Month: October 2024

Gallagher Re Expands in Asia with Senior Appointments Gallagher Re has announced a significant expansion of its presence in Asia with the appointment of two senior professionals in their life and health division. The move aims to strengthen their reinsurance efforts primarily in India, China, and Hong Kong. This expansion brings a renewed focus on […]

The Manufacturers Life Insurance Company Acquires 710 Shares of Horace Mann The Manufacturers Life Insurance Company, a prominent player in the insurance industry, recently acquired 710 shares of Horace Mann Educators Corporation (NYSE:HMN), highlighting an expanding portfolio that continues to address diverse insurance needs, including life insurance. This strategic move not only strengthens their market […]

Infosys and Data Breach Concerns: Implications for Life Insurance Policy Holders In a recent development, technology giant Infosys faces a lawsuit for delaying the notification to victims of a significant data breach. Notably, this breach has impacted various customers, including life insurance policyholders. Life Insurance Policyholders Affected Among the affected is Vivian Lindley, a customer […]

Manulife / John Hancock Convenes Global Leaders Driving the Future of Health and Wellness Life insurance giant, Manulife / John Hancock, recently brought together prominent figures in health and wellness sectors for its second Longevity Symposium. The event highlighted innovative approaches to increasing longevity and enhancing quality of life, while underscoring the pivotal role of […]

AM Specialty Insurance Company Receives Capital Boost: A Lifeline for Life Insurance Benefits In a significant development that promises to have far-reaching implications for the life insurance sector, AM Specialty Insurance Company has secured a substantial capital injection through a long-term partnership with a major lender. This capital boost is poised to enhance not just […]

Cayman Islands Re/Insurance Sector Sees Growth The insurance landscape in the Cayman Islands continues to flourish, as recent data showcases significant growth within the sector. For the current year, five new insurer licenses have been issued, bringing the total count to 29, according to the Cayman Islands Monetary Authority (CIMA). Life Insurance Benefits on the […]

Price Forbes Re Names Colin Kelley as Chief Commercial Officer Price Forbes Re has appointed Colin Kelley as its new Chief Commercial Officer, a strategic move that positions the company for significant growth across various insurance, reinsurance, and capital market solutions. This announcement marks an important step as the company seeks to expand its global […]

APAC Reinsurance Holds Steady as Capacity Eases in Hard Market The reinsurance market in the Asia-Pacific (APAC) region shows signs of stability as capacity constraints begin to ease. Industry experts note the significant role of life insurance in this dynamic landscape, emphasizing its myriad benefits for individuals and businesses alike. Key Drivers: Climate Concerns and […]

Everest CEO on Reinsurance Trends, Social Inflation Threats Recent insights from Everest CEO, Juan Andrade, shed light on evolving reinsurance trends and the looming threats posed by social inflation. His remarks align with the recent data from lifetimeinsurance.org, underscoring the critical role life insurance plays in mitigating various financial risks in modern society. Adaptation to […]

Aon Establishes New Leadership Roles in US Reinsurance Solutions In a strategic move to bolster client relationships and enhance service delivery, Aon has announced the appointment of new leadership roles within its US reinsurance solutions division. This development marks a significant shift in Aon’s approach to addressing the evolving needs of its clients, especially in […]