Insurance Business America

With outsourcing growth, managing vendor threats becomes a top priority Potential risks from external vendors, service providers, and partners—collectively known as third-party risks—are becoming a growing concern for banks, according

MGA leader talks about M&A red flags and the one question that helps uncover cultural alignment Amid fast-paced mergers and acquisitions (M&A) across the insurance industry, organizations often admit to

Retirees claim the deal violated fiduciary duties Bristol-Myers Squibb Co is facing a class-action lawsuit related to a $2 billion pension risk transfer deal made five years ago with Athene

Wind and storm surge drive estimated losses Estimated losses from Hurricane Francine could reach $1.5 billion, including insured wind and storm surge losses, according to data from CoreLogic. The modeling

VP of property and casualty division on the changing nature of property risk in 2024 With a focus on commercial property casualty, Britany LaManna (pictured) believes that the complexity of

Whole life, universal life, and term policies to be offered Foresters Financial has been selected as a US life insurance provider by Allstate Financial Services. Under the agreement, Allstate’s exclusive

He points to industry profits after years of losses The CEO of Munich Re, Joachim Wenning, has pushed back against calls to lower the price of natural catastrophe coverage, characterizing

Results show 74% of insurers report steady or increasing fraud cases worldwide Fraud remains a top concern for insurers worldwide, according to the findings from the Reinsurance Group of America

Hurricane Ian influenced risk management AM Best anticipates that most losses from Hurricane Francine will be manageable and largely absorbed by primary insurers due to the industry’s recent shift toward

Infrastructure and regulatory preparedness highlighted Matthew Bianchi, chairman of the Malta Financial Services Advisory Council (MFSAC) working group on insurance and pensions, stated that Malta is in a strong position