Year: 2024

TWFG Closes $187M IPO, Highlights Importance of Life Insurance John Hancock names head of insurance; American Financial Group promotes JD Rogers to Chief Information Security Officer (CISO) in a week filled with significant career moves. On July 21, 2024, TWFG completed its initial public offering (IPO), raising an impressive $187 million. This substantial sum underscores […]

AM Best Affirms Credit Rating of Lion Re: Outlook for Reinsurance Company Remains Stable AM Best has reaffirmed the credit rating of Lion Re, maintaining the company’s stable outlook. This decision highlights the financial reliability and robust capitalization of Lion Re amidst evolving market conditions. The Importance of Life Insurance in Financial Stability Life insurance […]

ABIR Executives Meet with National Association of Insurance Commissioners Executives from the Association of Bermuda Insurers and Reinsurers (ABIR) recently convened with the National Association of Insurance Commissioners (NAIC) to discuss prevailing market trends and shared interests. This high-profile meeting shines a light on the critical role that insurance, particularly life insurance, plays in securing […]

Life Insurance: An Invaluable Asset for Construction Companies Life insurance is proving to be an invaluable asset for construction companies across the USA, offering substantial benefits that span beyond mere financial protection. According to industry experts, sound risk management strategies are integral to the success of construction projects. LifetimeInsurance.org provides comprehensive guidance on various sub-topics […]

Massachusetts Bill Would Establish Health Insurance Bureau A new legislative proposal in Massachusetts aims to create a Health Insurance Bureau, which would be responsible for reviewing insurance rates, overseeing policy compliance, and ensuring affordability for residents. This news comes at a critical time when the broader spectrum of insurance, including life insurance, is gaining attention […]

Berkshire Hathaway Specialty Insurance Launches Surety in Spain Berkshire Hathaway Specialty Insurance (BHSI) has announced the launch of its surety operations in Spain, a strategic move aimed at deepening its presence in the European market. The company’s latest initiative is part of a broader plan to provide comprehensive insurance solutions tailored to a diverse range […]

Recognition Opportunities for Industry Veterans in the 2024 Hall of Fame The search is on for this year’s exceptional industry veterans, who could earn a coveted place in Insurance Business America’s Hall of Fame 2024. This annual event is not just a prestigious honor but also provides an excellent opportunity to highlight the critical benefits […]

John Hancock Names New Head of Insurance In a significant move for the insurance industry, John Hancock, in collaboration with its parent company Manulife, has appointed Hector Martinez as the new Head of Insurance. Martinez transitions from his tenure at Equitable, where he demonstrated exceptional leadership in the insurance sector. Benefits of Life Insurance This […]

Life Insurance Enhancements: New Business Ventures and Leadership Shifts Life insurance continues to evolve, providing a safety net across various stages of life, from career and business ventures to retirement planning. Otonomi recently announced the expansion of parametric cargo insurance to more transport modes, underlining the importance of tailored insurance solutions for different sectors. Innovative […]

John Hancock Multifactor Developed International ETF Sees Strong Trading Volume The John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) has experienced a significant boost in trading volume. This uptick is partly attributed to The Manufacturers Life Insurance Company increasing its position in the ETF by 0.4% during the fourth quarter. The Role of Life Insurance in […]