Recent discussions have centered around the health policy changes implemented during former President Donald Trump's administration and their long-term impact on medical costs in the United States. There is growing concern that these changes are contributing to the rising expenses associated with
The property and casualty (P&C) insurance sector stands at a pivotal point where growth opportunities are intertwined with the challenges of managing catastrophic risks. As insurers move into a future marked by increased digitalization and technological advances, industry players are strategically
Africa's insurance market is undergoing a fundamental transformation, witnessing a robust growth trajectory that signals a potential digital revolution. It is projected to reach USD 160.9 billion by 2033, increasing from USD 92.9 billion in 2024, thanks to a compound annual growth rate (CAGR) of
The International Finance Corporation says that investments in green buildings in developing countries could reach $24.7 trillion by 2030 . The industry is paying more attention to environmental, social, and governance principles. Construction companies are under increasing pressure to reduce
In recent years, micro-captive insurance companies have come under tightened scrutiny from the IRS, igniting a fierce debate surrounding their legitimacy and tax deferral strategies. Although the 831(b) election was historically intended to support small mutual insurers in building financial
The intricate world of international contracts and insurance policies comes front and center as Travelers Property Casualty Company of America grapples with its potential obligations to the Wellons Group, Inc. A high-stakes $26 million lawsuit initiated by Tolko Industries in Canada has thrust this
In the ever-evolving landscape of insurance, DXC Technology's new offering, Assure Illustrations, promises to transform how life insurers generate and deliver policy illustrations. Simon Glairy, an expert in insurance technology, helps shed light on how this AI-powered solution ushers in a new era
Recent years have seen a crescendo of regulatory examination surrounding micro-captive insurance companies. These entities, often leveraging the 831(b) tax election, find themselves squarely in the crosshairs of the IRS due to the agency's concerns over potential tax avoidance schemes. Originating
In a significant legal development, Erie Insurance has emerged victorious in a landmark underinsured motorist (UIM) case revolving around the contentious "regular use" exclusion in Pennsylvania. This ruling, upheld by the state's Superior Court, sends a reverberating message about insurance policy
In the evolving landscape of asset management, 1823 Partners (US) LLC has emerged as a beacon of innovation, setting the pace for transformative investment strategies tailored to insurance needs. By navigating the complexities of asset-backed finance, real estate, credit, and insurance, the firm is
