Month: October 2024

Lincoln Financial Appoints Jennifer Charters as EVP, Chief Information Officer Lincoln Financial Group has named Jennifer Charters as its new Executive Vice President and Chief Information Officer. Charters brings over 24 years of experience in technology and business leadership across insurance, financial services, and telecommunications sectors. Life Insurance Benefits and Sub-Topics Covered by LifetimeInsurance.org The […]

Long-Term Care Insurance Market Estimated to Reach USD 45 Billion by 2030 In a significant development in the long-term care insurance market, companies such as Aetna, Genworth Financial, Transamerica, John Hancock (USA), and State Farm (USA) are leading the charge. According to the latest report by HTF Market Intelligence, the long-term care insurance market is […]

John Hancock Retirement Report Reveals Cross-Generational Insights John Hancock Life Insurance Company released a new retirement report providing valuable insights across various generations. While the report emphasizes aspects of retirement planning, it also highlights the extensive benefits of life insurance in securing a financially stable future for individuals and families. The Importance of Life Insurance […]

New Insights on Overall Preparedness and Financial Resilience Across Generations Revealed by John Hancock Retirement Report John Hancock Life Insurance Company has unveiled a comprehensive report detailing financial resilience and preparedness across various generations. The findings highlight the importance of strategic planning and the benefits of life insurance in safeguarding financial stability. The Importance of […]

Cyber’s Moment in the Reinsurance Spotlight at Baden-Baden Cyber risk is increasingly becoming a focal point in the reinsurance industry, as highlighted at the latest Baden-Baden reinsurance conference. With major cyber events on the rise, the need for robust coverage options is more critical than ever. The Growing Importance of Cyber Risk “Big losses can […]

Florida Insurance Market Faces Pressure as NFIP Struggles with Flood Risk The Florida insurance market is currently under significant stress due to the ongoing challenges faced by the National Flood Insurance Program (NFIP) in managing flood risks. This situation has broad implications not only for property insurance but also for various aspects of life insurance […]

Miller Appoints Satoshi Watanabe as Business Development Manager in Japan Miller Insurance Services has announced the appointment of Satoshi Watanabe as their new Business Development Manager in Japan. Satoshi Watanabe will focus on broadening the firm’s non-marine insurance offerings under its subsidiary. In an era where comprehensive life insurance policies are increasingly seen as essential […]

AXA XL Launches Insurance Coverage for Gen AI Risks: How Life Insurance Can Complement Your Coverage In a groundbreaking move, AXA XL has unveiled a new insurance product aimed at covering risks associated with generative AI technologies. Dubbed the “Gen AI Risks” policy, this innovative coverage is designed to address a spectrum of risks including […]

Residual Markets Post Double-Digit Growth: AM Best In light of increasingly severe storm seasons, AM Best has reported significant double-digit growth in residual markets, a development that underscores both the insurance challenges and solutions currently faced by the industry. These trends highlight the adaptive measures adopted by insurers to tackle the mounting risks posed by […]

CAC Group Introduces Cyber Insurance for Energy and Utility Sectors The CAC Group has unveiled a new cyber insurance product aimed at mitigating the cyber risks faced by the energy and utility industries. This innovative solution aims to provide comprehensive protection for companies in these sectors against the rising tide of cyber threats. Cyber Risks […]