Ben Dyson

The July 31 deal came in the same month as life consolidator Athora Holding announced plans to buy Pension Insurance Corp., also a major player in the UK's pension risk transfer market, for £5.7 billion.

There were 55 acquisitions of EMEA insurance targets in the quarter, compared with 88 for the same quarter of 2024.

The insurance industry faces political and practical obstacles on its journey to reducing underwritten greenhouse gas emissions, with success depending on the actions of both governments and energy companies.

The reduction in property-catastrophe rates seen at the key renewals date is not expected to dent returns in the near term as prices are still high compared to historical levels.

The Prudential Regulation Authority has issued new requirements regarding UK pension insurers' use of funded reinsurance.

Underwriters are imposing new requirements after the recent widening of the conflict and are watching closely for signs of a wider, more regional war.

The pending sale has the potential to prompt other insurers to reassess their positions, but large European groups say they are keeping their in-house asset managers.

The pending sale has the potential to prompt other insurers to reassess their positions, but large European groups say they are keeping their in-house asset managers.

The reinsurer added $650 million to US casualty reserves and $500 million to property and specialty provisions.

The $5.1 billion offer from Sixth Street Partners is 0.94x the book value Enstar reported in the second quarter.