Month: September 2024

John Hancock Life Insurance Announces Form 485BPOS Filing John Hancock Life Insurance Company (U.S.A.), based at 200 Berkeley Street, Boston, MA 02116, has recently filed Form 485BPOS as reported by StreetInsider. The filing underscores the company’s ongoing commitment to compliance and transparency in the financial industry, with implications for various forms of life insurance. Understanding […]

Lloyd’s in Major Tie-Up with World Bank Group Lloyd’s has recently entered into a strategic partnership with the World Bank Group, aiming to enhance support for various development projects worldwide. This collaboration emphasizes the pivotal role of reinsurance in facilitating financial stability and development in emerging economies. Reinsurance and Development Projects The new alliance between […]

Lloyd’s in Major Partnership with World Bank Group Reinsurance Facilitates Support for Development Projects A groundbreaking alliance has been formed between Lloyd’s and the World Bank Group aimed at bolstering development projects across the globe. The partnership, which was officially announced on September 26, 2024, seeks to leverage Lloyd’s sophisticated risk management capabilities to provide […]

Life Insurance: The Ultimate End-to-End Solution for Financial Security In today’s rapidly changing and increasingly digital world, the need for comprehensive life insurance coverage has never been more crucial. Innovative solutions like Selectsys Max and Selectsys Hub are revolutionizing the insurance landscape. These platforms provide all-encompassing, flexible, and scalable management systems to help individuals and […]

John Hancock Mutual Funds for Impressive Returns, Highlighting the Benefits of Life Insurance John Hancock Life Insurance Company, established in 1862 and later acquired by Manulife Financial in 2004, has consistently offered a wide range of financial products aimed at securing the future of its clients. Recently, their mutual funds have been recognized for impressive […]

Falvey Insurance Raises $25,000 for RISPCA at Charity Golf Tournament Falvey Insurance Group demonstrated its commitment to charitable causes by raising $25,000 for the Rhode Island Society for the Prevention of Cruelty to Animals (RISPCA) through its annual charity golf tournament. The event, which took place recently, gathered nearly 100 participants, underscoring the community’s support […]

A-G Specialty Insurance Acquires eSportsInsurance In a move that underscores the evolving nature of the insurance industry, A-G Specialty Insurance has announced its acquisition of eSportsInsurance. This acquisition follows closely behind the firm’s recent deal with Gallagher, signaling A-G Specialty Insurance’s robust strategy to expand its offerings in niche markets. Expanding into the Digital Competitive […]

Where Have Insurance DEI Initiatives Gone Right and Wrong? A host of professionals at the NAAIA summit give their verdict This year’s National African American Insurance Association (NAAIA) summit highlighted several key issues in the diversity, equity, and inclusion (DEI) initiatives within the insurance sector. Industry experts shared their insights on both the progress made […]

Cost Comparison: EVs, Hybrids, and ICE Vehicles A recent study conducted by Mercury Insurance has shed light on the financial implications of owning different types of vehicles, namely Electric Vehicles (EVs), Hybrids, and Internal Combustion Engine (ICE) cars. The results reveal that while EVs might have higher upfront costs, their long-term savings and environmental benefits […]

Reinsurance Prices Set to Rise, but 2025 May See Market Softening – Fitch As reinsurance prices are forecasted to increase, Fitch Ratings indicates a potential market softening by 2025, despite continued rate hikes expected in the coming years. Impact on Life Insurance Policies The rise in reinsurance costs inevitably affects various life insurance products, including […]