Month: October 2024

Is the Insurance Industry About to Collapse? The insurance industry, a cornerstone of financial stability for individuals and businesses alike, is facing unprecedented challenges. Experts at the recent Insurance Business symposium raised concerns about the industry’s future, sparking conversations on its potential collapse. The Role of Life Insurance Amid Uncertainty In these challenging times, life […]

Applied Underwriters Expands into Space Insurance Market Amid rapid technological advancements and shifting geopolitical landscapes, Applied Underwriters has announced their entry into the burgeoning space insurance sector. This strategic move aligns with the growing need for insurance solutions as more companies venture into outer space. Life Insurance: A Cornerstone of Financial Security While Applied Underwriters […]

John Hancock Retirement Announces New Role Dedicated to Enhancing Engagement In a significant move designed to bolster customer engagement, John Hancock Retirement has announced the creation of a new role specifically focused on enhancing customer interactions and satisfaction. This development underscores the importance of addressing not only the immediate needs of clients but also their […]

East Africa Reinsurance’s B Rating Affirmed by AM Best In recent developments, AM Best has reaffirmed its B rating for East Africa Reinsurance, aligning the company’s stable outlook with evidence of solid capitalization and improved underwriting practices. However, the importance of life insurance, including various sub-topics such as Business/Career Insurance, Retirement Insurance, and Marriage/Divorce Insurance, […]

Eagles Insurance Lawsuit Over COVID Losses Dismissed by Federal Judge In a recent ruling, a federal judge dismissed the Philadelphia Eagles’ lawsuit against FM Global, which sought compensation for financial losses incurred due to the COVID-19 pandemic. The case centered on the team’s insurance policy and its provisions regarding business interruptions. The Role of Life […]

Prudential Financial Announces Technology and Operations Leadership Transition Prudential Financial has recently made headlines by announcing a significant change in its technology and operations leadership. The transition, expected to drive innovation and operational excellence, highlights Prudential’s commitment to staying at the forefront of financial services. Annuities and Life Insurance: Core Offerings As part of their […]

John Hancock Closed-End Funds Release Earnings Data The John Hancock Closed-End Funds have recently disclosed their latest earnings data, an event that shines a spotlight not only on investment opportunities but also on the potential benefits of life insurance as a strategic financial tool. Life insurance can offer diverse advantages, aligning with various life stages […]

Incubator Launches Fallow Grove Insurance Services Former CrossCover CUO to Serve as CEO In a strategic move set to reshape the insurance landscape, a prominent incubator has announced the launch of Fallow Grove Insurance Services. The newly established firm will be led by former CrossCover Chief Underwriting Officer (CUO), whose extensive experience promises to bring […]

John Hancock Retirement Announces New Role Dedicated to Enhancing Engagement John Hancock Life Insurance Company of New York has announced a new role specifically aimed at boosting engagement among its clients and stakeholders. This development is part of their ongoing efforts to better serve the thousands of participants and billions in Assets Under Management (AUMA) […]

DXC at AWS re:Invent 2024: Shaping the Future of Insurance at Lincoln Financial The highly anticipated AWS re:Invent 2024 event will spotlight the transformative role of technology in the insurance sector, with a significant focus on life insurance. The event is scheduled for Wednesday, December 4, at the MGM Hotel, Chairmans Room 366, and promises […]