According to the Best’ s Market Segment Report,“ Market Segment Outlook: Indonesia Non-Life Insurance,” AM Best expects continued expansion in Indonesia’ s non-life market, supported by ongoing infrastructure development, solid household consumption and sustained government spending, which should drive higher demand for commercial insurance.
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As part of its strategy to expand within the annuity market, Axonic Insurance TM, an annuity and investment solutions provider backed by Axonic Capital, and iPipeline ®, a leading provider of digital solutions for the life insurance and wealth management industries, announced a new alliance that streamlines the annuity order entry process for the…
A recent state report illustrates the insurance-premium increases that many New Hampshire consumers feel viscerally. In the 2025 fiscal year, which ended June 30, insurers collected more premiums than ever before, and paid a record $176 million in taxes on those premiums to the state. Phil Sletten, policy director for the N.H. Fiscal Policy Institute, said the…
Swiss Re’s US CEO discusses excess mortality, long COVID and GLP-1 drugs
Mortality has become a topic of greater importance in the life insurance industry following the COVID-19 pandemic in 2020.
As open enrollment season for employees across the U.S. is underway, New York Life Group Benefit Solutions today introduced results of an annual survey on the benefits preferences of employees. The findings suggest that human-centric, technology-enabled benefits guidance is key to meet the needs of American employees and close the benefits knowledge gap.
In honor of Childhood Cancer and Sickle Cell Awareness Month in September, we spoke with Georgia teenager Charlaye, who deals with the challenges of sickle cell disease every day, and her family, knowing that spreading awareness makes all the difference. Throughout the last 30 years, Aflac has raised more than $191 million for the Aflac Cancer and Blood…
Meanwhile today announced it has raised $82 million in new capital to meet growing demand from individuals seeking to protect their families and established financial institutions seeking to offer bitcoin-linked savings, retirement, and life insurance products to their customers. The round was co-led by Haun Ventures and Bain Capital Crypto with…
How car ownership affects your insurance costs and coverage. Whether you own, finance, or lease your car significantly affects insurance costs. According to Forbes Advisor, national averages show full coverage costs around $2,149 a year, while minimum liability runs closer to $631.
Greg Lindberg victims due to get paid after Judge OKs sharing contact info
A North Carolina judge approved the release of personal policyholder information so the special master can begin getting funds to victims of Greg Lindberg’s fraud.
Personalization and digital playbooks: leading the way in life insurance
The life insurance industry is at a pivotal inflection point, moving from a general approach to one of laser-focused precision.
Symetra Life Insurance Company announced that its acquisition through reinsurance of Dearborn Group’ s life and disability business closed on Oct. 1, 2025, in accordance with the terms of the definitive agreement reported on June 30, 2025. The arrangement includes a multi-year distribution agreement with Dearborn Group’ s parent company, Health Care…
South Korea- based DB Insurance Co. Ltd. says it has been in the U.S. since 1984 through a Guam branch, but its $1.65 billion acquisition of The Fortegra Group Inc. will significantly expand its U.S. business. "DB seeks to expand in the U.S. and enter the European specialty insurance markets, and Fortegra is a natural fit for their strategy and vision," Kahlbaugh said in…
Private equity life insurers turn to Japan in latest reinsurance dealmaking
A pair of private equity-backed life insurers announced significant reinsurance deals this week with Japanese reinsurance companies.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of The Dai-ichi Life Insurance Company, Limited, the wholly owned operating subsidiary of Dai-ichi Life Holdings, Inc.. The outlook of these Credit Ratings is stable. The group’ s total reported capital declined by 10% year-over-year to JPY 3.5 trillion as of 31…
AM Best has placed under review with positive implications the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of the operating subsidiaries of The Fortegra Group, Inc.. The property/casualty operating subsidiaries of Fortegra include Lyndon Southern Insurance Company; Insurance Company of the South; Response Indemnity…
“Since its launch in April 2024, myLeaveGuide SM has simplified the parental leave planning process for more than 20,000 individuals,” said Kristina Welke, Vice President, Strategy, Solutions, and Marketing at New York Life Group Benefit Solutions.“ With myLeaveGuide Pro SM, we’ re going further— building on input from both employers and employees to deliver…
Majesco, the insurance industry’ s foremost innovator in cloud-native, AI-driven software, announced today its role as a Title Sponsor of ITC Vegas 2025, the world’ s largest gathering of insurance innovators. Taking place October 14-16, 2025 at Mandalay Bay, Las Vegas, Majesco will bring its bold new theme, Dare to Imagine, to the forefront, challenging the…
Whole life: Helping clients navigate life’s milestones
Life’s biggest milestones bring both excitement and new financial responsibilities.
AM Best has affirmed the Financial Strength Ratings of A+ and the Long-Term Issuer Credit Ratings of“ aa” of the main rated insurance subsidiaries of Zurich Insurance Group Ltd. At the same time, AM Best has affirmed the Long-Term ICR of“ a+” of Zurich. Zurich reported a Swiss Solvency Test coverage ratio of 255% at the end of June 2025.
Although the job market has softened slightly, LIMRA research shows workplace life insurance and disability insurance remain a priority.
