Newsmakers
Insight Investment CEO Abdallah Nauphal to Retire, Raman Srivastava Named as Successor
Nauphal will retire in the first half of 2025 after 20 years at the firm.
Despite underwriting losses due to catastrophic weather and high inflation, rebounding markets, higher rates and private market investments have led property and casualty insurers to see increased investment income.
A rise in discount rates helped most statuses increase last month, according to multiple pension trackers.