article thumbnail

Private Equity Tie-Ups With Insurers Create Risks, BOE Says

Insurance Journal

Private equity’s advance into the insurance sector exacerbates the risk of “fire sales” that disrupt the functioning of financial markets, the Bank of England warned. A growing number of PE firms in the US have acquired life insurers, while British …

Risk 282
article thumbnail

Private Equity’s Insurance Bets Raise Risks, BIS Researchers Say

Insurance Journal

Private equity firms have changed the business models of life insurers they invest in, posing risks that are more likely to materialize with higher interest rates, according to researchers at the Bank for International Settlements. Buyout firms channel the insurance

Risk 261
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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, …

article thumbnail

Smartwatches Measuring Mortality Risks Are New Tool for Insurers

Insurance Journal

Smartwatches and other wearable technologies have the potential to change the pricing of life insurance policies by offering better data about individuals’ mortality risk, according to a new report by reinsurance company Munich Re and analytics firm Klarity. The study …

Risk 135
article thumbnail

The Prudential Advantage: Insights From A licensed Life Insurance Agent

RiskQuoter

Prudential is one of the most competitive life insurance companies for high risk health issues such as HIV, cancer, heart disease, diabetes, as well as for tobacco users, private pilots and much more. The post The Prudential Advantage: Insights From A licensed Life Insurance Agent appeared first on RiskQuoter.com.

article thumbnail

How To Become a Life Insurance Agent

Final Expense Brokerage

May 11, 2024 10:44:08 AM Contact Us Are you interested in becoming a life insurance agent? Share: Understanding the Role of a Life Insurance Agent As a life insurance agent, your primary role is to help individuals and families protect their financial future by providing them with suitable life insurance policies.

article thumbnail

SCDOI Orders Atlantic Coast Life and its Reinsurer to Cease Writing in the State

Insurance Journal

South Carolina regulators have ordered Atlantic Coast Life Insurance and its captive reinsurer, Southern Atlantic Re, to stop writing new policies by Tuesday, Dec. The carriers also were ordered to notify all producers about the cease-and-desist directive from the …