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Posts Tagged ‘life insurance’

Since Karen Monks and I held our webinar on the strategies and options for managing closed blocks, we have had a number of follow-up questions.   We’ll aim to answer as many as possible in this blog.    If you any further questions, then please do not hesitate to contact us directly. What regulatory /compliance problems […]

Oct 10th, 2012 | Filed under Insurance

Since Karen Monks and I held our webinar on the strategies and options for managing closed blocks, we have had a number of follow-up questions. We’ll aim to answer as many as possible in this blog. If you any further questions, then please do not hesitate to contact us directly. What regulatory /compliance problems do […]

Oct 10th, 2012 | Filed under Insurance, IT, Market Trends, Outsourcing, Regulation, Strategy

I read with great interest the article in The Wall Street Journal today about bioprinting (http://online.wsj.com/article/SB10000872396390443816804578002101200151098.html?KEYWORDS=3d+printing). This offers great hope for critically ill patients and possible future relief for those of us whose natural sinews are reminding us of the law of entropy (read aches and pains). It also should give some pause to actuaries […]

Sep 18th, 2012 | Filed under Insurance

Last week, the Hartford (USA) announced that it was refocusing its business strategy. The immediate impact of this change was to place its annuity business into runoff, and to initiate a search for a buyer (or strategic alternative if a buyer cannot be found) of its Individual Life, Woodbury Financial Services and Retirement Plans. In […]

Mar 26th, 2012 | Filed under Insurance

Hartford Life just introduced Issue First, a new way to provide immediate life insurance protection. Get this . . . the policy is issued before underwriting. The upper limit on face value and age is $2 million and 66, respectively, so they are not just targeting small policies or young insurers. The Hartford estimates that […]

Nov 11th, 2011 | Filed under Insurance

One might naturally assume that the tragic events in northeastern Japan would also be devastating the Japanese insurance industry. By the beginning of April some 320,000 P&C claims related to the disasters had already been filed with insurers. After the Kobe earthquake of 1995, when many home and business owners discovered their policies did not […]

Apr 12th, 2011 | Filed under Insurance

Will automated underwriting systems finally replace the underwriter for term life insurance products? Could these systems be the catalyst that finally allows life insurers to penetrate the ever elusive middle market? I think both answers are “maybe.” Today’s new business and underwriting systems offer broad functionality for the producer and the underwriter. Reflexive electronic applications, […]

Nov 23rd, 2010 | Filed under Insurance