INSURASALES

Tag: Reinsurance

SBLI Enhances Life Insurance Claims with Swiss Re’s CARE Decision Engine

SBLI integrates Swiss Re’s CARE claims decision engine to accelerate and streamline life insurance claims processing, enhancing accuracy, transparency, and beneficiary experience across 49 states and DC.

Colorado Senate Blocks Wildfire Reinsurance Program Amid Insurance Cost Concerns

Colorado lawmakers rejected a bill to create a wildfire reinsurance program intended to stabilize the property insurance market amid rising wildfire risks and insurance costs. The proposal failed due to concerns over new fees on homeowners.

Munich Re Life US and MIB Partner to Enhance Electronic Health Records Usage in Life Insurance Underwriting

Munich Re Life US and MIB collaborate to improve access and analytics of electronic health records, streamlining life insurance underwriting processes and enhancing data-driven decision-making.

Aon Names Anthony DiLorenzo Head of US Casualty Reinsurance Solutions

Aon appoints Anthony DiLorenzo as head of US casualty reinsurance, focusing on managing long-tail risks amid market demands. Key leadership shifts enhance reinsurance client services globally.

Aon and Brit Announce Strategic Leadership Changes in US Casualty and Underwriting

Aon appoints Anthony DiLorenzo as head of US casualty for Reinsurance Solutions; Brit promotes Jonathan Mudd to active underwriter for Syndicate 2988, enhancing specialty insurance leadership.

MetLife Reinsures $10B in Variable Annuities with Talcott Resolution

MetLife’s $10 billion variable annuity reinsurance deal with Talcott Resolution aims to lower tail risk and release capital, enhancing risk management and financial stability.

Sapiens to Acquire AdvantageGo, Expanding P&C Market Presence

Sapiens International Corporation to acquire AdvantageGo for $61.73M, boosting its underwriting and reinsurance capabilities in the global P&C insurance market with expansion into key territories.

Cincinnati Financial Q1 2025: Catastrophe Losses Impact Earnings Amid Premium Growth

Cincinnati Financial Corporation reports Q1 2025 net loss due to increased catastrophe losses; highlights premium growth and strong investment income amid market challenges.

AM Best Upgrades Unity Financial Life Insurance Credit Rating to BBB+

AM Best upgrades Unity Financial Life Insurance Company's Long-Term Issuer Credit Rating to BBB+, affirming its financial strength and noting improved capital adequacy and balance sheet strength within the U.S. life insurance sector.

AM Best Urges Stress Testing Amid Rising US Property Catastrophe Losses

AM Best reports rising catastrophe losses in US property insurance, urging enhanced stress testing and risk management amid growing secondary weather perils.