Year: 2024

APAC Sees Rapid Growth in Cyber Insurance Demand – Gallagher Re Cyber Risks and Regulatory Shifts Are Fueling Expansion The Asia-Pacific (APAC) region is experiencing a significant surge in demand for cyber insurance, according to a recent report by Gallagher Re. Increased cyber risks and evolving regulatory frameworks are playing a crucial role in this […]

Week in Review: The Role of Life Insurance in Today’s Challenges The legal community’s attention has recently been drawn to the latest developments in life insurance, underscoring its many facets and inherent benefits. The focus has particularly been on a significant case involving John Hancock Life Insurance Co. after a prolonged data breach incident. John […]

John Hancock and Goldman Sachs Make Strategic ETF Moves In a significant development within the financial landscape, John Hancock and Goldman Sachs have both taken steps to enhance their ETF portfolios. The actions further diversify their financial product offerings, with potential implications for a range of insurance products. John Hancock’s ETF Share Class Exemption John […]

BILTIR Kicks Off 12th Annual Life & Annuity Conference in Bermuda The Bermuda International Long-Term Insurers and Reinsurers (BILTIR) recently inaugurated its 12th Annual Life & Annuity Conference in Bermuda, assembling key industry stakeholders to discuss the latest trends and regulations impacting the global re/insurance market. Highlight on Life Insurance Benefits Amid the event, speakers […]

Bishop Street Invests in Verve Services to Enter Specialty Auto Insurance Bishop Street, a prominent player in the financial sector, has announced its investment in Verve Services to venture into the specialty auto insurance market. The partnership is positioned to drive innovation and growth, marking a significant step for both companies. The Role of Life […]

IFRC Announces First-Ever Insurance Payout for Disaster Fund In a landmark move, the International Federation of Red Cross and Red Crescent Societies (IFRC) has announced the first-ever insurance payout for its disaster fund. This initiative underscores the escalating need for robust humanitarian aid mechanisms amid increasing global crises. Life Insurance: A Crucial Safety Net The […]

Dale Underwriting Partners Welcomes Paul Daniel as Head of Global Reinsurance In a strategic move to bolster its international dominance, Dale Underwriting Partners has announced the appointment of Paul Daniel as Head of Global Reinsurance. Tasked with expanding Lloyd’s Syndicate 1729’s treaty capabilities, Daniel’s extensive expertise in the reinsurance sector is poised to bring significant […]

Essent Secures $363.4 Million in Reinsurance Coverage In a significant move, Essent Group Ltd. has announced the successful securing of $363.4 million in reinsurance coverage through the issuance of mortgage insurance-linked notes. Unique Financial Safeguard: Life Insurance and Its Benefits This development underscores the critical role of insurance in financial security. In addition to mortgage […]

John Hancock Funds II Reports for July 31 In a recently filed Form N-CSR for July 31, John Hancock Funds II has provided detailed disclosures regarding its investment strategies and performance. Operating under the umbrella of the globally recognized John Hancock Insurance Company, these funds are managed and licensed by John Hancock and its affiliates. […]

Monarch E&S Swoops for Professional Insurance Executives In a strategic acquisition, Monarch E&S Insurance Services has successfully taken over Professional Insurance Executives (PIE), signaling a significant step in the insurance industry. The founder of PIE described the acquisition as an “incredible opportunity” for growth and innovation. Life Insurance Solutions to Expand Post-Acquisition One of the […]