Financial sector infrastructure vulnerable to ransomware, malware attacks
Economic uncertainty and climate-related losses have chilled dealmaking
Rising prices, economic recovery support sector's earnings
The deal is expected to close in the first half of 2022
Asset manager plans to create a new entity by paying a special dividend to Class A shareholders
Even as climate change imperils profits, reinsurers' capitalization is strong
Regulator seeks comments on proposed revisions to reinsurance guidance
M&A activity in the sector will continue as companies seek to increase their scale, diversify and improve profitability
The insurance environment and reinsurance practices have changed significantly over the past 10 years
Overcapacity, increased competition and low interest rates pressuring reinsurers