New Version 7.1 of Kamakura Risk Manager Released to Clients in 32 Countries

New Version 7.1 of Kamakura Risk Manager Released to Clients in 32 Countries</title> <meta content="Kamakura Corporation" name="Source"/> <meta content="NEW YORK" name="GeographicName"/> <meta content="NY" name="GeographicName"/> <docdata> <doc-id id-string="" regsrc="Market Wire"/> <date.issue norm="2009-12-09T15:00:00Z"/> </docdata> <pubdata date.publication="2009-12-09T15:00:00Z" name="Market Wire" /> </head> <body> <body.head> <hedline> <hl1>New Version 7.1 of Kamakura Risk Manager Released to Clients in 32 Countries</hl1> <hl2>Kamakura Announces Dramatic Enhancements to Integrated Risk System</hl2> </hedline> </body.head> <body.content> </p> <p>NEW YORK, NY -- (MARKET WIRE) -- 12/09/09 -- Kamakura Corporation announced Wednesday that Kamakura Risk Manager Version 7.1 has been shipped to clients in 32 countries around the world. Kamakura reported that very significant advances in speed, accuracy and product coverage have resulted from insightful client suggestions and risk management insights of Kamakura Managing Director for research Robert A. Jarrow, who recently advised the U.S. Department of the Treasury on the valuation of warrants issued under the government's Troubled Assets Relief Program. The new version of KRM has already been reported to run in 30-90% less time, depending on the prior KRM version, on client sites due to breakthroughs in both financial theory and computer science. Perhaps the biggest breakthrough has been to more fully exploit Professor Jarrow's insights on reduced form event modeling. Version 7.1 of KRM exploits the fact that, conditional on the values of the macro factors driving default, the actual default/no default of any two counterparties is conditionally independent. This allows distinct and powerful user control with separate "dials" for macro factor simulation and default simulation on a fully integrated basis. The new version also exploits computer science synergies that allow interest rate index modeling technology to be used to model default more accurately, that allow default technology to be used to model prepayments on a integrated basis, and which default probability technology to be applied to integrated operational risk simulation for the first time. </p><div class="story-block left pull-box hide-sm show-lg show-md" data-set="related-stories"></div> <p> Kamakura's President Warren A. Sherman said Wednesday, "Version 7.1 of KRM is a huge step forward in integrated risk technology. In combination with our clients' advice, the Kamakura research and development team in Honolulu has brought the best of breed simulation technology from astrophysics and physics to apply state of the art risk management and finance to portfolios of unprecedented size. New Version 7.1 offers unparalleled integration between formerly separate disciplines: market risk, interest rate risk ("asset and liability management"), credit portfolio management, economic capital, funds transfer pricing, Basel I and II capital calculations, and operational risk. Our clients have been very impressed with the increased understanding of risk and return and the huge cost reduction they can achieve by replacing multiple silo-oriented legacy risk systems with the integrated risk capabilities of Kamakura Risk Manager. Moreover, clients have been quick to point out to us that KRM users have navigated the 2007-2009 credit crisis with great skill, while legacy risk technology has been called into question." </p><div class="ad-hold text-center hide-lg hide-md show-sm" data-set="ad-pinnacle"></div> <p> Among the new features in Kamakura Risk Manager Version 7.1 are the following capabilities: </p> <pre> -- Enhanced capabilities in credit risk management -- Creation of consistent but separate simulations for macro-economic factors ("outer loop simulations") and probabilities derived from them ("inner loop"), like the simulation of default/no default using a date and borrower specific default probability formula with simulated macro factors as inputs -- Increased mathematical flexibility in modeling default probability formulas and interest rate formulas. The logistic function (say for the default rate) can be an input for modeling floating interest rates, as can the natural logarithm and exponential function. Logistic functions can also take other logistic variables as inputs, included lagged logistic functions. These expanded indices can be used across the full span of credit risk, market risk, interest rate risk and funds transfer pricing calculations in KRM -- Increased flexibility in forecasting forward using lagged values for interest rates and macro-economic factors like home prices as inputs to default, prepayment, spread and interest rate relationships -- Enhanced modeling of loan guarantees for any fixed or floating rate structure -- Ability to model default using variables which change randomly in an auto-regressive moving average fashion -- Enhanced joint modeling of prepayment and default using multinomial logit -- Enhanced capabilities in interest rate risk management and funds transfer pricing -- Updated calculations for transaction level duration and average life -- Implementation of the option to allow negative interest rates, which have been common in markets like Hong Kong -- Ability to model dividends on common stock as a function of interest rates and other macro-economic factors -- Enhanced ability to use exchange traded futures contracts as inputs to interest rate and default probability indices -- Enhanced flexibility in modeling of interest and principal by exact day count -- Enhanced modeling of graduated payment structures such as the "option ARMS" structured in the United States -- Enhanced flexibility in modeling index-linked principal structures with multiple principal payment dates -- Enhanced modeling of multiple disbursement structures -- Enhanced modeling of floating rate securities with random principal amortization features -- Reporting of standard deviation of option-adjusted spread -- Enhanced capabilities in valuation and market risk -- Enhanced formula-driven credit spread modeling -- Enhanced modeling of multiple risk insurance and reinsurance policies -- Enhanced modeling of property and casualty and political risk insurance and re-insurance policies -- Enhanced modeling for structured or "packaged" deals with more than one underlying reference transaction -- Ability to model amortizing caps and floors -- Enhanced modeling of corridor and knock-in/knock-out caps and floors -- Enhanced accounting options for non-options-related equity securities -- Addition of barrier options on equity indices -- Addition of binary equity index-linked bonds and swaps -- Addition of callable equity index-linked bonds and swaps -- Enhanced ability to model delays in settlement of forward foreign exchange contracts -- Modeling of no touch, double no touch, one touch, double one touch, and rebate foreign exchange rate options -- Enhanced modeling of stop-loss strategies on structured or "packaged" deals -- Substantially enhanced granularity in modeling controls for structured products -- Enhanced access to Markit Partners' structured products libraries -- Updated interactions with libraries of Andrew Davidson & Co. and Intex -- Enhanced modeling for both funded and unfunded synthetic CDOs -- General systems enhancements -- Increased flexibility in defining and analyzing the impact of fees on cash flow, financial accruals and valuations. Financial accrual calculations allow the user to select from 4 different methods for accounting for fees -- Refined calculations for instruments with sinking funds -- 15 new user-defined fields added to the KRM portfolio table -- Enhanced design for the product ID screen by which users specify modeling assumptions for each "product ID" or class of transactions -- Enhanced ability to create a forecast using constant risk factor values with high ease of use -- Enhanced creation of calendar date-based modeling periods -- Expanded capabilities for modeling "new business," transactions not yet originated by the firm, including the ability to specify the credit rating of the new business -- New web-based reporting using the third generation KRM-rp Risk Portal reporting package </pre> </p> <p> About Kamakura Corporation </p><div class="ad-alignnone"><div class="ad-row"> <div id="ad-8322874" class="ad-728x90 adsanity-728x90 alignnone adsanity-alignnone" ><div class="adsanity-inner"> <a rel="nofollow" href="https://insurancenewsnet.com/ads/simplicity-group-2026-04-body-leaderboard" target="_blank"><img width="971" height="120" src="https://insurancenewsnet.com/wp-content/uploads/2026/03/Simplicity_728x90_2026-04.jpg" class="no-lazy-load wp-post-image" alt="" srcset="https://insurancenewsnet.com/wp-content/uploads/2026/03/Simplicity_728x90_2026-04.jpg 971w, https://insurancenewsnet.com/wp-content/uploads/2026/03/Simplicity_728x90_2026-04-900x111.jpg 900w, https://insurancenewsnet.com/wp-content/uploads/2026/03/Simplicity_728x90_2026-04-175x22.jpg 175w, https://insurancenewsnet.com/wp-content/uploads/2026/03/Simplicity_728x90_2026-04-920x114.jpg 920w, https://insurancenewsnet.com/wp-content/uploads/2026/03/Simplicity_728x90_2026-04-867x107.jpg 867w, https://insurancenewsnet.com/wp-content/uploads/2026/03/Simplicity_728x90_2026-04-230x28.jpg 230w, https://insurancenewsnet.com/wp-content/uploads/2026/03/Simplicity_728x90_2026-04-389x48.jpg 389w" sizes="(max-width: 971px) 100vw, 971px" /></a> </div></div> </div></div> <p> Founded in 1990, Honolulu-based Kamakura Corporation is a leading provider of risk management information, processing and software. Kamakura has been a provider of daily default probabilities and default correlations for listed companies since November 2002. Kamakura announced the KRIS Sovereign Default Probability Service on May 19, 2008. Kamakura launched its web-based credit portfolio management and CDO pricing service KRIS-cpm in April 2007. Kamakura is also the first company in the world to develop and install a fully integrated enterprise risk management system that analyzes credit risk, market risk, asset and liability management, transfer pricing, and capital allocation. The Kamakura Risk Manager system, now in version 7.1, was first offered commercially in 1993 and has been continually enhanced since then. Kamakura has served more than 200 clients ranging in size from $3 billion in assets to $1.6 trillion in assets. Kamakura's risk management products are currently used in 32 countries, including the United States, Canada, Germany, the Netherlands, France, Austria, Switzerland, the United Kingdom, Russia, the Ukraine, Eastern Europe, the Middle East, Africa, Australia, Japan, China, Korea and many other countries in Asia. </p> <p> Kamakura has world-wide distribution alliances with Fiserv (www.fiserv.com), Unisys (www.unisys.com), and Zylog Systems (www.zylog.co.in) making Kamakura products available in almost every major city around the globe. </p> <p> Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1132941 </p><div class="ad-hold text-right hide-lg show-sm show-md right" data-set="ad-medallion"></div> <pre>For more information contact Kamakura Corporation 2222 Kalakaua Avenue, Suite 1400 Honolulu, Hawaii 96815 Telephone: 1-808-791-9888 Facsimile: 1-808-791-9898 Information: Email Contact Web site: www.kamakuraco.com Press Contacts: Warren Sherman President Kamakura Corporation 1-201-600-7542 Email Contact www.kamakuraco.com www.kris-online.com </pre> <p> </body.content> <body.end> <tagline /> </body.end> </body> </nitf> <ne-brief>12/09/09 -- Kamakura Corporation announced Wednesday that Kamakura Risk Manager Version 7.1 has been shipped to clients in 32 countries around the world. Kamakura's President Warren A. Sherman said Wednesday, "Version 7.1 of KRM is a huge step forward in integrated risk technology.</ne-brief> <ne-metadata> <ne-metadata.companylist> <ne-company name="Fiserv Inc." sym="NASDAQ-NMS.FISV" code="9773" about="no" confidence="100" relevance=""/> <ne-company name="Unisys Corp." sym="NYSE.UIS" about="no" confidence="100" relevance=""/> <ne-company name="Zylog Systems Ltd." sym="Bombay.532883" about="no" confidence="100" relevance=""/> </ne-metadata.companylist> <ne-metadata.topiclist> <ne-topic code="AGRITECH" source="AMX" confidence="100" relevance="990" /> <ne-topic code="AGRITECH_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="APINS" source="AMX" confidence="100" relevance="990" /> <ne-topic code="APINS_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="ASIAPAC" source="AMX" confidence="100" relevance="750" /> <ne-topic code="BIZFIN" source="AMX" confidence="100" relevance="740" /> <ne-topic code="BIZWEU" source="AMX" confidence="100" relevance="950" /> <ne-topic code="BIZWEU_A" source="AMX" confidence="100" relevance="950" /> <ne-topic code="BMETRICS" source="AMX" confidence="100" relevance="950" /> <ne-topic code="BMETRICS_A" source="AMX" confidence="100" relevance="950" /> <ne-topic code="CANIT" source="AMX" confidence="100" relevance="900" /> <ne-topic code="CANIT_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="CTPBBFI" source="AMX" confidence="100" relevance="990" /> <ne-topic code="CTPBBFI_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="CTPDWIP" source="AMX" confidence="100" relevance="580" /> <ne-topic code="CTPDWIPA" source="AMX" confidence="100" relevance="580" /> <ne-topic code="CTPHTOP" source="AMX" confidence="100" relevance="750" /> <ne-topic code="CTPMORSE" source="AMX" confidence="100" relevance="900" /> <ne-topic code="CTPMORSE_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="CTPTWAST" source="AMX" confidence="100" relevance="860" /> <ne-topic code="CTPTWAST_A" source="AMX" confidence="100" relevance="860" /> <ne-topic code="CTPVODFI" source="AMX" confidence="100" relevance="740" /> <ne-topic code="CTPVODIT" source="AMX" confidence="100" relevance="900" /> <ne-topic code="CTPVODIT_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="ENLDC" source="AMX" confidence="100" relevance="950" /> <ne-topic code="ENLDC_A" source="AMX" confidence="100" relevance="950" /> <ne-topic code="ERPSERV" source="AMX" confidence="100" relevance="900" /> <ne-topic code="ERPSERV_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="ESYSMGMT" source="AMX" confidence="100" relevance="900" /> <ne-topic code="ESYSMGMT_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="EUBENTOP" source="AMX" confidence="100" relevance="750" /> <ne-topic code="EUFRTOP" source="AMX" confidence="100" relevance="750" /> <ne-topic code="EUIT" source="AMX" confidence="100" relevance="900" /> <ne-topic code="EUIT_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="EUROINS" source="AMX" confidence="100" relevance="990" /> <ne-topic code="EUROINS_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="EUSWTOP" source="AMX" confidence="100" relevance="950" /> <ne-topic code="EUSWTOP_A" source="AMX" confidence="100" relevance="950" /> <ne-topic code="EUUKIT" source="AMX" confidence="100" relevance="900" /> <ne-topic code="EUUKIT_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="EUUKTOP" source="AMX" confidence="100" relevance="750" /> <ne-topic code="FARMING" source="AMX" confidence="100" relevance="990" /> <ne-topic code="FARMING_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="FINMGMT" source="AMX" confidence="100" relevance="860" /> <ne-topic code="FINMGMT_A" source="AMX" confidence="100" relevance="860" /> <ne-topic code="GENSTUFF" source="AMX" confidence="100" relevance="750" /> <ne-topic code="GEOAFR" source="AMX" confidence="100" relevance="750" /> <ne-topic code="GEOAMER" source="AMX" confidence="100" relevance="760" /> <ne-topic code="GEOASIA" source="AMX" confidence="100" relevance="750" /> <ne-topic code="GEOAUASI" source="AMX" confidence="100" relevance="750" /> <ne-topic code="GEOCASIA" source="AMX" confidence="100" relevance="750" /> <ne-topic code="GEOCEUR" source="AMX" confidence="100" relevance="750" /> <ne-topic code="GEOCIS" source="AMX" confidence="100" relevance="750" /> <ne-topic code="GEOEASIA" source="AMX" confidence="100" relevance="750" /> <ne-topic code="GEOEEUR" source="AMX" confidence="100" relevance="750" /> <ne-topic code="GEOEUR" source="AMX" confidence="100" relevance="750" /> <ne-topic code="GEOFREST" source="AMX" confidence="100" relevance="750" /> <ne-topic code="GEOISLES" source="AMX" confidence="100" relevance="750" /> <ne-topic code="GEOME" source="AMX" confidence="100" relevance="750" /> <ne-topic code="GEONAMR" source="AMX" confidence="100" relevance="760" /> <ne-topic code="GEONEUR" source="AMX" confidence="100" relevance="750" /> <ne-topic code="GEOOCEAN" source="AMX" confidence="100" relevance="750" /> <ne-topic code="GEOTESTALL" source="AMX" confidence="100" relevance="750" /> <ne-topic code="GEOWEUR" source="AMX" confidence="100" relevance="750" /> <ne-topic code="IIAS" source="AMX" confidence="100" relevance="990" /> <ne-topic code="IIAS_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="INSJPN" source="AMX" confidence="100" relevance="990" /> <ne-topic code="INSJPN_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="INSNA" source="AMX" confidence="100" relevance="990" /> <ne-topic code="INSNA_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="INSURCAN" source="AMX" confidence="100" relevance="990" /> <ne-topic code="INSURCAN_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="INSUROVR" source="AMX" confidence="100" relevance="990" /> <ne-topic code="INSUROVR_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="ISOAT" source="AMX" confidence="100" relevance="750" /> <ne-topic code="ISOAU" source="AMX" confidence="100" relevance="750" /> <ne-topic code="ISOCA" source="AMX" confidence="100" relevance="750" /> <ne-topic code="ISOCH" source="AMX" confidence="100" relevance="750" /> <ne-topic code="ISOCN" source="AMX" confidence="100" relevance="750" /> <ne-topic code="ISODE" source="AMX" confidence="100" relevance="750" /> <ne-topic code="ISOFR" source="AMX" confidence="100" relevance="750" /> <ne-topic code="ISOGB" source="AMX" confidence="100" relevance="750" /> <ne-topic code="ISOJP" source="AMX" confidence="100" relevance="750" /> <ne-topic code="ISONL" source="AMX" confidence="100" relevance="750" /> <ne-topic code="ISORU" source="AMX" confidence="100" relevance="750" /> <ne-topic code="ISOUA" source="AMX" confidence="100" relevance="750" /> <ne-topic code="ISOUS" source="AMX" confidence="100" relevance="760" /> <ne-topic code="ITEN" source="AMX" confidence="100" relevance="900" /> <ne-topic code="ITEN_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="ITOVER" source="AMX" confidence="100" relevance="900" /> <ne-topic code="ITOVER_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="ITSCI" source="AMX" confidence="100" relevance="990" /> <ne-topic code="ITSCI_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="MANCOS" source="AMX" confidence="100" relevance="860" /> <ne-topic code="MANCOS_A" source="AMX" confidence="100" relevance="860" /> <ne-topic code="MANFFP" source="AMX" confidence="100" relevance="860" /> <ne-topic code="MANFFP_A" source="AMX" confidence="100" relevance="860" /> <ne-topic code="MANFSTAF" source="AMX" confidence="100" relevance="860" /> <ne-topic code="MANFSTAF_A" source="AMX" confidence="100" relevance="860" /> <ne-topic code="MGMTTOOL" source="AMX" confidence="100" relevance="900" /> <ne-topic code="MGMTTOOL_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="NAGASFR" source="AMX" confidence="100" relevance="950" /> <ne-topic code="NAGASFR_A" source="AMX" confidence="100" relevance="950" /> <ne-topic code="PCDMTF" source="AMX" confidence="100" relevance="900" /> <ne-topic code="PCDMTF_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="PTCPFIN" source="AMX" confidence="100" relevance="990" /> <ne-topic code="PTCPFIN_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="PTPRDLNC" source="AMX" confidence="100" relevance="990" /> <ne-topic code="PTPRDLNC_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="PTSCI" source="AMX" confidence="100" relevance="860" /> <ne-topic code="PTSCITCH" source="AMX" confidence="100" relevance="860" /> <ne-topic code="PTSCITCH_A" source="AMX" confidence="100" relevance="860" /> <ne-topic code="PTSCI_A" source="AMX" confidence="100" relevance="860" /> <ne-topic code="SCICOMP1" source="AMX" confidence="100" relevance="990" /> <ne-topic code="SCICOMP1_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="SOFAD1" source="AMX" confidence="100" relevance="900" /> <ne-topic code="SOFAD1_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="SOFAPS1" source="AMX" confidence="100" relevance="580" /> <ne-topic code="SOFBIZ" source="AMX" confidence="100" relevance="990" /> <ne-topic code="SOFBIZ_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="SOFEAI" source="AMX" confidence="100" relevance="900" /> <ne-topic code="SOFEAI_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="SOFERP" source="AMX" confidence="100" relevance="900" /> <ne-topic code="SOFERP_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="SOFEURO" source="AMX" confidence="100" relevance="900" /> <ne-topic code="SOFEURO_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="SOFFINAN" source="AMX" confidence="100" relevance="990" /> <ne-topic code="SOFFINAN_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="SOFFINL" source="AMX" confidence="100" relevance="900" /> <ne-topic code="SOFFINL_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="SOFINTL" source="AMX" confidence="100" relevance="900" /> <ne-topic code="SOFINTL_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="SOFOVER1" source="AMX" confidence="100" relevance="900" /> <ne-topic code="SOFOVER1_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="SOFTOPS" source="AMX" confidence="100" relevance="900" /> <ne-topic code="SOFTOPS_A" source="AMX" confidence="100" relevance="900" /> <ne-topic code="SOFTPROD" source="AMX" confidence="100" relevance="580" /> <ne-topic code="SOFTREND" source="AMX" confidence="100" relevance="990" /> <ne-topic code="SOFTREND_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="TTRAN" source="AMX" confidence="100" relevance="990" /> <ne-topic code="TTRAN_A" source="AMX" confidence="100" relevance="990" /> <ne-topic code="USAHI" source="AMX" confidence="100" relevance="670" /> <ne-topic code="USANY" source="AMX" confidence="100" relevance="760" /> <ne-topic code="USGASDWN" source="AMX" confidence="100" relevance="950" /> <ne-topic code="USGASDWN_A" source="AMX" confidence="100" relevance="950" /> <ne-topic code="USHLTHCR" source="AMX" confidence="100" relevance="600" /> <ne-topic code="USNATGAS" source="AMX" confidence="100" relevance="950" /> <ne-topic code="USNATGAS_A" source="AMX" confidence="100" relevance="950" /> </ne-metadata.topiclist> </ne-metadata> <ne-nativemetadata> <ne-nativemetadata.tickerlist> </ne-nativemetadata.tickerlist> <ne-nativemetadata.subjectlist> </ne-nativemetadata.subjectlist> </ne-nativemetadata> </ne-nitf></p> </div>  <div style="text-align:center"><a border="0" href="https://www.google.com/preferences/source?q=https://insurancenewsnet.com" target="_blank"><img src="https://insurancenewsnet.com/wp-content/themes/inn-2-child/special-pages/i/add-as-source.png" style="width:65%; max-width:330px; min-width:260px"></a></div>  </div> </div> </div> </div> </div>  <div class="comment-block"> <div id="disqus_thread"></div>  <div class="two-col clearfix"> <div class="col"><div class="hold next"><strong class="title text-right">Newer</strong><p><a href="https://insurancenewsnet.com/oarticle/Insurance-companies-begin-handling-flood-claims-%5bArab-News-Jeddah-Saudi-Arabia-a-146943">Insurance companies begin handling flood claims [Arab News, Jeddah, Saudi Arabia]</a></p></div></div><a class="btn-next" href="https://insurancenewsnet.com/oarticle/Insurance-companies-begin-handling-flood-claims-%5bArab-News-Jeddah-Saudi-Arabia-a-146943"><span class="icon-arrow-right6"></span></a>  </div> <div class="four-col hide-sm"> <div class="col advisor-news"> <div class="wrap"> <h2>Advisor News</h2> <ul> <li><a href="https://insurancenewsnet.com/innarticle/using-digital-retirement-modeling-to-strengthen-client-understanding">Using digital retirement modeling to strengthen client understanding</a></li> <li><a href="https://insurancenewsnet.com/oarticle/fear-of-outliving-money-at-a-record-high">Fear of outliving money at a record high</a></li> <li><a href="https://insurancenewsnet.com/oarticle/cognitive-decline-is-a-growing-threat-to-financial-security">Cognitive decline is a growing threat to financial security</a></li> <li><a href="https://insurancenewsnet.com/innarticle/two-lessons-career-changers-wish-they-knew-before-starting-the-cfp-journey">Two lessons career changers wish they knew before starting the CFP journey</a></li> <li><a href="https://insurancenewsnet.com/oarticle/americans-less-confident-about-retirement-as-worries-grow">Americans less confident about retirement as worries grow</a></li> </ul> <a class="button tiny" href="https://insurancenewsnet.com/topics/advisor-news">More Advisor News</a> </div> </div> <div class="col annuity-news-articles"> <div class="wrap"> <h2>Annuity News</h2> <ul> <li><a href="https://insurancenewsnet.com/oarticle/carescout-joins-ensight-intelligent-quote-ltc-life-marketplace">CareScout Joins Ensight™ Intelligent Quote LTC & Life Marketplace</a></li> <li><a href="https://insurancenewsnet.com/oarticle/axonic-insurance-annuities-built-for-banks-broker-dealers-and-rias-now-available-through-wealthvest">Axonic Insurance Annuities, Built for Banks, Broker-Dealers and RIAs, Now Available through WealthVest.</a></li> <li><a href="https://insurancenewsnet.com/oarticle/allianz-life-adds-new-accumulation-focused-fixed-index-annuities">Allianz Life Adds New Accumulation-Focused Fixed Index Annuities</a></li> <li><a href="https://insurancenewsnet.com/oarticle/allianz-life-adds-new-accumulation-focused-fias">Allianz Life adds new accumulation-focused FIAs</a></li> <li><a href="https://insurancenewsnet.com/innarticle/industry-objects-to-tone-and-tenor-of-draft-naic-annuity-buyers-guide">Industry objects to ‘tone and tenor’ of draft NAIC Annuity Buyer’s Guide</a></li> </ul> <a class="button tiny" href="https://insurancenewsnet.com/topics/annuity-news-articles">More Annuity News</a> </div> </div> <div class="col employee-health-benefits-news-articles"> <div class="wrap"> <h2>Health/Employee Benefits News</h2> <ul> <li><a href="https://insurancenewsnet.com/oarticle/son-hopes-dads-legal-win-in-miami-spares-cancer-patients-from-fighting-insurers">Son hopes dad’s legal win in Miami spares cancer patients from fighting insurers</a></li> <li><a href="https://insurancenewsnet.com/oarticle/findings-from-rti-international-broaden-understanding-of-insurance-us-medicaid-spending-and-health-insurance-coverage-for-people-involved-in-the-criminal-legal-system-as-children-insurance">Findings from RTI International Broaden Understanding of Insurance (US Medicaid Spending and Health Insurance Coverage for People Involved in the Criminal Legal System as Children): Insurance</a></li> <li><a href="https://insurancenewsnet.com/oarticle/researchers-at-university-of-pittsburgh-target-managed-care-the-state-of-hospice-impacts-on-equity-quality-and-nursing-an-aan-consensus-paper-managed-care">Researchers at University of Pittsburgh Target Managed Care (The state of hospice: Impacts on equity, quality, and nursing-An AAN consensus paper): Managed Care</a></li> <li><a href="https://insurancenewsnet.com/oarticle/findings-from-carequest-institute-for-oral-health-provide-new-insights-into-managed-care-repeated-use-of-emergency-departments-for-nontraumatic-dental-conditions-factors-associated-with-being-a-supe">Findings from CareQuest Institute for Oral Health Provide New Insights into Managed Care (Repeated Use of Emergency Departments for Nontraumatic Dental Conditions: Factors Associated With Being a Superutilizer): Managed Care</a></li> <li><a href="https://insurancenewsnet.com/oarticle/reports-outline-insurance-study-findings-from-university-of-north-texas-health-insurance-coverage-and-access-to-care-among-older-immigrants-evidence-from-the-national-health-interview-survey-2020-t">Reports Outline Insurance Study Findings from University of North Texas (Health Insurance Coverage and Access To Care Among Older Immigrants: Evidence From the National Health Interview Survey, 2020 To 2023): Insurance</a></li> </ul> <a class="button tiny" href="https://insurancenewsnet.com/topics/employee-health-benefits-news-articles">More Health/Employee Benefits News</a> </div> </div> <div class="col life-insurance-news-articles"> <div class="wrap"> <h2>Life Insurance News</h2> <ul> <li><a href="https://insurancenewsnet.com/oarticle/agam-capital-and-1823-partners-announce-strategic-partnership-to-provide-life-insurers-with-an-end-to-end-value-chain-solution">Agam Capital and 1823 Partners Announce Strategic Partnership to Provide Life Insurers with an End-to-End Value Chain Solution</a></li> <li><a href="https://insurancenewsnet.com/oarticle/am-best-revises-outlooks-to-positive-for-western-southern-financial-group-inc-and-its-subsidiaries">AM Best Revises Outlooks to Positive for Western & Southern Financial Group, Inc. and Its Subsidiaries</a></li> <li><a href="https://insurancenewsnet.com/oarticle/principal-financial-group-announces-first-quarter-2026-results">Principal Financial Group Announces First Quarter 2026 Results</a></li> <li><a href="https://insurancenewsnet.com/oarticle/sbli-enhances-its-omnitrak-term-to-deliver-faster-decisions-more-client-coverage-and-improved-pricing">SBLI Enhances its OmniTrak Term to Deliver Faster Decisions, More Client Coverage, and Improved Pricing</a></li> <li><a href="https://insurancenewsnet.com/innarticle/life-insurance-premium-surges-but-coverage-is-still-falling-short-for-many">Life insurance premium surges, but coverage is still falling short for many</a></li> </ul> <a class="button tiny" href="https://insurancenewsnet.com/topics/life-insurance-news-articles">More Life Insurance News</a> </div> </div> </div> </div>  </section>  <aside id="sidebar" class="sponsor article topic columns large-6 equal test"> <div class="aside-hold clearfix"> <div class="sponsorship">  <div id="sponsor" class="sponsor hide"> <p class="sponsored-by"> - Presented By - </p>     </div> <div class="ad-group">  <div id="top-medium-rectangle">  <div id="sponsor-top-medium" class="hide"> </div> <div id="ros-top-medium" class="hide">  <div id="ad-8322887" class="ad-300x250 adsanity-300x250 alignnone adsanity-alignnone" ><div class="adsanity-inner"> <a rel="nofollow" href="https://insurancenewsnet.com/ads/equitrust-2026-03-top-medium-rectangle" target="_blank"><img width="900" height="750" src="https://insurancenewsnet.com/wp-content/uploads/2026/03/EquiTrust_300x250_2026-04.gif?cache-bust=1777108253" class="no-lazy-load wp-post-image" alt="" decoding="async" /></a> </div></div> </div> </div>  <div id="featured-medium-rectangle">  <div id="sponsor-featured-medium" class="hide">  </div> <div id="ros-featured-medium" class="hide">   <div id="ad-8322870" class="ad-300x250 adsanity-300x250 alignnone adsanity-alignnone" ><div class="adsanity-inner"> <a rel="nofollow" href="https://insurancenewsnet.com/ads/amerilife-2026-04-featured-medium-rectangle" target="_blank"><img width="600" height="500" src="https://insurancenewsnet.com/wp-content/uploads/2026/03/axonic-amerilife-2026-03-300x250-1.gif?cache-bust=1777108253" class="no-lazy-load wp-post-image" alt="" decoding="async" /></a> </div></div> </div> </div>  <div id="bottom-medium-rectangle">  <div id="sponsor-bottom-medium" class="hide">  </div> <div id="ros-bottom-medium" class="hide">  <div id="ad-8322867" class="ad-300x250 adsanity-300x250 alignnone adsanity-alignnone" ><div class="adsanity-inner"> <a rel="nofollow" href="https://insurancenewsnet.com/ads/oceanview-2026-04-body-medium-rectangle" target="_blank"><img width="600" height="500" src="https://insurancenewsnet.com/wp-content/uploads/2026/03/oceanview-2026-04-300x250-1.gif?cache-bust=1777108253" class="no-lazy-load wp-post-image" alt="" decoding="async" /></a> </div></div> </div> </div> </div> </div>   <section class="widget last"> <div class="wrap"> <header> <h2 class="relatedstories"> Top Read Stories</h2> </header> <ul class="aside-list add"> </ul> <a class="more" href="https://insurancenewsnet.com/topics/top-stories">More Top Read Stories ></a> </div> </section>    <section class="widget widget_block text-sponsor insideNewsWrapper"> <div class="wp-block-group"> <div class="wp-block-group__inner-container"> <h2 style="font-weight:bold; padding-left:20px; padding-bottom:5px; padding-top:10px; border-bottom: 2px solid #ddd;">NEWS INSIDE</h2> <ul class="link"> <li> <a href="/topics/companies">Companies</a> </li> <li> <a href="/topics/earnings">Earnings</a> </li> <li> <a href="/topics/economic-news">Economic News</a> </li> <li> <a href="/magazine">INN Magazine</a> </li> <li> <a href="/topics/insurtech">Insurtech News</a> </li> <li> <a href="/topics/newswires">Newswires Feed</a> </li> <li> <a href="/topics/regulation-news-articles">Regulation News</a> </li> <li> <a href="/topics/washington-wire">Washington Wire</a> </li> <li> <a href="/topics/video">Videos</a> </li> </ul> </div> </section> <section class="widget widget_block text-sponsor"> <div class="wp-block-group"> <div class="wp-block-group__inner-container"> <h2 style="font-weight:bold; padding-left:20px; padding-bottom:5px; padding-top:10px; border-bottom: 2px solid #ddd;">FEATURED OFFERS</h2> <div class="ad-alignnone"><div class="ad-row"> <div id="ad-8322859" class="ad-300x150 adsanity-300x150 alignnone adsanity-alignnone" ><div class="adsanity-inner"> <div class="adsanity-text" style=";"><div><p><a href="https://protectorsvegas.com/" target="_blank" rel="noopener"><strong>Protectors Vegas Arrives Nov 9th - 11th</strong></a><br /> 1,000+ attendees. 150+ speakers. Join the largest event in life & annuities this November.</p> </div></div> </div></div> </div></div> <div class="ad-alignnone"><div class="ad-row"> <div id="ad-8322744" class="ad-300x150 adsanity-300x150 alignnone adsanity-alignnone" ><div class="adsanity-inner"> <div class="adsanity-text" style=";"><div><p><a href="https://innsubscription.com/oceanview-your-cap-your-term-locked/?medium=inn-text-ad&campaign=2026-04" target="_blank" rel="noopener"><strong>A FIA Cap That Stays Locked</strong></a><br /> CapLock™ from Oceanview locks the cap at issue for 5 or 7 years. No resets. Just clarity.</p> </div></div> </div></div> </div></div> <div class="ad-alignnone"><div class="ad-row"> <div id="ad-8322856" class="ad-300x150 adsanity-300x150 alignnone adsanity-alignnone" ><div class="adsanity-inner"> <div class="adsanity-text" style=";"><div><p><a href="https://www.massmutualascend.com/products" target="_blank" rel="noopener"><strong>Aim higher with Ascend annuities</strong></a><br /> Fixed, fixed-indexed, registered index-linked and advisory annuities to help you go above and beyond</p> </div></div> </div></div> </div></div> <div class="ad-alignnone"><div class="ad-row"> <div id="ad-8322368" class="ad-300x150 adsanity-300x150 alignnone adsanity-alignnone" ><div class="adsanity-inner"> <div class="adsanity-text" style=";"><div><p><a href="https://insurancenewsnet.com/ads/inn-2026-03-text-ad" target="_blank"><strong>Unlock the Future of Index-Linked Solutions</strong></a><br /> Join industry leaders shaping next-gen index strategies, distribution, and innovation.</p> </div></div> </div></div> </div></div> <div class="ad-alignnone"><div class="ad-row"> <div id="ad-8322952" class="ad-300x150 adsanity-300x150 alignnone adsanity-alignnone" ><div class="adsanity-inner"> <div class="adsanity-text" style=";"><div><p><a href="https://lifeinsurance.pacificlife.com/underwriting-innovations?utm_campaign=life-2026-INNads&utm_medium=display-ad&utm_source=INN-web&utm_content=Mar2026&utm_term=PLQ5171-00]" target="_blank" rel="noopener"><strong>Leveraging Underwriting Innovations</strong></a><br /> See how Pacific Life’s approach to life insurance underwriting can give you a competitive edge.</p> </div></div> </div></div> </div></div> <div class="ad-alignnone"><div class="ad-row"> <div id="ad-8323405" class="ad-300x150 adsanity-300x150 alignnone adsanity-alignnone" ><div class="adsanity-inner"> <div class="adsanity-text" style=";"><div><p><a href="https://annuitysaleslab.com/?ref=ASL099" target="_blank" rel="noopener"><strong>Bring a Real FIA Case. Leave Ready to Close.</strong></a><br /> A practical working session for agents who want a clearer, repeatable sales process.</p> </div></div> </div></div> </div></div> </div> </section>  <section id="rcp_recent_custom_posts-2" class="widget widget_rcp_recent_custom_posts"> <div class="wrap"> <header> <h2 style="font-weight:bold; padding-bottom:5px; padding-top:10px; color: black; font-size:1.5625rem;"> Press Releases</h2> </header> <ul class="aside-list add">  <li><a href="https://insurancenewsnet.com/press-releases/rfp-t01325-2" title="RFP #T01325">RFP #T01325</a></li> <li><a href="https://insurancenewsnet.com/press-releases/rfp-t01325-3" title="RFP #T01325">RFP #T01325</a></li> <li><a href="https://insurancenewsnet.com/press-releases/rfp-t01825-3" title="RFP #T01825">RFP #T01825</a></li> <li><a href="https://insurancenewsnet.com/press-releases/rfp-t01825-2" title="RFP #T01825">RFP #T01825</a></li> <li><a href="https://insurancenewsnet.com/press-releases/rfp-t01525-2" title="RFP #T01525">RFP #T01525</a></li>  </ul> <a href="/press-releases" class="more">More Press Releases ></a> <a class="more" href="/add-press-release"><strong style="color:#b11c14">Add Your Press Release ></strong></a> </div> </section>  <section class="widget widget_block text-sponsor"> <div class="wp-block-group"> <div class="wp-block-group__inner-container"> <div class="signup" style="background-color: #ffffff !important;"> <h3 style="margin-bottom: 0px; margin-top: 0px; padding: 5px 0 0 0; font-size: 1.6em; line-height: 1.1em;"> <strong>How to Write For InsuranceNewsNet</strong> </h3> <p style="font-size: 13px; line-height: 16px; padding: 5px 0px;">Find out how you can submit content for publishing on our website.<br> <a class="button secondary" style="margin-top: 10px;" href="https://insurancenewsnet.com/guidelines"><strong>View Guidelines</strong></a> </p> </div> </div> </div> </section>       </div> </aside>  </div> <div class="ad-hold default text-center hide-md hide-sm"> <div class="movearound bottom-leaderboard">  <div id="home-bottom-leaderboard">  </div> <div id="sponsor-bottom-leaderboard" class="hide">  </div> <div id="ros-bottom-leaderboard" class="hide"> <div id="ad-8322880" class="ad-728x90 adsanity-728x90 alignnone adsanity-alignnone" ><div class="adsanity-inner"> <a rel="nofollow" href="https://insurancenewsnet.com/ads/pacific-life-broad-market-2026-04-body-leaderboard" target="_blank"><img width="1517" height="188" src="https://insurancenewsnet.com/wp-content/uploads/2026/03/PacificLife_728x90_2026-04-Broad-Market.png" class="no-lazy-load wp-post-image" alt="" decoding="async" srcset="https://insurancenewsnet.com/wp-content/uploads/2026/03/PacificLife_728x90_2026-04-Broad-Market.png 1517w, https://insurancenewsnet.com/wp-content/uploads/2026/03/PacificLife_728x90_2026-04-Broad-Market-900x112.png 900w, https://insurancenewsnet.com/wp-content/uploads/2026/03/PacificLife_728x90_2026-04-Broad-Market-1200x149.png 1200w, https://insurancenewsnet.com/wp-content/uploads/2026/03/PacificLife_728x90_2026-04-Broad-Market-175x22.png 175w, https://insurancenewsnet.com/wp-content/uploads/2026/03/PacificLife_728x90_2026-04-Broad-Market-920x114.png 920w, https://insurancenewsnet.com/wp-content/uploads/2026/03/PacificLife_728x90_2026-04-Broad-Market-1150x143.png 1150w, https://insurancenewsnet.com/wp-content/uploads/2026/03/PacificLife_728x90_2026-04-Broad-Market-867x107.png 867w, https://insurancenewsnet.com/wp-content/uploads/2026/03/PacificLife_728x90_2026-04-Broad-Market-230x29.png 230w, https://insurancenewsnet.com/wp-content/uploads/2026/03/PacificLife_728x90_2026-04-Broad-Market-389x48.png 389w" sizes="(max-width: 1517px) 100vw, 1517px" /></a> </div></div>   </div> </div> </div> </main>  <footer id="footer" style="background-color:#FFF !important"> <div class="row clearfix"> <div class="columns medium-18 medium-centered large-14 large-centered">  <div class="nav-hold"> <nav class="footer-nav hide-sm"> <h4>Topics</h4> <div class="menu-topic-navigation-container"><ul id="menu-topic-navigation-1" class="menu"><li class="purple-border menu-item menu-item-type-taxonomy menu-item-object-category menu-item-8151087"><a href="https://insurancenewsnet.com/topics/advisor-news">Advisor News</a></li> <li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-8297123"><a href="https://insurancenewsnet.com/annuity-index">Annuity Index</a></li> <li class="ltgreen-border menu-item menu-item-type-taxonomy menu-item-object-category menu-item-8151078"><a href="https://insurancenewsnet.com/topics/annuity-news-articles">Annuity News</a></li> <li class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-8250867"><a href="https://insurancenewsnet.com/topics/companies">Companies</a></li> <li class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-8238806"><a href="https://insurancenewsnet.com/topics/earnings">Earnings</a></li> <li class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-8251085"><a href="https://insurancenewsnet.com/topics/fiduciary">Fiduciary</a></li> <li class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-8277599"><a href="https://insurancenewsnet.com/topics/from-the-field">From the Field: Expert Insights</a></li> <li class="orange-border menu-item menu-item-type-taxonomy menu-item-object-category menu-item-8151080"><a href="https://insurancenewsnet.com/topics/employee-health-benefits-news-articles">Health/Employee Benefits</a></li> <li class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-8267371"><a href="https://insurancenewsnet.com/topics/insurance-financial-fraud">Insurance & Financial Fraud</a></li> <li class="menu-item menu-item-type-post_type menu-item-object-page menu-item-8277600"><a href="https://insurancenewsnet.com/magazine">INN Magazine</a></li> <li class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-8277603"><a href="https://insurancenewsnet.com/topics/inn-insider">Insiders Only</a></li> <li class="ltorange-border menu-item menu-item-type-taxonomy menu-item-object-category menu-item-8151079"><a href="https://insurancenewsnet.com/topics/life-insurance-news-articles">Life Insurance News</a></li> <li class="menu-item menu-item-type-taxonomy menu-item-object-category current-oarticle-ancestor current-menu-parent current-oarticle-parent menu-item-8263904"><a href="https://insurancenewsnet.com/topics/newswires">Newswires</a></li> <li class="green-border menu-item menu-item-type-taxonomy menu-item-object-category menu-item-8151081"><a href="https://insurancenewsnet.com/topics/property-casualty-insurance-news">Property and Casualty</a></li> <li class="blue-border menu-item menu-item-type-taxonomy menu-item-object-category menu-item-8151082"><a href="https://insurancenewsnet.com/topics/regulation-news-articles">Regulation News</a></li> <li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-8175268"><a href="https://insurancenewsnet.com/sponsor">Sponsored Articles</a></li> <li class="blue-border menu-item menu-item-type-taxonomy menu-item-object-category menu-item-8151083"><a href="https://insurancenewsnet.com/topics/washington-wire">Washington Wire</a></li> <li class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-8238805"><a href="https://insurancenewsnet.com/topics/video">Videos</a></li> <li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-8277604"><a href="#">———</a></li> <li class="menu-item menu-item-type-post_type menu-item-object-page menu-item-8277605"><a href="https://insurancenewsnet.com/about-insurancenewsnet">About</a></li> <li class="menu-item menu-item-type-post_type menu-item-object-page menu-item-8321591"><a href="https://insurancenewsnet.com/inn-editorial-staff">Meet our Editorial Staff</a></li> <li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-8285817"><a href="https://innmediakit.com">Advertise</a></li> <li class="menu-item menu-item-type-post_type menu-item-object-page menu-item-8277608"><a href="https://insurancenewsnet.com/contact-insurancenewsnet">Contact</a></li> <li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-8277609"><a href="https://insurancenewsnet.com/manage-subscription">Newsletters</a></li> </ul></div> </nav> <nav class="footer-nav hide-sm"> <h4>Top Sections</h4> <div class="menu-bottom-menu-1-container"><ul id="menu-bottom-menu-1" class="menu"><li id="menu-item-1184" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-1184"><a href="https://insurancenewsnet.com/topics/advisor-news">AdvisorNews</a></li> <li id="menu-item-1181" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-1181"><a href="https://insurancenewsnet.com/topics/annuity-news-articles">Annuity News</a></li> <li id="menu-item-1182" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-1182"><a href="https://insurancenewsnet.com/topics/employee-health-benefits-news-articles">Health/Employee Benefits News</a></li> <li id="menu-item-8252993" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-8252993"><a href="https://insurancenewsnet.com/magazine">InsuranceNewsNet Magazine</a></li> <li id="menu-item-1180" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-1180"><a href="https://insurancenewsnet.com/topics/life-insurance-news-articles">Life Insurance News</a></li> <li id="menu-item-1183" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-1183"><a href="https://insurancenewsnet.com/topics/property-casualty-insurance-news">Property and Casualty News</a></li> <li id="menu-item-2744227" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-2744227"><a href="https://insurancenewsnet.com/topics/washington-wire">Washington Wire</a></li> </ul></div> </nav> <nav class="footer-nav"> <h4>Our Company</h4> <div class="menu-bottom-menu-3-container"><ul id="menu-bottom-menu-3" class="menu"><li id="menu-item-1308" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-1308"><a href="https://insurancenewsnet.com/about-insurancenewsnet">About</a></li> <li id="menu-item-665982" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-665982"><a target="_blank" href="https://innmediakit.com/">Advertise</a></li> <li id="menu-item-1310" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-1310"><a href="https://insurancenewsnet.com/contact-insurancenewsnet">Contact</a></li> <li id="menu-item-8250866" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-8250866"><a href="https://insurancenewsnet.com/inn-editorial-staff">Meet our Editorial Staff</a></li> <li id="menu-item-7155026" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-7155026"><a href="http://insurancenewsnetmagazine.com">Magazine Subscription</a></li> <li id="menu-item-5737863" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-5737863"><a href="https://insurancenewsnet.com/guidelines">Write for INN</a></li> </ul></div> </nav> </div> <div class="signup"> <h3>Sign up for our <mark>FREE <span class="inline-block">e-Newsletter!</span></mark></h3> <p>Get breaking news, exclusive stories, and money- making insights straight into your inbox. </p> <a href="https://insurancenewsnet.com/manage-subscription" class="button secondary">select Newsletter Options</a> </div> <div class="social-networks hide-sm"> <a href="https://www.facebook.com/insnewsnet"><span class="icon icon-facebook2"></span>Facebook</a> <a href="https://www.linkedin.com/company/248786/"><span class="icon icon-linkedin2"></span>Linkedin</a> <a href="https://twitter.com/InsNewsNet"><span class="icon icon-twitter2"></span>Twitter</a> </div> </div> </div> <div class="footer-bottom"> <div class="row"> <div class="columns"> <strong class="copyright">© 2026 InsuranceNewsNet.com, Inc. All rights reserved.</strong>  <div class="menu-footer-nav-container"><ul id="menu-footer-nav" class="menu"><li id="menu-item-1156" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-1156"><a href="https://insurancenewsnet.com/terms-conditions">Terms & Conditions</a></li> <li id="menu-item-1153" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-privacy-policy menu-item-1153"><a rel="privacy-policy" href="https://insurancenewsnet.com/privacy-policy">Privacy Policy</a></li> <li id="menu-item-8259933" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-8259933"><a href="https://insurancenewsnet.com/magazine">InsuranceNewsNet Magazine</a></li> </ul></div>  </div> </div> </div> </footer>  </div> </div>  <div class="popup-holder"> <div id="popup1" class="lightbox signin-popup"> <div class="hold"> <a href="#" class="close"><span class="icon-cross"></span></a> <h2>Sign in with your Insider Pro Account</h2> <form name="loginform" id="loginform" action="https://insurancenewsnet.com/wp-login.php?wpe-login=insurancenews" method="post"> <p class="login-username"> <label for="user_login">Username</label> <input type="text" name="log" id="user_login" class="input" value="" size="20"/> </p> <p class="login-password"> <label for="user_pass">Password</label> <input type="password" name="pwd" id="user_pass" class="input" value="" size="20"/> </p> <p class="login-remember"><label><input name="rememberme" type="checkbox" id="rememberme" value="forever"/> Remember Me</label></p> <p class="login-submit"> <input type="submit" name="wp-submit" id="wp-submit" class="button-primary" value="Log In"/>  </p> </form> <div class="register"> <span>Not registered? <a href="https://insurancenewsnet.com/subscribe?cta=signin-popup&articleURL=https://insurancenewsnet.com/ads/pacific-life-broad-market-2026-04-body-leaderboard">Become an Insider Pro.</a></span> </div> </div> </div> </div> <script type="speculationrules"> {"prefetch":[{"source":"document","where":{"and":[{"href_matches":"/*"},{"not":{"href_matches":["/wp-*.php","/wp-admin/*","/wp-content/uploads/*","/wp-content/*","/wp-content/plugins/*","/wp-content/themes/inn-2-child/*","/wp-content/themes/inn-2/*","/*\\?(.+)"]}},{"not":{"selector_matches":"a[rel~=\"nofollow\"]"}},{"not":{"selector_matches":".no-prefetch, .no-prefetch a"}}]},"eagerness":"conservative"}]} </script> <a rel="nofollow" style="display:none" href="https://insurancenewsnet.com/?blackhole=e6cdc50067" title="Do NOT follow this link or you will be banned from the site!">Insurance News | InsuranceNewsNet</a> <script> const lazyloadRunObserver = () => { const lazyloadBackgrounds = document.querySelectorAll( `.e-con.e-parent:not(.e-lazyloaded)` ); const lazyloadBackgroundObserver = new IntersectionObserver( ( entries ) => { entries.forEach( ( entry ) => { if ( entry.isIntersecting ) { let lazyloadBackground = entry.target; if( lazyloadBackground ) { lazyloadBackground.classList.add( 'e-lazyloaded' ); } lazyloadBackgroundObserver.unobserve( entry.target ); } }); }, { rootMargin: '200px 0px 200px 0px' } ); lazyloadBackgrounds.forEach( ( lazyloadBackground ) => { lazyloadBackgroundObserver.observe( lazyloadBackground ); } ); }; const events = [ 'DOMContentLoaded', 'elementor/lazyload/observe', ]; events.forEach( ( event ) => { document.addEventListener( event, lazyloadRunObserver ); } ); </script> <script type="text/javascript" id="disqus_count-js-extra"> /* <![CDATA[ */ var countVars = {"disqusShortname":"insurancenewsnetprod"}; //# sourceURL=disqus_count-js-extra /* ]]> */ </script> <script type="text/javascript" src="https://insurancenewsnet.com/wp-content/plugins/disqus-comment-system/public/js/comment_count.js?ver=3.1.4" id="disqus_count-js"></script> <script type="text/javascript" id="disqus_embed-js-extra"> /* <![CDATA[ */ var embedVars = {"disqusConfig":{"integration":"wordpress 3.1.4 6.9"},"disqusIdentifier":"652086 http://insurancenewsnet.com/article/new-version-7-1-of-kamakura-risk-manager-released-to-clients-in-32-countries-2/","disqusShortname":"insurancenewsnetprod","disqusTitle":"New Version 7.1 of Kamakura Risk Manager Released to Clients in 32 Countries","disqusUrl":"https://insurancenewsnet.com/oarticle/New-Version-71-of-Kamakura-Risk-Manager-Released-to-Clients-in-32-Countries-a-146800","postId":"652086"}; //# sourceURL=disqus_embed-js-extra /* ]]> */ </script> <script type="text/javascript" src="https://insurancenewsnet.com/wp-content/plugins/disqus-comment-system/public/js/comment_embed.js?ver=3.1.4" id="disqus_embed-js"></script> <script type="text/javascript" id="ppress-frontend-script-js-extra"> /* <![CDATA[ */ var pp_ajax_form = {"ajaxurl":"https://insurancenewsnet.com/wp-admin/admin-ajax.php","confirm_delete":"Are you sure?","deleting_text":"Deleting...","deleting_error":"An error occurred. Please try again.","nonce":"4719f2ca9d","disable_ajax_form":"false","is_checkout":"0","is_checkout_tax_enabled":"0","is_checkout_autoscroll_enabled":"true"}; //# sourceURL=ppress-frontend-script-js-extra /* ]]> */ </script> <script type="text/javascript" src="https://insurancenewsnet.com/wp-content/plugins/wp-user-avatar/assets/js/frontend.min.js?ver=4.16.12" id="ppress-frontend-script-js"></script> <script type="text/javascript" src="https://insurancenewsnet.com/wp-content/themes/inn-2/js/header.js?ver=1774944670" id="header-js"></script> <script type="text/javascript" src="https://insurancenewsnet.com/wp-content/themes/inn-2/js/content.js?ver=1774944672" id="content-js"></script> <script type="text/javascript" src="https://insurancenewsnet.com/wp-content/themes/inn-2/js/homepage.js?ver=1774944671" id="homepage-js"></script> <script type="text/javascript" src="https://insurancenewsnet.com/wp-content/themes/inn-2/js/sidebar.js?ver=1774944670" id="sidebar-js"></script> <script type="text/javascript" src="https://insurancenewsnet.com/wp-content/themes/inn-2/js/foundation.min.js?ver=1774944672" id="inn-foundation-js-js"></script> <script type="text/javascript" src="https://insurancenewsnet.com/wp-content/themes/inn-2/js/app.js?ver=1774944672" id="inn-app-js-js"></script> <script type="text/javascript" src="https://insurancenewsnet.com/wp-content/themes/inn-2/js/jquery.main.js?ver=1774944672" id="inn-jquery-main-js"></script> <script type="text/javascript" src="https://insurancenewsnet.com/wp-includes/js/comment-reply.min.js?ver=03d7e69d916fbd055f1cbed985d85f52" id="comment-reply-js" async="async" data-wp-strategy="async" fetchpriority="low"></script> <script type="text/javascript" id="social-rocket-js-extra"> /* <![CDATA[ */ var socialRocket = {"ajax_url":"https://insurancenewsnet.com/wp-admin/admin-ajax.php","where_we_at":{"id":652086,"type":"post","url":"https://insurancenewsnet.com/oarticle/New-Version-71-of-Kamakura-Risk-Manager-Released-to-Clients-in-32-Countries-a-146800","settings_key":"post_type_oarticle"}}; //# sourceURL=social-rocket-js-extra /* ]]> */ </script> <script type="text/javascript" src="https://insurancenewsnet.com/wp-content/plugins/social-rocket/assets/js/script.js?ver=1.3.5" id="social-rocket-js"></script> <script type="text/javascript" id="eael-general-js-extra"> /* <![CDATA[ */ var localize = {"ajaxurl":"https://insurancenewsnet.com/wp-admin/admin-ajax.php","nonce":"6e8ecc5673","i18n":{"added":"Added ","compare":"Compare","loading":"Loading..."},"eael_translate_text":{"required_text":"is a required field","invalid_text":"Invalid","billing_text":"Billing","shipping_text":"Shipping","fg_mfp_counter_text":"of"},"page_permalink":"https://insurancenewsnet.com/oarticle/New-Version-71-of-Kamakura-Risk-Manager-Released-to-Clients-in-32-Countries-a-146800","cart_redirectition":"","cart_page_url":"","el_breakpoints":{"mobile":{"label":"Mobile Portrait","value":767,"default_value":767,"direction":"max","is_enabled":true},"mobile_extra":{"label":"Mobile Landscape","value":880,"default_value":880,"direction":"max","is_enabled":false},"tablet":{"label":"Tablet Portrait","value":1024,"default_value":1024,"direction":"max","is_enabled":true},"tablet_extra":{"label":"Tablet Landscape","value":1200,"default_value":1200,"direction":"max","is_enabled":false},"laptop":{"label":"Laptop","value":1366,"default_value":1366,"direction":"max","is_enabled":false},"widescreen":{"label":"Widescreen","value":2400,"default_value":2400,"direction":"min","is_enabled":false}}}; //# sourceURL=eael-general-js-extra /* ]]> */ </script> <script type="text/javascript" src="https://insurancenewsnet.com/wp-content/plugins/essential-addons-for-elementor-lite/assets/front-end/js/view/general.min.js?ver=6.5.9" id="eael-general-js"></script> <script type="text/javascript" data-cfasync="false" src="https://insurancenewsnet.com/wp-content/plugins/s2member/s2member-o.php?ws_plugin__s2member_js_w_globals=1&qcABC=1&ver=250905-220318-3962260279" id="ws-plugin--s2member-js"></script> <script id="wp-emoji-settings" type="application/json"> {"baseUrl":"https://s.w.org/images/core/emoji/17.0.2/72x72/","ext":".png","svgUrl":"https://s.w.org/images/core/emoji/17.0.2/svg/","svgExt":".svg","source":{"concatemoji":"https://insurancenewsnet.com/wp-includes/js/wp-emoji-release.min.js?ver=03d7e69d916fbd055f1cbed985d85f52"}} </script> <script type="module"> /* <![CDATA[ */ /*! This file is auto-generated */ const a=JSON.parse(document.getElementById("wp-emoji-settings").textContent),o=(window._wpemojiSettings=a,"wpEmojiSettingsSupports"),s=["flag","emoji"];function i(e){try{var t={supportTests:e,timestamp:(new Date).valueOf()};sessionStorage.setItem(o,JSON.stringify(t))}catch(e){}}function c(e,t,n){e.clearRect(0,0,e.canvas.width,e.canvas.height),e.fillText(t,0,0);t=new Uint32Array(e.getImageData(0,0,e.canvas.width,e.canvas.height).data);e.clearRect(0,0,e.canvas.width,e.canvas.height),e.fillText(n,0,0);const a=new Uint32Array(e.getImageData(0,0,e.canvas.width,e.canvas.height).data);return t.every((e,t)=>e===a[t])}function p(e,t){e.clearRect(0,0,e.canvas.width,e.canvas.height),e.fillText(t,0,0);var n=e.getImageData(16,16,1,1);for(let e=0;e<n.data.length;e++)if(0!==n.data[e])return!1;return!0}function u(e,t,n,a){switch(t){case"flag":return n(e,"\ud83c\udff3\ufe0f\u200d\u26a7\ufe0f","\ud83c\udff3\ufe0f\u200b\u26a7\ufe0f")?!1:!n(e,"\ud83c\udde8\ud83c\uddf6","\ud83c\udde8\u200b\ud83c\uddf6")&&!n(e,"\ud83c\udff4\udb40\udc67\udb40\udc62\udb40\udc65\udb40\udc6e\udb40\udc67\udb40\udc7f","\ud83c\udff4\u200b\udb40\udc67\u200b\udb40\udc62\u200b\udb40\udc65\u200b\udb40\udc6e\u200b\udb40\udc67\u200b\udb40\udc7f");case"emoji":return!a(e,"\ud83e\u1fac8")}return!1}function f(e,t,n,a){let r;const o=(r="undefined"!=typeof WorkerGlobalScope&&self instanceof WorkerGlobalScope?new OffscreenCanvas(300,150):document.createElement("canvas")).getContext("2d",{willReadFrequently:!0}),s=(o.textBaseline="top",o.font="600 32px Arial",{});return e.forEach(e=>{s[e]=t(o,e,n,a)}),s}function r(e){var t=document.createElement("script");t.src=e,t.defer=!0,document.head.appendChild(t)}a.supports={everything:!0,everythingExceptFlag:!0},new Promise(t=>{let n=function(){try{var e=JSON.parse(sessionStorage.getItem(o));if("object"==typeof e&&"number"==typeof e.timestamp&&(new Date).valueOf()<e.timestamp+604800&&"object"==typeof e.supportTests)return e.supportTests}catch(e){}return null}();if(!n){if("undefined"!=typeof Worker&&"undefined"!=typeof OffscreenCanvas&&"undefined"!=typeof URL&&URL.createObjectURL&&"undefined"!=typeof Blob)try{var e="postMessage("+f.toString()+"("+[JSON.stringify(s),u.toString(),c.toString(),p.toString()].join(",")+"));",a=new Blob([e],{type:"text/javascript"});const r=new Worker(URL.createObjectURL(a),{name:"wpTestEmojiSupports"});return void(r.onmessage=e=>{i(n=e.data),r.terminate(),t(n)})}catch(e){}i(n=f(s,u,c,p))}t(n)}).then(e=>{for(const n in e)a.supports[n]=e[n],a.supports.everything=a.supports.everything&&a.supports[n],"flag"!==n&&(a.supports.everythingExceptFlag=a.supports.everythingExceptFlag&&a.supports[n]);var t;a.supports.everythingExceptFlag=a.supports.everythingExceptFlag&&!a.supports.flag,a.supports.everything||((t=a.source||{}).concatemoji?r(t.concatemoji):t.wpemoji&&t.twemoji&&(r(t.twemoji),r(t.wpemoji)))}); //# sourceURL=https://insurancenewsnet.com/wp-includes/js/wp-emoji-loader.min.js /* ]]> */ </script> <script> // Remove Newsletters jQuery(document).ready( function() { // Remove Newsletters jQuery("#s2member-pro-authnet-registration-form-custom-reg-field-newsletters-div").css({ 'visibility':'hidden', 'position': 'absolute' }); jQuery(function($) { jQuery("#divNewsletters label:contains('Private')").prev().remove(); jQuery("#divNewsletters label:contains('Private')").remove(); }); }); </script>  <script type="text/javascript"> (function(d,s,i,r) { if (d.getElementById(i)){return;} var n=d.createElement(s),e=d.getElementsByTagName(s)[0]; n.id=i;n.src='//js.hs-analytics.net/analytics/'+(Math.ceil(new Date()/r)*r)+'/1904291.js'; e.parentNode.insertBefore(n, e); })(document,"script","hs-analytics",300000); </script>   <div id="ttdUniversalPixelTag0059540fdc524fd29c2a6bbfb5204f15" style="display:none"> <script src="https://js.adsrvr.org/up_loader.1.1.0.js" type="text/javascript"></script> <script type="text/javascript"> (function(global) { if (typeof TTDUniversalPixelApi === 'function') { var universalPixelApi = new TTDUniversalPixelApi(); universalPixelApi.init("eac6kka", ["6iwr0lc"], "https://insight.adsrvr.org/track/up", "ttdUniversalPixelTag0059540fdc524fd29c2a6bbfb5204f15"); } })(this); </script> </div>   <script type="text/javascript"> window._qevents = window._qevents || []; (function() { var elem = document.createElement('script'); elem.src = (document.location.protocol == "https:" ? "https://secure" : "http://edge") + ".quantserve.com/quant.js"; elem.async = true; elem.type = "text/javascript"; var scpt = document.getElementsByTagName('script')[0]; scpt.parentNode.insertBefore(elem, scpt); })(); window._qevents.push({ qacct:"p-tpzUG4gdrYsFT", uid:"__INSERT_EMAIL_HERE__" }); </script> <noscript> <div style="display:none;"> <img src="//pixel.quantserve.com/pixel/p-tpzUG4gdrYsFT.gif" border="0" height="1" width="1" alt="Quantcast"/> </div> </noscript>  <script type="text/javascript"> _linkedin_partner_id = "1284554"; window._linkedin_data_partner_ids = window._linkedin_data_partner_ids || []; window._linkedin_data_partner_ids.push(_linkedin_partner_id); </script><script type="text/javascript"> (function(){var s = document.getElementsByTagName("script")[0]; var b = document.createElement("script"); b.type = "text/javascript";b.async = true; b.src = "https://snap.licdn.com/li.lms-analytics/insight.min.js"; s.parentNode.insertBefore(b, s);})(); </script> <noscript> <img height="1" width="1" style="display:none;" alt="" src="https://px.ads.linkedin.com/collect/?pid=1284554&fmt=gif" /> </noscript> </div> </div> </body> </html> <script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script>