A clear, conversational look at the structure that keeps the global insurance system stable. In an earlier post, I covered insurance, reinsurance, and retrocession at a high level. The response was strong, and many readers asked for a deeper, but still digestible,...
In the life insurance world, parents often express a familiar sentiment: “I don’t need life insurance for myself, but I’d be willing to insure my children.” On the surface, this sounds caring and responsible. After all, what parent doesn’t want to protect their...
Hurricane Melissa has passed, but the impact will be felt for years. As communities assess the damage, one thing is clear: storms like this remind us of the importance of strong building practices, smart land-use decisions, and, often overlooked, proper insurance...
By Plan for Purpose Trust is the invisible currency that fuels every financial system. Without it, even the most technically sound products fail to gain traction. Nowhere is this more evident than in the world of insurance, especially in many African markets, where...
Insurable interest is one of the most important principles in life insurance. It ensures policies are purchased for protection, not for financial gain. A policy owner must have a legitimate financial or emotional reason to want the insured person to live. At its core:...
In the risk-driven world of financial protection, insurance companies don’t carry every risk on their own books. Instead, the industry relies on a multi-layered system designed to distribute exposure and maintain stability, even during catastrophic events. Here’s a...
