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Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening

Nov 22 2024 // Global non-life premiums are expected to hit a decade-high growth level of 4.3% in 2024, following the repricing of risk over the past several years in response to elevated claims, according to Swiss Re’s...

Tokio Marine Pauses Sale of $1B Southeast Asia Life Insurance Business, Sources Say

Oct 18 2024 // Japanese insurer Tokio Marine has paused the sale of its $1 billion Southeast Asia life insurance business, partly due to a dispute with a Malaysian partner over an expiring products distribution agreement, four sources...

Japan’s Non-Life Insurers Must Cut Cross-Shareholdings to Zero, Industry Group Says

Sep 19 2024 // A trade group representing Japan’s biggest non-life insurers said on Thursday that its member firms should set a clear deadline to cut their strategic holdings of listed client shares to zero. The General Insurance...

Carolina Insurance Agent Charged With Forging Life Insurance Policies on 16 People

Jun 7 2024 // North Carolina authorities have charged a Battleboro insurance agent with 74 counts after they said he forged life insurance applications for 16 people.Jonathan Michael Vlasak, 35, a licensed producer qualified to sell...

Fort Myers Life Insurance Broker Charged With Policy Fraud, Misusing ID Info

Jun 4 2024 // Florida financial regulators have charged a Fort Myers insurance broker with taking out a life insurance policy on a person without their knowledge and misusing the person’s identification information.Bryce Corey...

Securing Life Insurance Alternatives for Clients in War Risk Zones

Apr 1 2024 // Warfare has raged on our planet since man first walked upright and disputed territorial boundaries. Those battles have impacted not only the lives of those they came into direct contact with, but also those on the...

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