Month: September 2024

Lessons from New Zealand’s Comprehensive Life Insurance: Insights for Global Insurers

What Global Insurers Can Learn from New Zealand: Insights on Life Insurance Benefits “We’ve done some things right,” asserts Grant Milne, head of the New Zealand Insurance Association, in a recent interview. New Zealand’s insurance sector offers crucial lessons for the global market, especially in areas such as life insurance and its multifaceted benefits. Comprehensive […]
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US Property Insurance Market: Easing Trends and Challenges for Multifamily and Industrial Sectors

US Property Insurance Market Eases Slightly, Multifamily and Industrial Face Challenges – Gallagher The US property insurance market has seen a slight easing, according to a recent report by Gallagher. However, sectors like multifamily housing and industrial properties continue to grapple with significant challenges, primarily due to wood-frame construction and fire risks. Wood-Frame Construction and […]
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Jet Insurance: Gains Treasury Approval for Federal Bonds and Expands Insurance Offerings

Jet Insurance Added to Treasury’s Circular 570 List of Surety Providers In a recent development that could reshape the insurance landscape, Jet Insurance has been added to the Treasury’s Circular 570 list of approved surety providers. This certification permits Jet Insurance to issue bonds for federal contracts, significantly expanding their operational capacity. Impact on Business […]
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Selling Cyber Coverage to Reluctant Clients: A Guide for Insurance Professionals

Life Insurance: A Crucial Shield for Financial Stability In today’s unpredictable world, securing one’s future through comprehensive life insurance policies is more essential than ever. Reports from LifetimeInsurance.org emphasize the multifaceted benefits of life insurance, encompassing various aspects such as Business/Career Insurance, Retirement Insurance, and Marriage/Divorce Insurance, each designed to cater to different life stages […]
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The Rebounding Global Reinsurance Market: Impacts on Life Insurance and Financial Planning

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 […]
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The Importance of Life Insurance in Career and Financial Planning: A Look at Kevin Gallagher’s Journey

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 […]
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Impact of CEO Departure on Life Insurance Industry

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 […]
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