One woman and her boyfriend showed what lengths they would travel to secure over $1 million.
Per TMZ, a Slovenian woman named Julija Adlesic and her boyfriend strung together a plan to collect the multiple insurance policies that they had taken out on her. The couple reportedly had at least five insurance policies on the woman that totaled around $1.16 million.
To secure this money, the couple
Even when a suicidal person holds a life insurance policy, the undoubtedly twisting decision to end one’s life offers no easy financial answers to care for those we love. Insurers pay out in some instances, but some contractual disqualifiers exclude a death benefit paid to policy beneficiaries.
After the contestability and suicide clauses in an individual’s life insurance policy expire, life
Insurance marketplace Lloyd’s of London posted a first-half pre-tax loss of £400 million ($520.08 million) on Thursday, on the back of £2.4 billion in coronavirus-related payouts so far this year.
The loss compares with a profit of £2.3
Experts have been telling us for many years that a worldwide pandemic was long overdue. But when the ball dropped on New Year’s Eve 2019, right around the time the world was hearing the first rumblings about a cluster of suspicious cases of pneumonia in Wuhan, China, did any of us think: “This is it! This is the year!” Probably not.
Still, while COVID-19’s speed and efficacy in spreading
Insurance debt remains attractive, refinancing need drives opportunity
The debt issuances of insurance and reinsurance carriers remain an attractive option for investors even under the shadow of the Covid-19 pandemic and there could be more opportunity to come.
Insurance and reinsurance company debt issues, private or otherwise, remain an asset that certain insurance-linked securities (ILS) fund managers
Insights From the Field: The Impact of COVID-19 on Insurance Companies
“Despite the difficulties, most insurers shared that they would retain an appetite for agriculture insurance”
HARARE, (Global Index Insurance Facility) – To understand the impact of COVID-19 on agriculture insurance operations, GIIF conducted a survey with 11 of its implementing partners in Sub-Saharan Africa and
Is this the insurance industry’s new normal? (By Travys Wilkins)
Many insurance businesses have been forced to speed up their digital transformation efforts but could a hybrid business model be the industry’s future?
When government first announced a national lockdown back in March, countless businesses were left scrambling to make working from home, work. Sure, distributed work was probably on
Insurance industry set to overcome recession – Swiss Re Institute
By Ryan Smith
HARARE, The insurance industry is poised to overcome the COVID-19-induced global recession, according to a report by Swiss Re Institute.
The recession – the sharpest economic contraction since the 1930s – will lead to a slump in demand for insurance this year, especially for life products, Swiss Re Institute predicted.
ABOUT ZEP-RE
ZEP-RE (PTA Reinsurance Company) was created under the auspices of the then Preferential Trade Area (the precursor to COMESA).
The Company was to promote the trade in insurance and reinsurance trade through creation of capacity, training of the region’s insurance personnel, provision of technical services and the re-investment of premium funds within the region. When the Preferential
Digitalising customer engagement vital for retail insurance growth
HARARE, One of the realities of the current COVID-19 pandemic is the fact that it has made people realise the importance of having adequate life, disability, and funeral cover in place. And with clients considered the most disruptive force in the insurance industry, insurers would do well to ensure they provide innovative retail products