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Tokio Marine Pauses Sale of $1B Southeast Asia Life Insurance Business, Sources Say

Insurance Journal

Japanese insurer Tokio Marine has paused the sale of its $1 billion Southeast Asia life insurance business, partly due to a dispute with a Malaysian partner over an expiring products distribution agreement, four sources with knowledge of the matter said.

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Japan’s Non-Life Insurers Must Cut Cross-Shareholdings to Zero, Industry Group Says

Insurance Journal

A trade group representing Japan’s biggest non-life insurers said on Thursday that its member firms should set a clear deadline to cut their strategic holdings of listed client shares to zero. The General Insurance Association of Japan published the guideline …

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Unlocking Efficiency in Life Insurance Renewals:

Insurance Journal

The Hidden Cost of Manual License Verifications Keeping insurance producers’ licenses and appointments compliant is a critical responsibility shared by nearly everyone in the insurance distribution channel. This post is part of a series sponsored by AgentSync. However, plenty of …

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Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening

Insurance Journal

Global non-life premiums are expected to hit a decade-high growth level of 4.3% in 2024, following the repricing of risk over the past several years in response to elevated claims, according to Swiss Re’s sigma. “Premium rates are now moderating, …

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Investment Grade Life Insurance?

The Insurance Pro

Key Things to Know The term investment grade life insurance is a marketing tactic used by agents to sell whole life insurance policies. While some whole life policies may be better suited for cash value maximization, there is no official designation for investment grade life insurance.

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Overcoming life insurance objections

An-Insurance-Agents-Career

Overcoming life insurance objections and rebuttals to objections for newly married and young single people.

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Whole Life Insurance Dividend Options

The Insurance Pro

Key Things to Know Whole life insurance dividend options provide policyholders with flexibility and versatility. Keep Reading The post Whole Life Insurance Dividend Options appeared first on The Insurance Pro Blog.