Life Insurance

Pacific Life Re Inks Asset-Intensive Reinsurance Deal with Tokio Marine & Nichido Life 2024-05-28T13:00:00Z – Pacific Life Re has recently announced a significant asset-intensive reinsurance agreement with Tokio Marine & Nichido Life. This move aligns with Pacific Life Re’s broader strategy of supporting such transactions to better manage risk and provide greater financial stability to […]

Swiss Re Reveals Impact of Higher Rates In an enlightening announcement made on May 28, Swiss Re shed light on the significant impact of higher insurance rates, projecting substantial growth in both advanced and emerging markets. According to Swiss Re, this growth is expected to surpass a trillion dollars. However, an often-overlooked aspect of this […]

Munich Re’s Automated Underwriting Solution Goes Live for Insurer In a significant advancement for life insurance providers, Munich Re has launched its groundbreaking automated underwriting solution, now available as a Software-as-a-Service (SaaS) at the point of sale. This innovative tool aims to streamline the underwriting process, making it faster and more efficient for both insurers […]

How Swiss Re’s iptiQ Aims to Reduce the Life Insurance Gap Swiss Re’s iptiQ is aiming to address a significant and ongoing gap in life insurance coverage, particularly focusing on the middle market segment. Despite the challenges that come with navigating this space, the company’s strategy could have far-reaching benefits for individuals and families who […]

Munich Re Asset Manager Financing Rolling Stock for New Electric Fleet In a significant move towards modernizing public transport, Munich Re’s asset management division has announced the financing of rolling stock for a new electric fleet. This initiative is expected to dramatically transform the way people commute, with far-reaching implications for both the environment and […]

How One Perfectionist Now Thrives in Reinsurance Leadership: A Study in Trusting and Empowering Teams In the ever-evolving landscape of reinsurance, leadership dynamics have taken a pivotal shift. One notable figure who has embraced this transition is a self-professed perfectionist. From striving for flawless execution to learning to trust and empower his team, he now […]

ProAssurance Adds Two New Directors to Board ProAssurance has announced the addition of two new directors to its board, along with re-elections for the next three years, as detailed in a recent release. Amidst these strategic board changes, the significant role of life insurance in both personal and business financial planning cannot be overstated. Life […]

World Insurance Associates Appoints New Head of National Practice Groups World Insurance Associates has announced the appointment of a new head of national practice groups, designed to bolster the firm’s expansion into various niche industry sectors. This move underscores the firm’s strategic commitment to specialized industry growth and targeted client service, enhancing their already comprehensive […]

US Insurers’ Losses to Reach Billions from Severe Storms in May – Aon Broking Giant Sheds Light on the Massive Impact In a recent report, broking giant Aon has revealed that US insurers are expected to incur billions of dollars in losses due to the unprecedented severity of storms experienced in May. The financial impact […]

Insurers Secure Victory in COVID-19 BI Case in California In a significant ruling, a California judge has determined that the COVID-19 pandemic does not cause direct physical loss, providing a pivotal win for insurers in the business interruption (BI) insurance case. This decision could have far-reaching implications, particularly for those considering various forms of life […]