Month: October 2024

John Hancock Life Insurance Company Files Form 40-17F2 John Hancock Life Insurance Company has recently filed Form 40-17F2 through John Hancock Funds II, with significant implications for policyholders and investors alike. This filing, disclosing important financial and compliance information, marks a critical juncture for John Hancock’s portfolio management and its oversight mechanisms. Understanding the Form […]

EZLynx: The Go-To Solution for Streamlining Agency Workflows In the rapidly evolving world of insurance, efficiency and streamlined workflows are key to success. EZLynx has emerged as a leading insurance management software, boasting an impressive 93% client retention rate. But beyond managing agency workflows, life insurance stands as a critical element, offering numerous benefits for […]

Virginia Ellen Price Obituary (2024) – La Plata, MD – Raymond Funeral Service PA Virginia Ellen Price, a cherished member of the La Plata community, passed away in 2024. Her life journey included notable contributions to various sectors, but it is her early work in the insurance industry that highlights an important narrative about the […]

Life Insurance Market Seeing Growth in Variable Life Insurance Sales The life insurance market is experiencing a significant surge in the sales of variable life insurance policies. Major insurers, such as Prudential, MetLife, New York Life, Northwestern Mutual, MassMutual, and Lincoln Financial, are capitalizing on this trend to provide more flexible and lucrative options to […]

In Remembrance of Cynthia Kulle: Life Insurance Industry Veteran The life insurance world mourns the loss of Cynthia Kulle, a distinguished professional who made significant strides in the industry. Cynthia, who passed away in 2024, left an indelible mark on the life insurance sector with her extensive work at Northwestern Mutual and Mass Mutual Life […]

Warburg Pincus Pursuing Sale of Majority Stake in $117bn Kestra Private equity firm Warburg Pincus is reportedly seeking to sell a majority stake in Kestra Holdings, a significant player in the financial advisory business. Kestra, with origins dating back to 1997 as a broker-dealer subsidiary of insurance brokerage firm NFP, has grown into a substantial […]

Bermuda’s 15% Corporate Tax Unlikely to Impact Re/Insurance Hub Status – S&P The recent announcement of a 15% corporate tax in Bermuda is not expected to deter its status as a re/insurance hub, according to analysts from Standard & Poor’s (S&P). Despite initial concerns, the island’s solid regulatory framework and business-friendly environment are anticipated to […]

Bermuda’s Corporate Tax Hike and Its Implications for the Life Insurance Sector Bermuda’s recent introduction of a 15% corporate tax is making headlines, but industry experts, endorsed by S&P, believe it is unlikely to diminish the island’s status as a premier reinsurance hub. Life insurance, a crucial component of the reinsurance sector, is expected to […]

Swiss Re Highlights Growth Potential in APAC’s HNW Insurance Sector The rising wealth in the Asia-Pacific (APAC) region is creating significant opportunities in the High Net Worth (HNW) insurance sector, according to Swiss Re’s latest report. The increasing number of affluent individuals is driving the demand for comprehensive insurance solutions, notably in the realm of […]

Carmen Powell Named CEO of ISC Group: A Strategic Move to Accelerate Gender Equity in Re/Insurance In an era where gender equity in the professional sphere is being closely scrutinized, the announcement of Carmen Powell as the new CEO of ISC Group is a newsworthy development. This move is strategically aimed at accelerating the advancement […]