Pacific Life Insurance Company announced that it has launched Pacific Admiral VUL 2 1, a new flagship variable universal life insurance product. “Pacific Admiral VUL 2 represents the next generation of our VUL offerings, building on the strengths of our prior products,” said Sim Zady, vice president of life product development, Consumer Markets, Pacific Life.“…
Reinsurance
These findings are detailed in P/C Economics and Underwriting Projections: A Forward View, a members-only briefing from the Insurance Information Institute and Milliman. “The industry’ s 2025 results should be viewed in the context of the significant financial strain insurers have faced in recent years,” said Michel Léonard, Ph.D., CBE, chief economist and data…
The following information was released by the Insurance Information Institute:. MALVERN, Pa., May 15, 2026 The U.S. property/casualty insurance industry showed improving underwriting conditions in 2025 following several years of elevated catastrophe losses, inflation-driven claims costs, and post-pandemic economic volatility. These findings are…
KKR& Co. Inc. announced today that Scott C. Nuttall, Co-Chief Executive Officer, will present at the Bernstein 42 nd Annual Strategic Decisions Conference on Wednesday, May 27, 2026 at 3:30 PM ET. KKR’ s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. For additional information…
AM Best has upgraded the Long-Term Issuer Credit Rating to“ aa” from“ aa-” and affirmed the Financial Strength Rating of A+ of MS Amlin AG. The company is a subsidiary of Mitsui Sumitomo Insurance Company, Limited. The company, with its operating hubs in Zurich, Bermuda and the United States, is a key platform for MS&AD’ s strategy to increase its exposure to international…
–ALIRT’s latest white paper details how higher interest rates, record annuity sales, increased reinsurance activity, and the growing influence of private investment firms and global insurers have accelerated structural changes across the U.S. life insurance industry. Individual annuity sales experienced historic growth from 2022 through 2025, with the…
BROOKFIELD, NEWS, May 14, 2026– Brookfield Wealth Solutions today announced financial results for the three months ended March 31, 2026. Sachin Shah, CEO of Brookfield Wealth Solutions, stated,“ We have built a scaled and well capitalized insurance platform with a resilient portfolio of $180 billion insurance assets today. Significantly expanded our…
Accelerant Holdings, a data-driven company modernizing the specialty insurance marketplace through the Accelerant Risk Exchange, today announced financial results for the first quarter ended March 31, 2026. We delivered strong performance against all six of our KPIs, reflecting the ongoing momentum across our business,” said Jeff Radke, Chairman and CEO.“…
Pet ownership rose to 95 million U.S. households in 2025, the American Pet Products Association reported, with Americans projected to spend $165 billion on pet care in 2026. “Pets are deeply integrated into American households, but with that companionship comes financial responsibility and risk,” said Triple-I CEO Sean Kevelighan.“ Our latest Issues Brief…
The following information was released by the Insurance Information Institute:. As pet ownership rises across the United States, so do the financial, liability and insurance considerations that come with it, according to the Insurance Information Institute's latest members-only Issues Brief, Pet Insurance: State of the Risk. "Pets are deeply integrated into…
The MEMIC Group, a leading workers’ compensation insurance provider focused on delivering proactive risk management and claims solutions, has experienced a marked uptick in reserving accuracy following the implementation of an AI-enabled prediction model from Gradient AI, a prominent enterprise software provider of artificial intelligence tools for…
PEMBROKE, Bermuda—- Pelagos Insurance Capital Limited, formerly Fidelis Insurance Holdings Limited, an expert capital allocator and risk selector in specialty insurance and reinsurance, announced today it will begin trading on the New York Stock Exchange under its new name and ticker symbol“ PLGO.” This follows the Company’ s recent rebrand from Fidelis…
kWh Analytics, a leader in underwriting the energy transition through its licensed insurance subsidiary, Solar Energy Insurance Services, today released its 8th annual Solar Risk Assessment, a comprehensive report designed to provide an objective, data-driven evaluation of renewable energy and battery energy storage systems risk.
The Company has rebranded as Pelagos Insurance Capital, effective May 11, 2026 The Company’ s common shares are expected to begin trading under the new name and ticker symbol“ PLGO,” effective May 12, 2026 Pelagos Insurance Capital will report its first quarter 2026 financial results after market close on May 13, 2026 and hold its earnings call on May 14, 2026.
A comprehensive legal system abuse campaign, conducted by the Insurance Information Institute in Georgia in 2025, has been recognized with an Honorable Mention designation from the Hermes Creative Awards in two categories: Advertising Campaign and Outdoor/ Out-of-Home Advertising Campaign. Triple-I recognized the legal system abuse challenges…
The following information was released by the Department of the Treasury:. Today, Secretary of the Treasury Scott Bessent met with state insurance commissioners and the National Association of Insurance Commissioners. Secretary Bessent and the state insurance commissioners discussed the U.S. life insurance sector, including recent developments in…
The article’ s subtitle read:“ Orlando and other Florida cities are either losing domestic migrants or gaining them more slowly, threatening the state’ s economic model.”. Inflation in parts of Florida outpaced the national average over the past decade and home-insurance rates soared. “‘The affordability picture has changed in Florida almost more than anywhere…
Assured Guaranty Ltd. announced today its financial results for the three-month period ended March 31, 2026. “Assured Guaranty began 2026 with a strong first quarter,” said Dominic Frederico, President and CEO.“ In new business production, year-over-year, we doubled first quarter GWP to $70 million and nearly doubled first quarter PVP to $73 million, with…
Neptune Insurance Holdings, Inc., the parent company of Neptune Flood, issued the following statement in response to the FEMA Review Council’ s report to the President regarding the future of the National Flood Insurance Program. Across the United States, over 15 million properties at risk of flooding remain uninsured today. By combining the stability of the…
