All articles by Ronan Mccaughey
Ronan Mccaughey
M&A activity set to accelerate in 2016
Merger and acquisition (M&A) activity in the global life and health insurance industry is expected to accelerate in 2016, although the focus of deals could be on small-to-medium players rather than big ticket acquisitions.
Aon Hewitt: Cost increases for employer-sponsored medical plans in 2016
The average cost increases for employer-sponsored medical plans globally will be 9.1% in 2016 5.5% higher than the global average projected inflation rate of 3.6%, according to a report from Aon Hewitt.
A.M. Best places ratings of MetLife and its subsidiaries under review
A.M. Best has placed under review with developing implications the financial strength rating (FSR) of A+ (Superior) and the issuer credit rating (ICR) of aa- of the primary life / health insurance subsidiaries of MetLife .
National Western Life introduces simplified issue life insurance coverage
US-based National Western Life Insurance Company has rolled out a simplified issue life platform known as the NWL OptionLife Series.
Emirates NBD renews Allianz Egypt partnership
Emirates NBD has signed a renewal for a 5-year agreement with Allianz Egypt to offer bancassurance services such as term life insurance and group life plans.
Legal & General to sell Suffolk Life for £45m
Legal & General Group is to sell Suffolk Life, a UK provider and administrator of self-invested personal pensions (SIPPs), to Curtis Banks Group for £45m ($64.6m).
Frances CNP Assurances in discussions with Brazils BTG Pactual
French insurer CNP Assurances has confirmed it has entered into exclusive negotiation with asset manager BTG Pactual in Brazil, in order to acquire 51% of its subsidiaries, PAN Seguros and PAN Corretora.
Suspension of Qatars mandatory health scheme offers IPMI opportunity
Kennedys law firm has released a legal update on the suspension of Qatars mandatory health insurance scheme and the opportunity this means for international private medical insurance (IPMI) providers.
LOMA: Technology to profoundly impact life insurance market in 2016
Insurance executives surveyed by international insurance trade association LOMA for its 2016 Life Insurance Industry Forecast expect modest growth due to continued concerns about interest rates and the state of the economy.