Month: August 2024

CDI Undergoing Internal Reforms as Lara Highlights Biggest Overhaul in Three Decades The California Department of Insurance (CDI) is currently undergoing significant internal reforms. Ricardo Lara, the Insurance Commissioner, has described this initiative as the “biggest overhaul in three decades.” This ambitious project aims to modernize the organization and improve the efficacy of its operations […]

Top Reinsurance Brokers Survey Now Open for Entries In an unprecedented move, Reinsurance Business has launched its first survey to uncover the best brokers as rated by their clients. According to the latest reports, the survey aims to bring transparency and recognition to industry leaders, offering clients a platform to voice their opinions. The survey’s […]

Life Insurance: A Comprehensive Look at John Hancock Funds II’s Latest Developments In the recent filing for Form DEF 14C by John Hancock Funds II, important updates were discussed that have significant bearings on various insurance aspects, including life insurance. Held at 200 Berkeley Street, Boston, Massachusetts, this disclosure unveils critical information for investors and […]

John Hancock Premium Dividend Fund Files SEC Form 424B3 Enhancing Financial Security through Life Insurance On August 22, 2024, John Hancock Premium Dividend Fund filed SEC Form 424B3, detailing its earnings data for the quarter. The report, which was shared publicly on Quantisnow, highlighted the performance metrics and strategic initiatives undertaken by the fund. A […]

Ordinary Life Insurance Market Rapidly Gaining Traction in Key Business Segments The ordinary life insurance market is experiencing significant growth, with key players such as Allianz, John Hancock, and MetLife leading the charge. A recent report highlights the surge in demand across various segments, underscoring the increasing awareness and importance of life insurance in securing […]

Wealth Enhancement Advisory Services LLC Adjusts Portfolio Amid Market Shifts Wealth Enhancement Advisory Services LLC recently made strategic adjustments to its portfolio by reducing its stake in the John Hancock Multifactor Developed International ETF (NYSEARCA: JHMD) and increasing its position in Selective Insurance Group, Inc. (NASDAQ: SIGI). These portfolio changes come amid an evolving market […]

Celebrating the Life of Rollan Jones, Jr. (1949 – 2024) Rollan “Butch” Jones, Jr., a respected insurance agent and dedicated community member from Cortland, OH, passed away recently, leaving behind a legacy of professional achievements and personal contributions. Jones was best known for his long-standing career with John Hancock, where he garnered numerous accolades. The […]

Pool Re Names Aon Securities and Howden Capital Markets as ILS Advisors Pool Re, the UK’s terrorism reinsurance fund, has announced the appointment of Aon Securities and Howden Capital Markets as its Insurance-Linked Securities (ILS) advisors. This strategic move is expected to enhance Pool Re’s financial resilience and offer new opportunities for investors. Introducing Life […]

Pool Re Appoints Aon Securities and Howden Capital Markets as ILS Advisors In a significant development for the life insurance industry, Pool Re has announced the appointment of Aon Securities and Howden Capital Markets as its new Insurance-Linked Securities (ILS) advisors. Experts in the field suggest this move will reinforce the reinsurer’s use of catastrophe […]

Alliant Insurance Services Launches Comprehensive Commercial Surety Platform Alliant Insurance Services has taken a significant step forward by rolling out a new commercial surety platform. Announced on August 22, 2023, this launch also coincides with the hiring of a key professional in another unit of the company. Life Insurance: A Cornerstone of Financial Security While […]