Talanx’s Post

Life #insurers are facing an unprecedented shift with a possible significant outflow of #assets under management (AUM), ahead of history’s largest inter-generational wealth transfer. According to a study carried out by the Capgemini Research Institute and titled World Life Insurance Report 2023, currently policyholders over the age of 65 own 40% of insurers’ AUM, which for the 40 largest #global life insurers totals US$7.8 trillion. These assets are poised to be transferred to #beneficiaries by 2040, states the study. Read more: https://lnkd.in/dMVefFSB #Affluent #AgeingPopulation #articles #AUM #SeniorCitizens #Wealth

The global insurance industry's 2022 one-year TSR of 8% showcases admirable resilience, but it falls short of investors' cost of equity. However, averages do not tell the full story, as TSR varies widely both geographically and by industry segment. Only 33% of insurers delivered TSR greater than the cost of equity, while 18% had negative TSR. Find out more in the 2023 Insurance Value Creators Report. #ValueCreation #PerformanceAnalysis #BusinessInsights

Last year was a tough one for M&A across a variety of sectors, yet as my EY colleague Dorree Ebner explains in her feature with Insurance Business Magazine, dealmaking in the insurance space stayed strong. Check out Dorree's take on the key factors that propelled insurance M&A activity forward in 2023, including a focus on creating more capital-efficient businesses, strengthening underwriting capabilities, and a convergence with alternative asset management. https://lnkd.in/gRzNUB4X

M&A insurance will continue to gain momentum with more heightened activity You may also read more from our Swiss Re P&C structured solutions team - https://lnkd.in/ezzxHGdc #reinsurance

NEWS OF THE DAY! Zurich Insurance's Bold Move: Secures 70% Stake in Kotak Mahindra General Insurance in Landmark Deal   1.     The Competition Commission Of India(CCI) has given the green light to Zurich Insurance Ltd's acquisition of a 70 percent stake in Kotak Mahindra General Insurance Company Ltd (KMGIC). 2.     Zurich Insurance Group previously agreed to acquire a 51 percent stake in KMGIC for about ₹4,051 crore, marking a significant investment by a global strategic insurer in an Indian non-life insurance company. 3.     The deal, valued at ₹7,943 crore, is expected to be completed by June 30, 2024. Zurich also plans to acquire an additional 19 percent stake within three years, taking its holding to 70 percent. 4.     Once Zurich Insurance acquires the 51 percent stake, KMGIC will no longer be a subsidiary of Kotak Mahindra Bank, which currently holds 100 percent stake in the general insurance firm. 5.     In another approved transaction, CCI has given the nod to the acquisition of 100 percent shareholding of Interise Investment Managers Limited by CPPIB India Private Holdings Inc, Allianz Infrastructure Luxembourg II SARL, and Ontario Inc. 6.     Additionally, CCI has approved the acquisition of certain shareholding of Shadowfax Technologies Private Limited by NewQuest Asia Fund IV (Singapore) Ltd. =>Please follow Finplate and stay updated with the latest #mergersandacquisitions news. Thanks in advance. To read the news in detail, click below: https://lnkd.in/g5pMajdf

The global insurance industry's 2022 one-year TSR of 8% showcases admirable resilience, but it falls short of investors' cost of equity. However, averages do not tell the full story, as TSR varies widely both geographically and by industry segment. Only 33% of insurers delivered TSR greater than the cost of equity, while 18% had negative TSR. Find out more in the 2023 Insurance Value Creators Report. #ValueCreation #PerformanceAnalysis #BusinessInsights

With the higher cost of capital in the “higher for longer” interest rate environment, it’s ever more important for insurers to focus on deriving value from operational and digital efficiencies. The insurance industry in ASPAC is at crossroads to focus on areas where it creates value, and to look for strategic partnerships where it does not have competitive advantage. Barnaby Robson Ram Menon Stephen Bates #insurance #aspac #valuecreation

10-YEAR NEW BUSINESS PREMIUMS DATA FOR ALL LIFE INSURERS 👉 Life insurance has seen worst in FY15 & again in FY21 & again in FY24. 👉 Unlike general, life insurance has witnessed more challenges & they do not reduce. Covid-19, Union budgets and New tax regimes have impacted the sector negatively. 👉 Insurers on an avg. have grown at 15-17% which is quite low compared to a low-penetrated market. TATA AIA, Pramerica & Aegon are the top fastest growing companies on the 10 year's average scale. 👉 We have previously discussed the causes of slowness in the sector & its remedies, we will not delve in them again. #irdai #lifeinsurance #insurance #newbusiness

The specialty insurance market is projected to hit USD 178 Billion by 2030, driven by the adoption of #digital insurance platforms. Find out how insurers can take the best approach for digital platform implementation to enhance operational efficiency and improve #customerexperience: https://bit.ly/PI2_L #WNS #InsuranceIndustry #Insurance #Digitization Puneet Dikshit | Linda Stannard | Adrian Guttridge | Tim Auger

The specialty insurance market is projected to hit USD 178 Billion by 2030, driven by the adoption of #digital insurance platforms. Find out how insurers can take the best approach for digital platform implementation to enhance operational efficiency and improve #customerexperience: https://bit.ly/PI2_L #WNS #InsuranceIndustry #Insurance #Digitization