Browsing: insurance

Edelweiss Life Insurance, a joint venture, anticipates achieving profitability within the next few years, according to its top executive.

A group of policyholders has filed a lawsuit against Penn Mutual Life Insurance Co., claiming they were misled into purchasing high-premium life insurance policies based on false promises of tax benefits.

Markel Group Inc. has appointed Simon Wilson as Chief Executive Officer of Markel Insurance, overseeing the company’s primary underwriting businesses.

Allianz saw a 6.4% year-on-year increase in emissions intensity within its commercial insurance unit, although revenue from sustainable solutions grew significantly.

A group of policyholders has launched a lawsuit against Penn Mutual, accusing the company of misrepresenting life insurance policies for tax benefits.

The Financial Services Commission (FSC) is allowing insurance companies to diversify their business offerings to respond to demographic shifts, climate change, and technological advancements.

These plans offer both life coverage and a payout option, providing a potential financial safety net.

Marsh has introduced Cyber Echo Encore, extending its Cyber Echo insurance facility to provide clients with up to $45 million in additional cyber insurance coverage.

PHLY is helping businesses manage the risks of alternative energy solutions.

The South West Investment Fund, managed by Maven Capital Partners, has invested £1.15 million in CHC Insurance Services to support its growth and global expansion.