Year: 2024

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 […]

Incubator Launches Fallow Grove Insurance Services Former CrossCover CUO to Serve as CEO In a strategic move set to reshape the insurance landscape, a prominent incubator has announced the launch of Fallow Grove Insurance Services. The newly established firm will be led by former CrossCover Chief Underwriting Officer (CUO), whose extensive experience promises to bring […]

John Hancock Retirement Announces New Role Dedicated to Enhancing Engagement John Hancock Life Insurance Company of New York has announced a new role specifically aimed at boosting engagement among its clients and stakeholders. This development is part of their ongoing efforts to better serve the thousands of participants and billions in Assets Under Management (AUMA) […]

DXC at AWS re:Invent 2024: Shaping the Future of Insurance at Lincoln Financial The highly anticipated AWS re:Invent 2024 event will spotlight the transformative role of technology in the insurance sector, with a significant focus on life insurance. The event is scheduled for Wednesday, December 4, at the MGM Hotel, Chairmans Room 366, and promises […]

Stonefort Reinsurance’s A- Rating Affirmed by AM Best On October 17, 2024, AM Best reaffirmed the A- (Excellent) rating for Stonefort Reinsurance Co., recognizing the company’s robust capitalization. However, a stable outlook is accompanied by caution towards potential market volatility that could impact long-term performance. Insight into Stonefort Reinsurance’s Rating AM Best’s rating reflects Stonefort […]

Inszone Expands Footprint Through MG Insurance Acquisition Inszone Insurance Services has recently acquired MG Insurance, marking a significant expansion in its contractor insurance offerings and strengthening its presence in California’s Bay Area. This acquisition highlights Inszone’s strategic growth and emphasis on providing comprehensive insurance solutions tailored to various life stages and business needs, including life […]

AXA Renames Reinsurance Arm in Mainland China In a move to solidify its presence in the Chinese market, AXA has successfully received regulatory approval to rename its reinsurance arm in Mainland China. The restructured entity aims to provide more robust insurance solutions, catering to a wider range of clientele. Enhanced Services to Include Life Insurance […]

Can Telematics Drive Fairness in Auto Insurance by Reducing Bias? The advent of telematics is being hailed as a game-changer in the auto insurance industry, promising to reduce bias and introduce a fairer system for policyholders. Telematics involves the use of GPS and onboard diagnostics to track driving behavior, creating a more personalized insurance plan. […]

Accidental Death and Dismemberment Insurance Market Doubtless The Accidental Death and Dismemberment (AD&D) insurance market is showing robust growth, according to a recent analysis by openPR.com. Companies like Lincoln Financial Group and Hartford are major players in this expanding sector, underlining the importance of AD&D insurance in today’s risk-aware society. The Role of Life Insurance […]

IIS Announces Finalists for 2024 RGA Leaders of Tomorrow Award The International Insurance Society (IIS) has recently announced the finalists for the prestigious 2024 RGA Leaders of Tomorrow Award. This annual accolade celebrates young, innovative professionals in the field of insurance. The three finalists will vie for the top honor at the Global Insurance Forum […]