Tag: Life Insurance

DXC Powers ivari’s Cloud Transformation, Cutting Operating Costs by 22%

DXC Technology enables Canadian insurer ivari to modernize core systems via AWS cloud, reducing operating costs by 22% and launching new life insurance products.

Global Universal Life Insurance Market to Reach $132.3B by 2033

Explore the global universal life insurance market growth projected to $132.3B by 2033, highlighting regulatory trends, AI-driven underwriting, and digital transformation shaping the industry.

Venerable Strengthens Variable Annuity Flow Reinsurance Leadership

Venerable appoints Alexandra Findleton as head of flow reinsurance, expanding its role in variable annuity flow reinsurance through strategic deals with Corebridge and SunAmerica, boosting assets under management.

Texas Funeral Home Chairman Indicted for Fraudulent Life Insurance Practices

Rosewood Funeral Home chairman indicted for allegedly pressuring senior into unauthorized life insurance policy and misappropriating prepaid funeral funds.

Swiss Re Updates Underwriting Guidelines to Expand HIV Insurance Coverage

Swiss Re revises underwriting manual and introduces AI tool to improve HIV risk assessment, enhancing life insurance access for people living with HIV.

Venerable Appoints Alexandra Findleton Head of Flow Reinsurance to Boost Growth

Venerable names Alexandra Findleton Head of Flow Reinsurance, expanding its variable annuity reinsurance operations and growth strategy in the U.S. market.

Comprehensive Guide to Life Insurance: Types, Costs, and Comparison Strategies

Explore detailed insights into life insurance types, underwriting factors, rider options, cost considerations, and effective quote comparison to inform industry professionals.

Indexed Universal Life Insurance: Impact of Cap Rates on Policyholder Value

Explore how cap rates in Indexed Universal Life insurance significantly influence policyholder returns, often more than market performance. Insights for advisors and carriers on maintaining stable, fair cap policies.

Allianz Maintains Stable Interest Rates for German Life Insurance in 2024

Allianz to keep total interest rates stable for German life insurance policies in 2024, signaling financial stability amid recovery from low rate era. Insights on guaranteed interest and profit participation.

Global Term Insurance Market to Reach $1.2 Trillion by 2032, Driven by Digital Transformation

Explore the projected growth of the global term insurance market to $1.2 trillion by 2032, driven by digital innovation, emerging economies, and evolving consumer preferences. Key insights on product types, regional growth, and top insurers included.