Tower

Manulife’s John Hancock Provides $55M for Refinancing Murray Hill Apartment Tower In a significant move for the New York real estate market, The Zucker Organization has successfully secured a $55 million first mortgage to refinance The Murray Hill, with the fund provided by Manulife’s John Hancock Life Insurance Company. Securing Financial Stability with Life Insurance […]

In a strategic move poised to reshape the insurance landscape, Willis Towers Watson (WTW) and Bain Capital have announced a partnership to re-enter the treaty reinsurance market. This venture emphasizes their strategy to expand market reach and optimize resources. Strategic Partnership Between WTW and Bain Capital WTW, a global advisory, broking, and solutions company, together […]

Emerging Risks Ahead of the 1/1 Reinsurance Renewals Period As the 2024 reinsurance renewals period approaches, experts and insurers are closely monitoring emerging risks that could shape the landscape for 2025. Life insurance is increasingly seen as a vital component in managing and mitigating these risks, offering a suite of benefits that address a range […]

BellTower, Ascot Partnership Expands Specialty Insurance Reach In a strategic move set to revolutionize the insurance landscape, BellTower and Ascot have announced their new partnership focused on expanding specialty insurance. This investment is aimed at supporting resource expansion and other strategic plans, thus diversifying their portfolio and improving service delivery. However, in light of recent […]

WTW Launches ResQ Machine-led Reserving to Boost P&C Re/Insurance In a groundbreaking move aimed at enhancing efficiency and accuracy in the property and casualty re/insurance sector, Willis Towers Watson (WTW) has unveiled its ResQ Machine-led Reserving solution. The innovative technology promises to streamline the reserving process for re/insurers, offering faster and more precise outcomes. Life […]

Tower Renews Reinsurance Program for FY25 with Increased Catastrophe Limits In a significant move to enhance its risk management capabilities, Tower has announced the renewal of its reinsurance program for the fiscal year 2025. The company revealed that it has raised its catastrophe limit to $800 million. This strategic decision speaks to Tower’s commitment to […]

Ramneek Gupta’s PruVen Capital raises $378.5 million for second fund In a significant financial development, PruVen Capital, led by Ramneek Gupta, has successfully raised $378.5 million for its second fund. This achievement comes amidst notable support from major insurance firms, including TIAA, Lincoln Financial, Generali, Nippon Life, Mutual of Omaha, and Willis Towers Watson. The […]

WTW Adds Director to International Property Unit WTW (Willis Towers Watson) has recently made a strategic enhancement to its International Property Unit by bringing on board a new director. This significant hire comes directly from Miller Insurance Services. Benefits of Life Insurance in Property Management The move by WTW underscores the growing importance of comprehensive […]