张大伟 制图 发生在各资管机构之间的大规模竞争合作，正在持续上演：银行理财产品不再局限于单一方向，风险呈 现方式更加真实透明，资产配置也从传统的"固收为王"逐步拓展至"固收+多资产多策略"；随着资产管 理边界被逐步打破，券商、基金、银行理财甚至相关中介机构，都开始争相与险资机构合作；从"内部 消化"到"外部嫁接"，随着大集合产品公募化改造步入尾声，券商资管行业也即将迎来发展格局的分化 与重塑。 这场大资管时代的竞合，是交叉性金融产品爆发下的"你中有我，我中有你"。这种多方竞合格局，将成 为未来资管市场的一种常态。 锚定多资产配置 银行理财普惠属性凸显 ◎记者 张欣然 在财富管理体系不断重塑的背景下，银行理财迎来新的发展阶段。 业内普遍认为，本轮估值整改不仅关乎合规，更重塑了银行理财的基础运行逻辑。统一估值口径后，久 期长、流动性弱、信用资质较低的资产将难以隐藏风险，市场定价机制更加清晰。类无风险收益率下 降，也促使部分资金重新流向资本市场及其他风险资产，行业内部竞争随之加剧。 周毅钦表示，银行理财行业全面整改，不再采用信托计划收盘价调整、自建估值模型等平滑净值的做 法。在监管引导下，中债、中证估值成为主流，也 ...

Will they or won't they? Insurers Chubb and AIG may merge.Chubb Limited (CB +3.82%) stock jumped 3.6% through 1:05 p.m. ET Thursday after insurance industry reporter Insurance Insider reported Chubb "has made an informal takeover approach" to rival insurer American International Group (AIG +2.64%). Choosing its words carefully, a Chubb spokesperson denied the company has made "an offer" to buy AIG. But that wasn't exactly the question asked... Wall Street weighs inSo is Chubb trying to buy AIG or isn't it? ...

Core Points - BPCE and Generali have decided to end negotiations regarding the establishment of a joint venture in asset management, concluding that the conditions for a final agreement are not currently present [2][1] - Both companies reaffirm their commitment to developing a competitive financial industry in Europe, contributing to the region's economic success [2] Company Overview: BPCE - Groupe BPCE is the second-largest banking group in France and the fourth-largest in the euro zone by capital, serving 35 million customers globally through its retail banking and insurance operations [3] - The group employs 100,000 staff and operates through major networks including Banque Populaire and Caisse d'Epargne, as well as Natixis Investment Managers for asset and wealth management [3] - BPCE's financial strength is recognized by four credit rating agencies, with ratings including A1 from Moody's and A+ from both Standard & Poor's and Fitch [3] Company Overview: Generali - Generali is one of the largest integrated insurance and asset management groups globally, with a total premium income of €95.2 billion and €863 billion in assets under management (AUM) as of 2024 [4] - The company operates in over 50 countries, employing around 87,000 staff and serving 71 million customers, with a strong presence in Europe and growing markets in Asia and Latin America [4] - Generali's strategy focuses on customer commitment through innovative solutions and sustainability, aiming to create value for stakeholders and build a more resilient society [4]

Key Takeaways Principal Financial expects long-term revenue and margin growth across all segments. Strength in retirement, benefits, asset management and claims supports earnings gains. Capital returns remain strong with higher dividends, buybacks and ample excess capital. Principal Financial Group, Inc. (PFG) hit a 52-week high of $90.63 on Dec. 10. Shares closed at $90.23 after gaining 13.8% in the past year, outperforming the industry’s growth of 6.8% and the Finance sector’s return of 11.8%. It, however ...

STAMFORD, Conn.--(BUSINESS WIRE)--Leading insurance enterprises are implementing generative AI and agentic AI throughout most of their operations, gaining a crucial competitive edge in speed, pricing, accuracy and customer experience, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm. AI in insurance has quickly matured from experimental to production-ready across the insurance value chain. This tr ...

Key Takeaways American Financial sees growth from new business, added exposure and crop premium gains. AFG posts 37 quarters of renewal rate increases aimed at exceeding loss ratio trends. American Financial's long-term dividend growth reflects strong profitability and capital discipline. Shares of American Financial Group, Inc. (AFG) have lost 2.8% in the year-to-date period, underperforming its industry, the Finance sector and the Zacks S&P 500 composite’s return of 7.5% and 15% and 18.6%, respectively. T ...

HPN Holdings, Inc. Executes Letter of Intent to Merge with Innovative Nonstandard Auto Insurance Provider Orange InsuranceHPN Holdings and Orange Insurance Merger Signals the Future of Nonstandard Auto Insurance With AI Technology UtilizationDecember 11, 2025 9:27 AM EST | Source: HPN Holdings, Inc.Chicago, Illinois--(Newsfile Corp. - December 11, 2025) - In a move signaling the future of nonstandard auto insurance, HPN Holdings, Inc. (OTCID: KICK) has executed a Letter of Intent to merge with ...

With a market cap of $25.4 billion, Cincinnati Financial Corporation (CINF) is a provider of property and casualty insurance products. The company operates through five key segments, offering a wide range of commercial, personal, excess and surplus, life insurance, and investment services. Companies valued at more than $10 billion are generally considered "large-cap" stocks, and Cincinnati Financial fits this criterion perfectly. In addition to insurance solutions, it also provides commercial leasing, fin ...

Core Insights - Reliance Global Group, Inc. has entered into a non-binding letter of intent to sell its subsidiaries, U.S. Benefits Alliance, LLC and Employee Benefits Solutions, LLC, as part of its strategy to monetize non-core assets and strengthen its balance sheet [1][2] - The company plans to use 50% of the net proceeds from the sale to reduce debt, enhancing its financial flexibility and capital structure [2][3] - The remaining proceeds will be allocated to business development initiatives, particularly focusing on expanding the platforms RELI Exchange and 5minuteinsure.com, which aim to innovate the insurance market [2][3] Company Strategy - The sale of the EBS/USBA business unit is a significant step in Reliance's transformation into a technology-first wholesale insurance organization [2] - The company emphasizes a disciplined capital allocation strategy, aiming to sharpen its focus on segments with the greatest long-term opportunities for scale and profitability [2][3] - Reliance Global Group is leveraging AI and cloud-based technologies to improve efficiencies in the insurance agency and brokerage industry [3] Business Platforms - RELI Exchange provides independent insurance agencies with a suite of business development tools to compete effectively against larger national agencies [3] - 5minuteinsure.com utilizes AI and data mining to deliver quick and personalized insurance quotes to consumers, enhancing user experience in purchasing auto, home, and life insurance [3]

Albert Anthony is the pen name of a Croatian-American business author who is a contributing analyst on investor platform & financial media site Seeking Alpha, where he has over +1K followers, & also writes for platforms like Investing dot com and is author of a new book on Amazon called Real Estate Investment Trusts (REITs): A Fundamental Analysis (2026 Edition).The author's background as a business information systems analyst also included the IT department at top 10 financial firm Charles Schwab, where he ...