Month: October 2024

Lincoln Financial Releases Its Q4 Market Intel Exchange Report, Highlights Industry Trends and Investment Insights Lincoln Financial, widely recognized under the marketing name for Lincoln National Corporation and its insurance company affiliates, including The Lincoln National Life, has released its Q4 Market Intel Exchange Report. This comprehensive analysis sheds light on the prevailing industry trends […]

BHSI Expands in DACH Region with New PI and Cyber Insurance Lines Berkshire Hathaway Specialty Insurance (BHSI) has announced the expansion of its operations in the DACH region, comprising Germany, Austria, and Switzerland, by introducing new Professional Indemnity (PI) and Cyber Insurance lines. The establishment of a new office in Hamburg further underscores BHSI’s commitment […]

Labor Report Shows 254K Jobs Added in September The latest labor report reveals that 254,000 new jobs were created in September, reflecting a robust job market. This development has significant implications, particularly in the realm of life insurance and related financial planning. The Importance of Life Insurance in a Booming Job Market As job opportunities […]

Satellite Insurance – The Overlooked Necessity for Businesses In today’s modern era, space technology is no longer an intangible dream but a reality that businesses are increasingly investing in. Satellite insurance is emerging as a critical component in the commercial space sector. Companies venturing into space-related activities are recognizing the need for robust insurance strategies […]

Life Insurance: A Holistic Approach to Addressing Modern Threats The evolving market of life insurance has recently expanded its focus to encompass a range of emerging threats, including those posed by artificial intelligence (AI) and data privacy risks. This shift was highlighted during a recent panel discussion organized by the Wholesale & Specialty Insurance Association […]

Travel Insurance Market Forecast to See Significant Revenue Hike by 2031 New reports indicate that the travel insurance market is set to experience a substantial revenue increase by the year 2031. Industry leaders such as IMG Travel Insurance, InsureandGo, John Hancock Travel Insurance, and Nationwide Mutual Insurance Company are expected to contribute significantly to this […]

Annexus & North American Secure ‘Deal of the Year, Annuities’ at SRP Americas 2024 Awards Annexus, in collaboration with North American, has bagged the coveted ‘Deal of the Year, Annuities’ award at the SRP Americas 2024 Awards. Annexus, known for its market-redefining insurance products, continues to set industry standards. North American’s partnership with Annexus in […]

Adaptive Insurance Launches GridProtect to Combat Power Outage Risks In a significant move to support businesses grappling with climate-related power disruptions, Adaptive Insurance has rolled out GridProtect, a specialized insurance product. This initiative aims to provide immediate financial relief to businesses affected by power outages, which have been on the rise due to increasing climatic […]

Impact of the US-EU Covered Agreement on Reinsurance Market The reinsurance market is poised for a significant transformation with the implementation of the US-EU Covered Agreement. This new framework aims to reduce the collateral requirements for European Union-based reinsurers operating in the U.S. market. However, it’s vital to understand the elements of this agreement and […]

Paul Schultz Appointed as Global Vice Chair of Aon’s Reinsurance Solutions Aon, a prominent global professional services firm, has named Paul Schultz as the new Global Vice Chair of its Reinsurance Solutions unit. This strategic move aims to bolster the company’s capacity and expand third-party capital for its clients. The Strategic Importance of Life Insurance […]