LIMRA Study Reveals Life Insurance Coverage Gap Amid Strong Market Demand

LIMRA's 2024 study exposes a significant life insurance coverage gap despite strong consumer demand, highlighting education and digital marketing challenges in the U.S. market.

FICO and dacadoo Enhance Life Insurance Risk Assessment with AI

FICO and dacadoo partner to improve life insurance underwriting using AI-driven risk assessment and digital health data for personalized policies and faster decisions.

Coventry Launches Enhanced Cash Value Program for Universal Life Insurance

Coventry introduces an Enhanced Cash Value program to provide seniors with higher cash access from Universal Life policies without underwriting, streamlining advisor workflows and liquidity solutions.

Swiss Re Appoints Bernhard Kaufmann as Group Chief Risk Officer in 2025

Swiss Re appoints Bernhard Kaufmann as group chief risk officer effective October 2025, along with board re-elections and strategic exit from Asia-Pacific life insurance operations.

Coventry Launches Enhanced Cash Value Program for Universal Life Policies

Coventry introduces an Enhanced Cash Value program for Universal Life insurance policies, offering faster access to increased cash values without underwriting. This innovation supports advisors and policyholders with enhanced liquidity options.

MS&AD to Invest Y700bn to Expand North American Insurance Operations

Tokyo-based insurer MS&AD plans a Y700bn investment to grow its North American operations, aiming to double profits by 2025 amid strategic mergers and regulatory focus.

MS&AD Plans $5 Billion Investment to Expand North American Insurance Operations

MS&AD Insurance Group plans a $5 billion investment to boost its North American insurance operations, aiming to double profits and enhance governance through mergers and strategic acquisitions.

Lori Daybell Murder Conspiracy Trial Highlights Insurance Motive

Coverage of Lori Daybell's murder conspiracy trial in Maricopa County reveals life insurance as a key motive. Prosecutors and defense present conflicting narratives as jury deliberation begins.

MS&AD Plans $1.18B Profit Surge and $5B Investment to Boost North American Insurance Growth

MS&AD Insurance Group targets $1.18B net profit in North America by 2025 with a $5B investment plan and a strategic merger of non-life units to enhance governance and competitive position.

JAB Holding to Acquire Prosperity Life Group, Including Shenandoah Life, for $3.1B

JAB Holding plans a $3.1 billion acquisition of Prosperity Life Group, owner of Shenandoah Life Insurance, marking a significant move in the U.S. life insurance market pending Virginia regulatory approval.