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News
Moody’s Assigns First-Time Insurance Financial Strength Ratings to Freedom Insurance and Freedom Life
1+ week, 1+ day ago (177+ words) The Baa3 rating makes Freedom Life the first company within Freedom Holding Corp. to receive an investment-grade rating from Moody’s. The agency began expanding its coverage of Freedom earlier this year, assigning a Ba3 rating to Freedom Bank Kazakhstan in March. Moody’s…...
Securian Financial increases individual life retention to $10 million
3+ week, 5+ day ago (251+ words) The new corporate retention limit took effect August 1, 2026. The post Securian Financial increases individual life retention to $10 million appeared first on Coverager - Insurance news and insights. Securian Financial Securian Financial Founded: 1880 Headquarters: Saint Paul, Minnesota, United States See full company…...
Regulators clear way to rewrite annuity illustration rules
1+ mon, 4+ week ago (567+ words) A National Association of Insurance Commissioners' committee voted Monday to reopen the annuity disclosure model to give regulators a chance to tamp down illustrations. Regulators with the Life Insurance and Annuities Illustrations Working Group say that some sales illustrations project…...
Scam losses cluster at the life moments insurers cover
2+ mon, 6+ day ago (143+ words) Read next: Cyber’s most passionate advocates are gathering on a pier this July Read next: Highly significant cyber incidents return after five years For personal-lines insurers, the 35-to-44 finding places the peak-exposure group at the very point of buying the…...
Cornerstone Insurance shareholders approve business split, name change to Cornerstone Holdings Plc
2+ mon, 1+ week ago (370+ words) Shareholders of Cornerstone Insurance Plc have approved a restructuring scheme that will separate the company’s life and non-life insurance operations and transform the firm into a non-operating holding company to be known as Cornerstone Holdings Plc. The approval was granted…...
Are UK insurers ready for the PRA's solvent exit deadline?
2+ mon, 3+ week ago (837+ words) UK insurers have less than two weeks to demonstrate they can exit the market in an orderly, solvent manner before the Prudential Regulation Authority's (PRA) new solvent exit planning regime comes into force. The framework, set out in Policy Statement…...
Zinnia Launches Advanced Digital In-Force Servicing Experience for Annuities
3+ mon, 3+ week ago (145+ words) The Joplin Globe - Download the Globe app to my phone or tablet GREENWICH, Conn.--(BUSINESS WIRE)--May 18, 2026-- Zinnia, a leading life and annuity technology company, today announced the launch of a fully digitized in-force annuity servicing capability, giving the industry…...
How Canada's commercial liability market is shifting
4+ mon, 1+ week ago (490+ words) Canada’s commercial liability market has shifted decisively in favour of buyers in 2026, according to Aon’s Spring 2026 Canadian Insurance Market Update. “After several years of constrained capacity and firm pricing, insurers are now competing actively for quality accounts, particularly in primary…...
Foresters Financial revamps Accelerated Underwriting program, increasing limits to $2 million and expanding eligibility
4+ mon, 2+ week ago (308+ words) Apr 28, 2026, 10:00 ET Underwriting has traditionally been one of the slowest, most rigid parts of the life insurance process. Foresters is changing that, with an enhanced AUW program that allows even more applicants to go fluidless, eliminating unnecessary steps and speeding…...
Nominations Open: Best Life Insurance Company for Digital Transformation 2026
4+ mon, 3+ week ago (177+ words) The Global Banking & Finance Review Awards programme has officially opened nominations for Best Life Insurance Company for Digital Transformation 2026, recognising organisations that have demonstrated excellence in leveraging technology to transform life insurance operations, enhance customer experience, and drive innovation across…...