AI to reignite global M&A market in 2024 & more…Keep up with what has been happening this week in our latest insurance news round-up…

AI to reignite global M&A market in 2024

With interest rates stabilising and a pick-up in deal activity after a muted first half in 2023 fuelling cautious optimism, WTW looks at the trends to shape the M&A landscape in 2024.

Global insurance sector cements stronger position amid elevated risks – Swiss Re

A new report from Swiss Re cements the global insurance industry’s position as the world at large faces elevated risks, both macroeconomic and geopolitical.

Chubb ranked largest US cyber insurer for third year running by AM Best

The latest data from ratings agency AM Best confirms that Chubb remains the largest cyber insurer in the US when ranked by direct premiums written (DPW) in 2022.

Allianz ranked world’s number one insurance brand

For the fifth consecutive year, brand valuation organisation Interbrand has named Allianz as the world’s leading insurer in their Best Global Brands Ranking.

Swiss Re partners with Guidewire to advance insurtech

Swiss Re Reinsurance Solutions (Swiss Re) has partnered with Guidewire, a US-based software company to offer a platform for property and casualty carriers.