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Reinsurance Price Reductions “Nonsense,” Says Munich Re CEO Amidst industry discussions on reinsurance price reductions, Munich Re’s CEO has expressed strong opposition, labeling such reductions as “nonsense”. This comes despite notable industry profits following years of successive losses. The Importance of Life Insurance The debate surrounding reinsurance pricing highlights a broader conversation on the essential […]

External Factors Reshaping Insurance Landscape Life insurance has become an essential consideration as various external factors continue to reshape the insurance landscape. Recent developments such as social inflation, litigation, and rising jury awards are significantly influencing the industry. This shift not only applies to property and casualty insurance but also extends to various aspects of […]

John Hancock Corporate Bond ETF (NYSEARCA:JHCB) Trades 0.3% Higher The John Hancock Corporate Bond ETF (NYSEARCA:JHCB) has seen a slight increase in its trading value, rising 0.3% higher. This data comes as The Manufacturers Life Insurance Company significantly bolstered its position in the ETF during the 4th quarter, increasing its stake by 17.5%. This move […]

Remembering Patricia Lacey: A Life Dedicated to Family and Community Patricia Lacey, who passed away in Plymouth, MA, in 2024, left behind a rich legacy not just professionally but also personally. Many remember her fondly for her commitment to her family, community, and workplace. A Career at John Hancock Insurance Patricia was educated in Boston […]

Inszone Acquires Beswick Insurance to Enhance Community-Focused Offerings In a strategic move to broaden its suite of client services, Inszone Insurance has announced the acquisition of Beswick Insurance, marking its second major deal this month. This acquisition is poised to not only fortify community-centered insurance solutions but also enrich the gamut of life insurance offerings […]

Light Fantastic: Lincoln Financial Field Shines with New Lighting Enhancements In a collaboration with Coliseum Sports Lighting, Lincoln Financial Field has debuted its latest lighting enhancements, boasting brighter and more energy-efficient illumination. This state-of-the-art lighting aims to enhance the attendee experience, making every game a visual treat. The Role of Life Insurance in Financial Planning […]

Bermuda Premier Defends Life Reinsurance Sector Amid 777 Re Troubles As turbulence rocked the global reinsurance market due to challenges faced by 777 Re, Bermuda’s Premier stepped forward to defend the island’s life reinsurance sector. The Premier highlighted Bermuda’s strong regulatory framework and the vital role of life insurance in securing financial futures. This defense […]

Sentry Insurance Acquires The General: A Milestone in the Industry In a significant development for the insurance sector, Sentry Insurance has announced its acquisition of The General, marking a record-breaking deal for the year. This strategic move not only positions Sentry Insurance as a more formidable player in the market but also offers a range […]

Reinsurance Sector Proves Resilient Amid Economic Challenges, Highlights Importance of Life Insurance The reinsurance industry, particularly the property and casualty (P&C) segment, has shown remarkable resilience in the face of ongoing economic challenges. According to a recent report, strong performances in this sector have underpinned the overall stability and adaptability of the market. However, life […]

Demex Forms Advisory Board Amid Rising Severe Convective Storm Losses: A Look at Life Insurance Benefits In a strategic move to address the growing threat of Severe Convective Storm (SCS) losses, Demex has formed an advisory board to enhance its reinsurance solutions. As weather patterns become increasingly unpredictable, the insurance industry faces mounting challenges. This […]