Tax-exempt interest income investments offer a unique opportunity for investors to grow their wealth while minimizing their tax liabilities. These investments, primarily in the form of municipal bonds and U.S. Treasury securities, provide interest income that is either partially or fully exempt
Phoenix Financial Ltd., an Israel-based financial, insurance, and investment group, has announced an impactful Loss Portfolio Transfer (LPT) reinsurance agreement with Ayalon Insurance Company Ltd. This move represents a significant expansion of Phoenix's Property and Casualty (P&C)
In a significant move for the global insurance industry, the Ardonagh Group has secured a milestone equity investment valued at $14 billion from Stone Point Capital LLC, a prominent US-based private equity firm. This substantial transaction positions Stone Point as a major shareholder in Ardonagh,
American International Group, Inc. (AIG) has completed a significant transaction, selling approximately 120 million shares of Corebridge Financial's common stock to Nippon Life Insurance Company. This resounding deal, valued at $3.8 billion with each share priced at $31.47, reflects AIG's
A major shift has taken place within the Board of Directors at Corebridge Financial, a well-known American multinational financial services company. Alan Colberg has been elected as the new Chairman of the Board, a role previously held by Peter Zaffino since November 2021. Colberg joined the Board
In the evolving landscape of recreational drone piloting, the necessity for proper protection has never been more pronounced. Moonrock Drone Insurance, recognizing this need, has partnered with Hiscox to extend its comprehensive insurance coverage to hobbyist and recreational drone pilots. This
