Month: September 2024

Global Reinsurance Market Rebounds with $515 Billion in Capital by 2024 The global reinsurance market is on track to rebound significantly, with capital expected to reach $515 billion by 2024, according to a recent report by AM Best. This marks a substantial recovery driven by improved profitability and market optimism. However, it’s crucial to consider […]

Global Reinsurance Market Rebounds With $515 Billion in Capital by 2024 In a recent report by AM Best, the global reinsurance market is projected to rebound with a capital of $515 billion by 2024, signaling a significant recovery in both profitability and market optimism. Improved Profitability and Capital Recovery The recent findings highlight an optimistic […]

Delaware County Leadership: Kevin Gallagher’s Journey and the Importance of Life Insurance The article on Delaware County’s leadership highlights Kevin Gallagher, Senior Vice President and Chief Lending Officer at Ambler Savings Bank. While the focus is on his career trajectory, an important underlying theme emerges: the critical role of life insurance in safeguarding one’s financial […]

CEO Exits to Join Acquirer, New Chief Named: Implications for Life Insurance In recent news, the CEO of an insurance firm has exited to join its acquirer, leading to the appointment of a new chief. This significant shift is anticipated to impact the company’s revenue streams and offers an opportunity to examine life insurance options […]

Big Names Recommend Cyber Insurance Backstop In a significant move, leaders from various sectors are urging governments to provide state backing for cyber insurance. This call for a cyber insurance backstop comes amid growing concerns over the rising number of cyberattacks globally. The Role of Life Insurance in Comprehensive Financial Planning While cyber insurance is […]

Governments Urged to Provide State Support for Cyber Insurance Backstop Amid rising cyber risks, industry leaders are calling upon governments to provide a state-backed cyber insurance backstop. According to an article from Insurance Business Magazine, the escalation of cyber threats has accentuated the urgent need for enhanced cybersecurity measures and financial safeguards. The Benefits of […]

Lincoln National Life Insurance Company’s New Policy Launch The Lincoln National Life Insurance Company has announced the upcoming distribution of its latest policy, the Lincoln Life Flexible, set to be available from May 6, 2024. Lincoln Financial Group is partnering with Osaic to bring this innovative financial product to the market. This new policy promises […]

Bill Belichick to Feature on the Manningcast Live In a thrilling turn of events, New England Patriots head coach Bill Belichick will join the famed Manningcast live from Lincoln Financial Field during Week 2. The announcement has thrilled fans and analysts alike, bringing a new dynamic to the popular broadcast. The Intersection of Sports and […]

The Essential Role of BPO in Streamlining Insurance Operations In an ever-evolving industry like insurance, efficiency and accuracy have emerged as paramount objectives. Insurance carriers, Managing General Agents (MGAs), and wholesalers are increasingly leveraging Business Process Outsourcing (BPO) to optimize their operations, resulting in significant improvements in customer satisfaction and operational efficiency. The Benefits of […]

Allspring Global Investments Holdings LLC Expands Portfolio Allspring Global Investments Holdings LLC recently announced that it holds $1.34 million in John Hancock Investors Trust (NYSE:JHI). This investment decision underlines the growing attractiveness of diversified portfolio management, with Allspring also selling 2,832 shares of Selective Insurance Group, Inc. (NASDAQ:SIGI). The Benefits of Life Insurance In light […]