Conning: Despite the pandemic s challenges and associated uncertainties, the MGA channel continued to thrive in 2020 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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HARTFORD, Conn., April 20, 2021 /PRNewswire/ M&A activity involving acquisitions of life-annuity and health insurers slowed considerably in the early part of 2020 as the Covid-19 pandemic took hold and market participants adjusted to the socially distanced work and changed economic environment. Activity rebound in the latter part of the year as market participants made those adjustments. The economic response to Covid-19, especially the significant decrease in interest rates, has reduced life-annuity insurer expectations of a recovery in portfolio yields, said Scott Hawkins, a Director, Insurance Research at Conning. These lower expectations have driven life-annuity restructuring transactions, especially of annuity companies and books of business. In 2021, further restructuring is likely.
Conning is Pleased to Announce its Newest Focus Series - Presumptions and the Future of Workers Compensation Insurance 2021 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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HARTFORD, Conn., April 7, 2021 /PRNewswire/ ESG (environmental, social, and governance) concerns have been increasing for years, but in 2021, these concerns are becoming mainstream in all areas of business, including insurance. U.S. insurers have been making progress in raising ESG awareness but was generally perceived as lagging behind Europe.
The Conning Focus Series,
ESG in the Insurance Industry examines how ESG concerns have increased recently, and how insurers are measuring and disclosing their progress in addressing the concerns. The Focus Series describes how ESG metrics are proliferating by ESG advocates, regulators, and rating agencies, creating a challenging business environment for insurers trying to stay on top of this quickly evolving topic. This report is Conning s first in a series of four reports which will be released this year covering ESG topics.