Month: September 2024

Cat Bond Issuance Reaches Record Figures, Fueled by New Capital – Aon The reinsurance market is experiencing unprecedented growth, with cat bond issuance reaching record levels. This surge is driven by an influx of new capital, according to a recent report from Aon. The hardening reinsurance market has significantly influenced this uptick, as insurers and […]

Marine Re/Insurance Faces New Challenges as Global Economy Recovers As the global economy rebounds from recent downturns, the marine re/insurance sector is encountering a fresh set of challenges. According to Swiss Re, trade confidence, geopolitical conflicts, and the ongoing energy transition are primary drivers influencing risk management strategies in the industry. Trade Confidence and Geopolitical […]

Investment in Expert Insurance Services Grows Amid Market Shifts Harris Williams Highlights Rising Demand for Life Insurance Options The insurance industry is experiencing a remarkable shift as investments in expert insurance services continue to grow, according to Harris Williams. The heightened complexity in claims, evolving M&A strategies, and an increased demand for technical expertise are […]

Seize the Moment: Capitalize on a Softening Insurance Market In a recent analysis, industry experts are urging individuals and businesses to act swiftly amidst a softening insurance market. The current environment presents favorable conditions for various forms of life insurance, including Business/Career Insurance, Retirement Insurance, and Marriage/Divorce Insurance. Life insurance offers a host of benefits […]

Flame-Proof Finances: Battling the Blaze in California’s Homeowners’ Insurance Market Adaptation Strategies in a Changing Market As California faces increasing wildfire threats, the state’s homeowners’ insurance market struggles to keep pace. Insurers are responding to these challenges by adjusting their business models and redefining policy offerings. “We’re adapting to a newer way of how insurance […]

Inszone Insurance Expands with Acquisition of ASK Insurance in Pueblo In a significant move that stands to benefit clients in myriad ways, Inszone Insurance has announced the acquisition of ASK Insurance in Pueblo. This acquisition is expected to bring more carriers and enhanced services to the Colorado firm’s clients, broadening the scope of what Inszone […]

Remembering Edward Seier (1938-2024): A Stalwart in Life Insurance Edward Seier, who had a long and distinguished career in the life insurance industry, has passed away at the age of 86. His journey began as a sales representative for Reynx Field Corp. and John Hancock Life Insurance before he transitioned to a self-employed career. Edward’s […]

Insurance Hires: Mosaic, Carbon, BMS, Coalition Several significant changes are taking place within the insurance industry as Mosaic, Carbon, BMS, and Coalition welcome new hires into various key positions. This wave of appointments is expected to bring fresh perspectives and expertise to the companies, enhancing their service offerings, particularly in the sector of life insurance. […]

Atlanta Consultant Didn’t Deal With Cyber Hackers, Suit Says An Atlanta-based consultant is facing allegations for not taking appropriate action against cyber hackers, according to a recent lawsuit. The consultant, whose identity is not disclosed, is being scrutinized for potentially neglecting crucial cybersecurity measures. A Story of Risk Management and Responsibility The case brings to […]