamma Iota Sigma reveal insights to help shape recruiting strategies.

Nearly one-third of public companies are using artificial intelligence in their financial reporting, according to a new survey.

J.D. Power ranked 16 annuities in terms of customer satisfaction. Here are the winners and losers.

Businesses need to rethink their approaches to insurance cost reduction.

Panelists emphasized the significance of a comprehensive data strategy and ethical AI use, along with the industry's potential for innovation.

A representative for Bolttech declined to comment.

The top two municipal bond insurers wrapped $22.814 billion in the first three quarters of 2023, a slight dip of 0.5% from the $22.929 billion of deals done over the same period in 2022, according to Refinitiv data.

The Women in Insurance Leadership honoree identifies five specific moments where companies must excel for customers.

A KPMG poll found more than half of businesses say digital transformation initiatives have exceeded expectations for ROI but this may not necessarily translate into more profits.

Having recently increased its market, Roadzen is turning to a SPAC arrangement to fund further expansion plans.

The organization of state insurance regulators will require carriers to provide more data on their securities holdings, including interest and investment classifications.

This year, in the spirit of innovation, Accenture used generative artificial intelligence to help distill and uncover trends, feeding submissions securely into its gen AI model.