Life Insurance

Insurance Carrier Deals in First Half Hit 15-Year Low In a recent report by Clyde & Co, the insurance sector is facing a significant slowdown with carrier deals hitting a 15-year low in the first half of this year. The impact of this downturn is rippling across various sub-sectors of the insurance industry, including life […]

Life Insurance: A Crucial Consideration Amid Long-Term Care Insurance Rates Surge As an unsettling trend, just as many are entering their retirement years, long-term care insurance rates are skyrocketing, placing an additional burden on retirees. John Hancock Life Insurance Company has been at the center of this issue with multiple instances of significant rate hikes. […]

Prudential and Nine Other Big LPs Sign on to PruVen’s Fund II In a significant move within the venture capital domain, Prudential Financial has solidified its role as the anchor investor for PruVen’s Fund II, joined by nine other prominent limited partners (LPs) including Lincoln Financial Group, Mutual of Omaha, Nippon Life Insurance Company, and […]

What Could Global Insurers Learn from New Zealand? The insurance industry is evolving rapidly, and countries across the world are seeking innovative solutions to adapt. New Zealand’s insurance sector, with its willingness to embrace change, stands out as a potential model. According to a recent interview with the head of a leading New Zealand insurance […]

What Global Insurers Can Learn from New Zealand: Insights on Life Insurance Benefits “We’ve done some things right,” asserts Grant Milne, head of the New Zealand Insurance Association, in a recent interview. New Zealand’s insurance sector offers crucial lessons for the global market, especially in areas such as life insurance and its multifaceted benefits. Comprehensive […]

Women in Insurance LA: Book Your Tickets Now Women in Insurance LA is back, and this year it promises to be more inspiring than ever. This dynamic conference, scheduled to take place in Los Angeles, is devoted to celebrating the achievements of women in the insurance industry. Among the crucial topics covered will be the […]

US Property Insurance Market Eases Slightly, Multifamily and Industrial Face Challenges – Gallagher The US property insurance market has seen a slight easing, according to a recent report by Gallagher. However, sectors like multifamily housing and industrial properties continue to grapple with significant challenges, primarily due to wood-frame construction and fire risks. Wood-Frame Construction and […]

Jet Insurance Added to Treasury’s Circular 570 List of Surety Providers In a recent development that could reshape the insurance landscape, Jet Insurance has been added to the Treasury’s Circular 570 list of approved surety providers. This certification permits Jet Insurance to issue bonds for federal contracts, significantly expanding their operational capacity. Impact on Business […]

Life Insurance: A Crucial Shield for Financial Stability In today’s unpredictable world, securing one’s future through comprehensive life insurance policies is more essential than ever. Reports from LifetimeInsurance.org emphasize the multifaceted benefits of life insurance, encompassing various aspects such as Business/Career Insurance, Retirement Insurance, and Marriage/Divorce Insurance, each designed to cater to different life stages […]

Global Reinsurance Market Rebounds with $515 Billion in Capital by 2024 The global reinsurance market is on track to rebound significantly, with capital expected to reach $515 billion by 2024, according to a recent report by AM Best. This marks a substantial recovery driven by improved profitability and market optimism. However, it’s crucial to consider […]