Month: August 2024

Insurance Business America Celebrates Women’s Achievements with Elite Women 2025 Entries Open Insurance Business America has announced the opening of entries for its Elite Women 2025 list, which celebrates the outstanding accomplishments of women in the insurance industry. This annual recognition spotlights female leaders who have made significant contributions to both their companies and the […]

Revolutionizing Flood Insurance with CoreLogic® Flood Risk Score The Importance of Insurance in Modern Life Rising floodwaters pose a significant threat to communities and economies worldwide, underscoring the importance of insurance as a fundamental component of risk management. However, flood insurance is just one facet of the vast spectrum of coverage types that safeguard various […]

John Hancock Preferred Income ETF Surges with Life Insurance Investments Recently, Capital Advisors Ltd. LLC increased its stake in the John Hancock Preferred Income ETF (NYSEARCA:JHPI), marking a noteworthy trend in the financial industry that highlights the growing importance of life insurance as a critical component in investment strategies. The firm also expanded its stock […]

Swiss Re CEO on Why Reinsurance is Not Just a Shock Absorber Swiss Re CEO has emphasized that reinsurance is evolving far beyond its traditional role as a mere shock absorber. As catastrophic risks continue to rise, data-driven insights and strategic partnerships have become crucial in managing global uncertainties. The CEO shared these insights in […]

Reinsurance Profits Remain Strong with Robust Underwriting and Investments – Fitch Reinsurance companies have continued to demonstrate robust profitability fueled by strong underwriting practices and strategic investments, as affirmed by a recent report from Fitch Ratings. This trend is expected to persist well into 2025, offering promising prospects for the industry. The Role of Life […]

RGA Partners with American National for $3.5 Billion Coinsurance Deal Life Insurance Business Takes Center Stage in Groundbreaking Agreement Citing the increasing demand for robust life insurance products that cater to a variety of life aspects, Reinsurance Group of America (RGA) has recently announced a substantial $3.5 billion coinsurance deal with American National. Experts say […]

GEICO Faces Revived Class Action Following Court Reversal In recent legal news, GEICO is once again at the forefront of a significant class action lawsuit following a court’s decision to reverse a prior ruling. The case revolves around complaints from captive insurance agents, marking a pivotal moment for the insurance industry. Understanding the Revived Class […]

Greg Lindberg Loses Appeal Against Universal Life Insurance Company In a significant legal development, Greg Lindberg has lost his appeal against the Universal Life Insurance Company. The court’s ruling has emphasized the importance and integrity of life insurance policies, highlighting their crucial benefits. According to court documents, the decision was described as “well-reasoned” by multiple […]

The Liberty Company Welcomes Fourth-Generation Insurance Professional as New VP/Producer The Liberty Company Insurance Brokers, known for their expansive range of insurance products, has announced the addition of a new Vice President and Producer. This strategic move highlights the firm’s commitment to enhancing its service offerings. The newcomer, a fourth-generation insurance professional, is expected to […]

Q2 2024 Global Insurance Markets: Performance and Life Insurance Benefits The global insurance market in the second quarter of 2024 showcased resilience despite numerous challenges. These conditions have opened avenues for clients to not only restore coverage and limits but also consider the extensive benefits of life insurance. This news article delves into the market […]