INSURASALES

Tag: Insurance Industry

Palomar Holdings Outperforms with Strong Growth and Profitability in Specialty Insurance

Palomar Holdings reports strong earnings growth, premium valuations, and strategic expansion in crop and Surety insurance, highlighting its robust position in specialty insurance markets.

Global Natural Catastrophe Insured Losses Hit $80B in Early 2025

Natural catastrophe insured losses hit $80 billion in H1 2025, driven by record wildfires and severe storms. Swiss Re highlights wildfire risks, urbanization, and calls for improved mitigation strategies.

Increasing Trend of Outsourcing Investment Management Among U.S. Life/Annuity Insurers

AM Best reports a growing number of U.S. life and annuity insurers outsourcing investment management to asset managers, driven by private equity involvement and need for diversified expertise.

Kingstone Names Randy L. Patten as CFO to Drive Finance and Growth Strategy

Kingstone Companies appoints Randy L. Patten as CFO, bringing extensive insurance financial leadership experience to advance growth and regulatory compliance in the Northeast P&C market.

United Risk Acquires WTW’s Verita, Rebrands as Verist to Expand Specialty Insurance

United Risk acquires WTW's Verita, rebranding it as Verist to enhance specialty insurance services across multiple sectors including real estate and life sciences.

Life Insurers Expand Strategic Role in Credit Markets, Morgan Stanley Reports

Morgan Stanley reports on the strategic rise of life insurance companies in credit markets, emphasizing their evolving asset allocation strategies and growing market influence.

IME Life Insurance Honors Top Agents at 2025 Business Excellence Awards

IME Life Insurance honored its leading agents at the 2025 Business Excellence Award Night, reinforcing its focus on agent collaboration and technology-driven services in Nepal's insurance sector.

Selective Insurance Group Board Member Resigns Amidst Strategic Focus Shift

Wole Coaxum resigns from Selective Insurance Group's Board of Directors to focus on other professional priorities. The insurer maintains a strong strategic vision and reputation in the property and casualty market.

Addressing Life Insurance Gaps in the U.S. Sandwich Generation

Explore the life insurance challenges and needs of the U.S. sandwich generation balancing multigenerational care, and how insurers can improve solutions and education.

Allianz Life Reports Major Social Engineering Data Breach Impacting 1.4M Customers

Allianz Life Insurance Company announces a major social engineering data breach affecting 1.4 million U.S. customers, part of a growing trend of cyberattacks on insurers by groups like Scattered Spider.