News
U.S. final expense life insurance new annualized premium increased 16% year over year to $1.05 bn in 2024, according to LIMRA-Life Insurers Council (LIC) Survey Report. The study examines sales data ...
Australian life insurer, TAL, has partnered with leading global insurtech Cover Genius to launch embedded life insurance in Australia, with the introduction of backd by TAL. Simple, affordable and ...
The NAIC Life Actuarial Task Force has endorsed disclosure-only asset adequacy testing guidelines for reinsurance, aiming to improve transparency in offshore reinsurance transactions without imposing ...
The U.K. Financial Conduct Authority (FCA) has partnered with NVIDIA Corp. to provide regulated financial firms with access to the company’s computing infrastructure and enterprise AI software. The ...
Source: Swiss Re Institute A 65-year-old stopping work faces a 16% longer retirement than one who left the workforce in 2000, and nearly 40% more than someone who retired in 1975. This will continue ...
Insurance commissioners from across the United States have asked the U.S. Senate to reconsider specific provisions in the reconciliation bill known as the “One Big Beautiful Bill Act.” The bill ...
Broker Marsh has introduced a €1bn insurance facility named Nimbus to support clients involved in large-scale data center construction projects in the United Kingdom and Europe. Backed by insurers ...
Tokenization of real-world assets, particularly reinsurance contracts, offers an opportunity to expand capital sources in the insurance sector, according to Jay Madhu, CEO of Oxbridge Re Holdings. He ...
Kin Insurance has completed its reinsurance placements for the term covering June 1, 2025, through May 31, 2026, for the reciprocal exchanges it manages—Kin Interinsurance Network and Kin ...
Aon reported that severe storms in both the United States and Europe in late May and early June 2025 caused insured losses totaling hundreds of millions of dollars across both regions. In the U.S., ...
House Resolution 336, reintroduced in the U.S. House of Representatives as the Prohibit Auto Insurance Discrimination Act, seeks to ban auto insurers from using non-driving-related factors such as ...
Texas has become the first U.S. state to formally establish and fund a publicly held bitcoin reserve after Governor Greg Abbott signed Senate Bill 21 into law. The legislation mandates the creation of ...
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