A bid by disgraced financier Greg Lindberg to loosen the receivership controls over his business assets was rejected last week by the North Carolina Court of Appeals.
KBRA assigns an insurance financial strength rating of A to Soteria Reinsurance Ltd. Soteria reported year-end 2024 GAAP equity of $84.8 million and a BSCR coverage ratio of 319%, well above regulatory requirements and internal targets. The company’ s role within Fidelity’ s customer-centric model, including its reinsurance of predictable single premium…
2025 DEC 19– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ HUMPBACK” by SESHIN PATENT& LAW FIRM, representing Hanwha Life Insurance Co., Ltd. This application was made available to the public on December 06, 2025.
The following information was released by South Dakota Senator Mike Rounds:. U.S. Senators Mike Rounds, a member of the Senate Committee on Banking, Housing, and Urban Affairs, and Gary Peters introduced legislation to increase transparency and accountability within the Financial Stability Oversight Council. This commonsense bill would build on that…
Jackson Financial Inc. 1 today announced that Alison Reed has been appointed Head of Distribution of Jackson National Life Distributors LLC, the marketing and distribution business of Jackson National Life Insurance Company. “Alison is a proven leader with a track record of successful execution to support Jackson’ s strategic growth,” commented Chris Raub,…
According to the report, the industry’ s overall operating profit reached HKD 8.1 billion in 2024, including HKD 3.3 billion in undiscounted underwriting profits. “The overall performance of Hong Kong’ s non-life market is driven by factors such as increased consumer awareness, ongoing regulatory initiatives, and the development of the Guangdong- Hong…
As product sales continue to be sold through independent channels, carriers are increasingly reliant on distributors to push a broader portfolio of product offerings.
Nearly half of Americans say they are more stressed heading into 2026 than they were at the beginning of 2025, according to the 2026 New Year’ s Resolutions Study* from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America. At the end of 2025, 48% say they are more stressed than they were at the start of the year.
New York Life Investments today announced the launch of the NYLI MacKay Muni Allocation ETF, an actively-managed municipal bond ETF designed to deliver attractive, tax-exempt income through a combination of predominately long-duration investment grade municipal securities with a strategic allocation to high yield municipals. The Fund expands the New…
The Best’ s Market Segment Report,“ Market Segment Outlook: Malaysia Non-Life Insurance,” states that the non-life sector remains well-positioned for continued growth, even as the country’ s real GDP growth is forecast to moderate in the near term amid global economic headwinds. Bank Negara Malaysia, the country’ s central bank and lead regulator, continues to…
2025 DEC 15– By a News Reporter-Staff News Editor at Disease Prevention Daily– A new study on Drugs and Therapies- Kinase Inhibitors is now available. Financial supporters for this research include Taiju Life Insurance Company, Fukuda Foundation for Medical Technology, Grant-in-Aid for Scientific Research (C) from the Japan Society for the Promotion of…
The following information was released by the European Union:. The European Insurance and Occupational Pensions Authority published today its December 2025 Financial Stability Report in which it analyses the risks and vulnerabilities facing European insurers and occupational pension funds in a period marked by economic fragility, subdued growth and…
A public hearing is to be held before the City of Libby City Council on Monday December 15, 2025, at 7:00 p.m. at Libby City Hall, 952 East Spruce Street, Libby, Montana, to consider the subdivision application and make a decision to approve, approve with conditions, or deny the proposed subdivision. Information on the proposed application is available for review…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the life/health insurance subsidiaries of Manulife Financial Corporation. The ratings reflect MFC’ s L/H subsidiaries’ balance sheet strength, which AM Best assesses as very strong, as well as their strong operating performance, favorable business…