Year: 2024

Bank On Impact: Amalgamated Enters Its Second Centennial Of Service In an era marked by financial instability, Amalgamated Bank has remarkably entered its second century of service, emphasizing community impact and financial responsibility. This milestone has put the spotlight on the importance of securing one’s financial future, not just through savings and investments, but also […]

Big Data’s Transformative Impact on Life Insurance In the evolving landscape of the insurance industry, the integration of big data stands out as a pivotal development, promising to revolutionize how policies are crafted and services are rendered. Victor Insurance recently highlighted the indispensable role that agents can play by leveraging analytics to enhance client relationships. […]

US Insurance Employment Surpasses 3 Million The latest data from the US Department of Labor indicates that insurance employment has reached a new milestone, exceeding 3 million jobs. This growth is primarily driven by a surge in employment within agencies and brokerages, a trend bolstered by increasing demand for comprehensive life insurance policies. Life Insurance […]

Swiss Re Foresees Rising Demand for Reinsurance Amid Increasing Global Risks Swiss Re, one of the world’s leading reinsurance companies, has projected a significant increase in the demand for reinsurance solutions as global risks continue to diversify and intensify. This announcement was made during the ongoing Rendez-Vous event held annually in Monte Carlo, where key […]

Swiss Re Foresees Rising Demand for Reinsurance Amid Increasing Global Risks The growing complexities of the global risk landscape have catalyzed a surge in demand for reinsurance, according to a recent report from Swiss Re. The insights were shared at the renowned Rendez-Vous event in Monte Carlo, placing a spotlight on the critical need for […]

Renewable Energy Growth to Drive Reinsurance Demand – Howden Re The renewable energy sector is witnessing unprecedented growth, creating a surge in demand for specialized reinsurance solutions. According to a recent report by Howden Re, the expansion in solar, wind, and battery storage projects necessitates tailored approaches to risk management. Life Insurance: A Crucial Component […]

Munich Re Eyes Risk-Adequate Rates Amid Growing Complexities and Loss Trends Amid an increasingly complex landscape and evolving loss trends, Munich Re is focusing on establishing risk-adequate rates that meet the current demands of the reinsurance market. Despite these challenges, the demand for reinsurance remains robust. “We’re facing an unprecedented era where complexities in risk […]

Munich Re Eyes Risk-Adequate Rates Amid Growing Complexities and Loss Trends In light of evolving complexities and rising loss trends, Munich Re is setting its sights on implementing risk-adequate rates. The demand for reinsurance remains robust despite the multifaceted challenges the industry faces. Reinsurance Demand Remains Robust The insurance industry is currently grappling with an […]

Oak Re Syndicate 2843 Gains Lloyd’s Approval to Begin Operations in 2025 In a significant development for the reinsurance sector, Oak Re Syndicate 2843 has received approval from Lloyd’s of London to commence operations in 2025. This approval marks a critical milestone, potentially influencing how businesses and individuals approach risk management and insurance planning. The […]