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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 […]

Thomas Thackara Obituary – Highlighting the Impact of Life Insurance Thomas Thackara, a long-serving insurance agent with Mass Mutual Life Insurance Co., passed away on August 24, 2024. He was known not only for his professional achievements but also for the significant role he played in helping individuals secure their financial futures through life insurance. […]

Remembering Thomas Thackara: Legacy in Life Insurance The community of Kingston, PA, mourns the loss of Thomas Thackara, a dedicated insurance agent who passed away on August 24, 2024. Thackara had been a devoted employee of Mass Mutual Life Insurance Co., where he made significant contributions over several years. A Career Dedicated to Protecting Lives […]

Investment Insights: John Hancock Exchange-Traded Fund (ETF) In a recent filing, John Hancock introduced its new Exchange-Traded Fund, bringing investors a wealth of opportunities in the financial market. As highlighted by StreetInsider, this investment avenue does not resemble a bank deposit and lacks insurance or guarantees from the Federal Deposit Insurance Corporation (FDIC). The Role […]

Variable Life Insurance Market Set for Explosive Growth In a recent report, the variable life insurance market is projected to experience significant growth in the near future. Leading industry players such as Lincoln Financial, Transamerica, Nationwide, AXA, Manulife, and AIG are at the forefront of this booming industry. The rise in demand for versatile life […]