Life Insurance

Satellite Insurance – The Overlooked Necessity for Businesses In today’s modern era, space technology is no longer an intangible dream but a reality that businesses are increasingly investing in. Satellite insurance is emerging as a critical component in the commercial space sector. Companies venturing into space-related activities are recognizing the need for robust insurance strategies […]

Labor Report Shows 254K Jobs Added in September The latest labor report reveals that 254,000 new jobs were created in September, reflecting a robust job market. This development has significant implications, particularly in the realm of life insurance and related financial planning. The Importance of Life Insurance in a Booming Job Market As job opportunities […]

Travel Insurance Market Forecast to See Significant Revenue Hike by 2031 New reports indicate that the travel insurance market is set to experience a substantial revenue increase by the year 2031. Industry leaders such as IMG Travel Insurance, InsureandGo, John Hancock Travel Insurance, and Nationwide Mutual Insurance Company are expected to contribute significantly to this […]

Annexus & North American Secure ‘Deal of the Year, Annuities’ at SRP Americas 2024 Awards Annexus, in collaboration with North American, has bagged the coveted ‘Deal of the Year, Annuities’ award at the SRP Americas 2024 Awards. Annexus, known for its market-redefining insurance products, continues to set industry standards. North American’s partnership with Annexus in […]

Adaptive Insurance Launches GridProtect to Combat Power Outage Risks In a significant move to support businesses grappling with climate-related power disruptions, Adaptive Insurance has rolled out GridProtect, a specialized insurance product. This initiative aims to provide immediate financial relief to businesses affected by power outages, which have been on the rise due to increasing climatic […]

Impact of the US-EU Covered Agreement on Reinsurance Market The reinsurance market is poised for a significant transformation with the implementation of the US-EU Covered Agreement. This new framework aims to reduce the collateral requirements for European Union-based reinsurers operating in the U.S. market. However, it’s vital to understand the elements of this agreement and […]

Paul Schultz Appointed as Global Vice Chair of Aon’s Reinsurance Solutions Aon, a prominent global professional services firm, has named Paul Schultz as the new Global Vice Chair of its Reinsurance Solutions unit. This strategic move aims to bolster the company’s capacity and expand third-party capital for its clients. The Strategic Importance of Life Insurance […]

Regulators Increase Scrutiny on Funded Reinsurance Amid Pension De-risking Surge As the trend of pension de-risking continues to gain momentum, regulators are increasingly focused on the growing use of funded reinsurance, particularly involving offshore reinsurers and asset-intensive structures. This rise has led to renewed concerns about transparency within the industry. Transparency Concerns and the Role […]

Managing the Cycle: A Plan for Sustainable, Client-Centred Growth As the insurance market experiences significant shifts, life insurance has emerged as a pivotal tool for sustainable, client-centred growth. Recent analysis has underscored the need for a thorough understanding of various life insurance products to ensure comprehensive coverage and client satisfaction. Life Insurance: A Versatile Solution […]