Life Insurance

Fairfax Reports Strong Results for Q2 2024: A Deeper Look Into Life Insurance Benefits Fairfax Financial Holdings Limited, a re/insurance holding group, has reported strong results for the second quarter of 2024. According to recent data, the group experienced an increase in net premiums, signaling a robust performance in tough market conditions (Insurance Business Mag). […]

Miller Continues European Expansion with Major Reinsurance Acquisition The Zub-based firm is making plans to further expand in Zurich as well. The Strategic Move: Miller’s European Expansion In a bold move to extend its footprint in the European reinsurance market, Miller has announced a major acquisition. According to sources, the firm is also planning significant […]

Who will be in this Year’s Hot 100? Life Insurance Benefits Escalate in Importance Insurance Business America has opened its call for entries for the 2024 list of the “hottest” insurance professionals, generating considerable buzz in the industry. As the spotlight shines on top achievers, it’s worth focusing on a critical sector gaining momentum: life […]

We need a 92.8% rate rise says insurance boss As legal requirements clash with regulatory challenges, the insurance sector is facing significant pressure. In a recent statement, a leading figure in the industry highlighted the urgent need for a 92.8% rate rise, citing various operational strains and market dynamics. During these turbulent times, the importance […]

Insurance Body Criticizes Nonprofit, Highlights Importance of Life Insurance In a recent development, an influential insurance body has called out a nonprofit organization, labeling it as “a major impediment” in the industry. The organization in question is also accused of pocketing millions in funds. This sets a stark contrast to the transparency and legislative adherence […]

James River Reports Q2 Financials Following Sale of Reinsurance Arm James River Group Holdings, Ltd., a well-known player in the insurance industry, has recently disclosed its second-quarter financial statements for 2024. This report comes in the wake of the firm’s decision to sell its casualty reinsurance segment. The transaction is part of a strategic shift […]

Level Up Your Industry Profile with 5-Star DE&I 2025 In an increasingly interconnected world, the importance of Diversity, Equity, and Inclusion (DE&I) cannot be overstated. Insurance Business is now accepting entries for its 5-Star DE&I 2025 awards, designed to honor companies making significant strides in fostering inclusive workplaces. The Role of Life Insurance in Promoting […]

Hurricane Debby Losses Covered Under Primary Insurers’ Reinsurance Coverage – Moody’s In the aftermath of Hurricane Debby, Moody’s has confirmed that the losses incurred will be covered under primary insurers’ reinsurance arrangements. This development is seen as a relief to millions affected by the storm, which threatens to surpass recent historical records in terms of […]

At-Bay Appoints New President of Insurance In a significant move likely to impact various realms of life insurance, At-Bay, a leading insurance carrier, has announced the appointment of a new president of insurance. This strategic decision is not only a testament to At-Bay’s commitment to expanding its insurance offerings but also a move poised to […]

Proposed Reinsurance Program in Washington State to Boost Health Coverage Affordability In an effort to make health coverage more affordable, Washington State has introduced a new reinsurance program. The initiative aims to stabilize premiums and provide greater access to healthcare for residents across the state. Linking Health Coverage with Life Insurance Benefits As health coverage […]