Maurice 'Hank' Greenberg's insurance company, CV Starr & Co., donated $10 million to a super-PAC supporting Republican Jeb Bush's bid for the White House, making him one of the biggest contributors to the 2016 presidential race yet.

Reinsurance companies have been struggling to keep their pricing power in a multi-year price decline driven by an over-supply of reinsurance capacity and weaker demand from insurers.

As family structures in the U.S. have changed significantly, so have the financial concerns of new family configurations, Allianz reports.