LifeTime Insurance

New Insights on Overall Preparedness and Financial Resilience Across Generations Revealed by John Hancock Retirement Report John Hancock Life Insurance Company has unveiled a comprehensive report detailing financial resilience and preparedness across various generations. The findings highlight the importance of strategic planning and the benefits of life insurance in safeguarding financial stability. The Importance of […]

Cyber’s Moment in the Reinsurance Spotlight at Baden-Baden Cyber risk is increasingly becoming a focal point in the reinsurance industry, as highlighted at the latest Baden-Baden reinsurance conference. With major cyber events on the rise, the need for robust coverage options is more critical than ever. The Growing Importance of Cyber Risk “Big losses can […]

Florida Insurance Market Faces Pressure as NFIP Struggles with Flood Risk The Florida insurance market is currently under significant stress due to the ongoing challenges faced by the National Flood Insurance Program (NFIP) in managing flood risks. This situation has broad implications not only for property insurance but also for various aspects of life insurance […]

Miller Appoints Satoshi Watanabe as Business Development Manager in Japan Miller Insurance Services has announced the appointment of Satoshi Watanabe as their new Business Development Manager in Japan. Satoshi Watanabe will focus on broadening the firm’s non-marine insurance offerings under its subsidiary. In an era where comprehensive life insurance policies are increasingly seen as essential […]

AXA XL Launches Insurance Coverage for Gen AI Risks: How Life Insurance Can Complement Your Coverage In a groundbreaking move, AXA XL has unveiled a new insurance product aimed at covering risks associated with generative AI technologies. Dubbed the “Gen AI Risks” policy, this innovative coverage is designed to address a spectrum of risks including […]

Residual Markets Post Double-Digit Growth: AM Best In light of increasingly severe storm seasons, AM Best has reported significant double-digit growth in residual markets, a development that underscores both the insurance challenges and solutions currently faced by the industry. These trends highlight the adaptive measures adopted by insurers to tackle the mounting risks posed by […]

CAC Group Introduces Cyber Insurance for Energy and Utility Sectors The CAC Group has unveiled a new cyber insurance product aimed at mitigating the cyber risks faced by the energy and utility industries. This innovative solution aims to provide comprehensive protection for companies in these sectors against the rising tide of cyber threats. Cyber Risks […]

Major Downtown Arlington Heights Apartment Complex Up for Sale John Hancock Life Insurance, a subsidiary of Manulife, has listed a prominent downtown Arlington Heights apartment complex for sale, which they acquired for $87.3 million in 2012, as per Cook County property records. The decision opens a dialogue about the strategic role of life insurance companies […]

Lincoln Financial Group and Virtua Health Face Lawsuit Over Retirement Funds Lincoln Financial Group and Virtua Health are currently embroiled in a legal dispute regarding the management of retirement funds, according to Bloomberg Law. The lawsuit alleges that both institutions have been mismanaging employee retirement funds to reap outsized profits. The Role of Life Insurance […]

Re/Insurance Collaboration Key to Managing Climate and Cyber Risks Amid growing concerns over climate change and escalating cyber threats, re/insurance industry leaders emphasize the critical need for collaboration. This partnership is essential to mitigate the multifaceted risks impacting individuals and businesses alike. Experts call for clear roles within the risk transfer supply chain to enhance […]