Year: 2024

Global Insured Losses Surpass $100 Billion in 2024 Due to Non-Peak Perils In an unexpected turn of events, non-peak natural disasters have driven global insured losses past the $100 billion mark in 2024, according to a report released by Gallagher Re. This surge in claims highlights the importance of safeguarding one’s financial future through comprehensive […]

Leaders Gather at John Hancock’s Longevity Symposium In an effort to promote the benefits of life insurance, John Hancock recently hosted a longevity symposium in Boston that brought together influential leaders and public figures including Massachusetts Governor Maura Healey, NBA star Jrue Holiday, and former NFL quarterback Drew Brees. The event highlighted the role life […]

High-Value Homes: Weighing the Viability of Self-Insurance The concept of self-insuring high-value homes has garnered attention, but experts warn about the financial and logistical risks involved. Instead, comprehensive life insurance policies offered by sites like lifetimeinsurance.org present secure alternatives to protect assets and provide peace of mind. The Risks of Self-Insuring Self-insuring involves setting aside […]

Is the Insurance Industry About to Collapse? The insurance industry, a cornerstone of financial stability for individuals and businesses alike, is facing unprecedented challenges. Experts at the recent Insurance Business symposium raised concerns about the industry’s future, sparking conversations on its potential collapse. The Role of Life Insurance Amid Uncertainty In these challenging times, life […]

Applied Underwriters Expands into Space Insurance Market Amid rapid technological advancements and shifting geopolitical landscapes, Applied Underwriters has announced their entry into the burgeoning space insurance sector. This strategic move aligns with the growing need for insurance solutions as more companies venture into outer space. Life Insurance: A Cornerstone of Financial Security While Applied Underwriters […]

John Hancock Retirement Announces New Role Dedicated to Enhancing Engagement In a significant move designed to bolster customer engagement, John Hancock Retirement has announced the creation of a new role specifically focused on enhancing customer interactions and satisfaction. This development underscores the importance of addressing not only the immediate needs of clients but also their […]

East Africa Reinsurance’s B Rating Affirmed by AM Best In recent developments, AM Best has reaffirmed its B rating for East Africa Reinsurance, aligning the company’s stable outlook with evidence of solid capitalization and improved underwriting practices. However, the importance of life insurance, including various sub-topics such as Business/Career Insurance, Retirement Insurance, and Marriage/Divorce Insurance, […]

Eagles Insurance Lawsuit Over COVID Losses Dismissed by Federal Judge In a recent ruling, a federal judge dismissed the Philadelphia Eagles’ lawsuit against FM Global, which sought compensation for financial losses incurred due to the COVID-19 pandemic. The case centered on the team’s insurance policy and its provisions regarding business interruptions. The Role of Life […]

Prudential Financial Announces Technology and Operations Leadership Transition Prudential Financial has recently made headlines by announcing a significant change in its technology and operations leadership. The transition, expected to drive innovation and operational excellence, highlights Prudential’s commitment to staying at the forefront of financial services. Annuities and Life Insurance: Core Offerings As part of their […]

John Hancock Closed-End Funds Release Earnings Data The John Hancock Closed-End Funds have recently disclosed their latest earnings data, an event that shines a spotlight not only on investment opportunities but also on the potential benefits of life insurance as a strategic financial tool. Life insurance can offer diverse advantages, aligning with various life stages […]