MarketLine Blog

Posts tagged to Insurance

Chinese regulator takes over Anbang: Massive insurer made example of in wider effort to keep money at home

MarketLine

President Xi Jinping has plenty of motivation to take action on Anbang Insurance Group. Not only had the company come to symbolize debt-ridden conglomerates through a series of lavish overseas purchases, but the speed at which the company had expanded raised concerns as to the wider impact failure could have. So far it would appear policy revisions have been successful in halting the flow of money out of the country. The messages many businesses in China will have deduced very swiftly is the President, now rated among the most powerful… Read more

Global insurance brokers sector will hit $54.8 billion in 2021 as growth remains impressive despite deceleration

MarketLine

The global insurance brokers sector has experienced impressive growth in recent years, registering a compound annual growth rate (CAGR) of 7.0% between 2012 and 2016 to reach a value of $42.8 billion, according to data from research company MarketLine. The company’s latest report shows that sector values have increased in all regions. Global growth, however, has been primarily driven by healthy revenue increases in the US, the world’s largest individual market. As it accounts for over 63% of global sector revenues, the performance of the US market will always have… Read more