Akankshita Mukhopadhyay
Assistant Editor, Editorial, Design & Publishing at S&P Global
Assistant Editor - EDP @SPGlobal | MSc Comp DJ from @cardiffuni | Ex Business Journalist at @Reuters and @NewsReinsurance. DMs open for leads.
Articles
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May 17, 2024 |
spglobal.com | Akankshita Mukhopadhyay
➤ US property and casualty and life insurance general accounts are projected to reach a combined $8 trillion in cash and invested assets by 2024. ➤ Insurance companies are postponing the pivot to longer-duration fixed-income securities, opting instead for shorter-term bonds. ➤ Concerns regarding asset quality are emerging, particularly in commercial mortgage investments.
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Mar 4, 2024 |
reinsurancene.ws | Akankshita Mukhopadhyay
Energy Raven has officially launched from American Family Insurance, where it was originally incubated. According to Energy Raven it was initially conceived as an internal corporate innovation project, it has now emerged as a nationally scaled company, supported by American Family Insurance.
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Mar 1, 2024 |
reinsurancene.ws | Akankshita Mukhopadhyay
Swiss Re Institute has raised its forecast for US economic growth in 2024 to 2.2%, citing significant “carry-over effects” from the previous year’s strong performance. This revision reflects a statistical phenomenon where prior year growth dynamics influence current-year forecasts. Despite the upward adjustment, concerns loom over whether the insurance sector will reap the benefits of this growth surge.
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Mar 1, 2024 |
reinsurancene.ws | Akankshita Mukhopadhyay
Despite concerns over the frequency of failures in the global Battery Energy Storage Systems (BESS) market, insurers are increasingly ready to support the sector, a new report reveals. The report, titled “Batteries Not Excluded: Getting the insurance market on board with BESS,” produced by GCube, a leading underwriter of renewable energy projects, highlights insurers’ optimism tempered by the need for effective risk management.
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Feb 29, 2024 |
reinsurancene.ws | Akankshita Mukhopadhyay
Holding company Tiptree has reported a 37.5% increase in gross written premiums and premium equivalents for its specialty insurance subsidiary, Fortegra, in the fourth quarter of 2023. The gross written premiums and premium equivalents grew in Q4’23 and 21.4% for the year, driven by growth in specialty E&S and admitted insurance lines in the U.S. and Europe, along with benefits from a book-roll transaction with one of Fortegra’s MGA partners.
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