China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference in Hong Kong this week, Li Yunze, the Chairman of the National Financial Regulatory Administration (NFRA), explained China’s ambition to see more of its own insurance and reinsurance companies establishing international branch offices in Hong Kong.
He also highlighted ILS as a continued focus, asking re/insurers to look to the Special Administrative Region as a location to sponsor catastrophe bonds and insurance-linked securities (ILS) out of.
“The Financial Regulatory...
May is Mental Health Awareness Month, a time dedicated to raising awareness and reducing the stigma surrounding mental health issues. It is crucial to understand that mental illnesses are prevalent in the United States, affecting a significant portion of the population. According to the Center for Disease Control and Prevention (CDC), more than fifty percent of individuals will experience a mental health diagnosis at some point in their lives.
It is essential to recognize that mental health is dynamic and can be influenced by various factors such as stress, trauma, genetics, and lifestyle choices. Regularly checking in with yourself and loved ones can help in maintaining emotional...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
Aspen Capital Markets, the third-party and alternative reinsurance capital management unit of global re/insurer Aspen, continued to increase its assets under management in the...
On a relative basis, catastrophe bonds have rarely presented a more compelling investment opportunity than today, as despite spreads having tightened somewhat the cat...
Health insurance providers send claimants an explanation of benefits for every medical claim they process. These statements break down medical providers' charges, the percentage insurers cover, and the claimants' contributions. What Does an Explanation of Benefits Include?
The EOB...
Ah, life insurance. A pillar of financial security, a safety net for loved ones, and… a potential tax tango? While the primary purpose of life insurance isn’t to enrich Uncle Sam, there are indeed scenarios where this financial instrument...
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Most Americans become eligible for Medicare at age 65. Before enrolling, you should begin planning for Medicare expenses. To do this, you must
understand...
Aspen Capital Markets, the third-party and alternative reinsurance capital management unit of global re/insurer Aspen, continued to increase its assets under management in the...
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On December 16, 2020, the Equal Employment Opportunity Commission (EEOC) issued its first direct guidance for employers regarding COVID-19 vaccines. The EEOC is...
October is National Cyber Security Month, a time to focus on the rising threat of cyberattacks and hacking incidents. With the increasing prevalence of...
If you are a snowbird that heads south for the winter, there are several key things you can do to help winterize your vacant home. Taking the right winterization steps can help protect your home from theft, water damage, heating or...
Employers looking to support their staff amidst mental health challenges will be able to use a set of guidelines from the Workplace Safety and Health (WSH) Council, which will be launched in the first quarter of 2025. The guidelines...
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On Monday, December 21, 2020, Congress passed an emergency stimulus package designed to deliver approximately $900 billion in COVID-19-related aid. The bill, which was part of a $1.4 trillion spending package that will keep the government open...
Life insurance can be a valuable part of your business plans.
We recognize and expect changes in the economy, but the uncertainty of those changes calls us to be vigilant in our business continuation...
Just as you would before any important purchase, do some research before buying insurance.
Many people research expensive purchases like homes, cars, or gadgets to make sure they get the best value for their...
Hurricanes can be among nature’s most destructive events.
Atlantic hurricane season runs from June 1 to November 30, though storms can take place outside of those dates. Take steps to minimize damage and speed...
Make yourself visible no matter the time of day.
The pandemic, rising fuel prices and climate change concerns – along with improved battery technology and e-bike options – have combined to create a...
Last Updated on July 31, 2024 by adminDid you know that Boshers Insurance do more than provide high-quality insurance for Holiday Home owners? We also support The 2 Minute Foundation, a charity whose vision is to clean up the...
Last Updated on January 17, 2022 by adminGenuine small holiday letting businesses in England to be protected by closure of second home tax loopholeOwners of second homes in England who abuse a tax loophole by claiming their often-empty properties...
If you are able, take photos to document circumstances of the accident.
Your first instinct after a car accident may be to call for help. Do you have a plan for what comes next?...
Virtual home inspections, necessary during the pandemic, remain popular because of convenience.
When you buy home insurance, the amount of coverage you purchase should be the amount that it would cost to rebuild...
New Jersey Doesn’t Require Boat Insurance. Get it Anyway.May 26, 2022May 26: Closing at 12:00pmMay 25, 2023
Capt. Richard I. Risely, Union Army, Civil War. He is Tim Glenn’s Great, Great Grandfather.
We at Glenn Insurance support our men and women...
Be proactive about preparing for the danger of wildfires.
Even if you’ve taken precautions to make your home or business resistant to wildfire, take time each year to review your preparations.
Let’s discuss the why,...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
With deer season upon us, your chances of hitting a deer are much higher during fall months. Stay safe while on the road with these tips from the University of North Carolina Highway Safety Research Center.
1. Be cautious while...
The holiday season is a time of joy and cheer, where families and friends come together to celebrate and exchange gifts. However, with the excitement of the holidays, it is easy to overspend and end up with a mountain...
Builders Liability Insurance Cost: Top 5 Vital Tips 2024
Builders liability insurance cost is a key consideration for anyone starting on a construction project in Florida. Whether you’re building a new property from scratch, remodeling an existing structure, or installing...
Self-funding is an ideal way for small to midsize businesses to save on health insurance costs. Part of the self-funding puzzle is finding a TPA that will meet your needs and help you enjoy the benefits that self-funded insurance...
For medical professionals, securing a mortgage can be an arduous process due to their unique financial circumstances. Extensive education and substantial student loan...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
Cardiovascular health and wellness is one of the main focuses in modern healthcare, and for good reason. Heart disease is still the leading cause of death both in the United States and globally. Unfortunately, many cardiovascular issues go undiagnosed...
Health insurance and other benefits form a key part of the compensation package most employers offer their workers. In some cases, providing insurance is required by law. However, many organizations employ at least some part-time team members. While you...
Whether it’s fixing storm damage, updating a kitchen, or making essential improvements, choosing the right contractor for your home or business is key. But for many residents in Wisconsin, this decision can turn into a nightmare, thanks to one...
At the January 2025 reinsurance renewals, rating agency AM Best is anticipating that property and catastrophe reinsurance rates will remain relatively stable and that despite recent hurricane losses the market is not likely to harden, but also softening is...
Highlights
PEPY refers to your per-employee-per-year cost, an important employee health benefits plan metric.
Your PEPY presents the cost per employee of your health benefits plan.
Reducing your PEPY with cost-containment strategies lowers overall health insurance costs and saves you money.
With...
Does commercial general liability insurance cover independent contractors? This common question can puzzle many business owners in Florida, where the use of independent contractors is rising. Let’s simplify:Essentially, a standard CGL policy may not automatically cover independent contractors.Businesses can...
