MS Transverse Reveals A Proven Board Expansion
đź“° Curated Industry Article This is a summary of a full article from a trusted financial publication. Click “Read Full Article” below to read the complete story. MS Transverse, a specialty insurance platform that works with programme administrators and managing general agents (MGAs), has strengthened its Board of Directors with the appointment of Michael Angelina, […]
Essential Steps to Secure Your Privacy After Massive Data Breach
đź“° Curated Industry Article This is a summary of a full article from a trusted financial publication. Click “Read Full Article” below to read the complete story. The FBI is officially investigating claims that a short-lived website called Nexus recently obtained and publicized scans of more than 153 million driver’s licenses belonging to people in […]
Ultimate Guide: Is Your Florida Annuity Tax Protected?
Direct answer No, you do not pay state income tax on annuity payments in Florida because the state does not impose a personal income tax on its residents. Florida Department of Revenue tax statutes concerning individual income taxation. For additional information about Florida’s tax structure, see the Florida Department of Revenue. What this means for […]
Aon: Reinsurance Market Hits An Essential Peak
đź“° Curated Industry Article This is a summary of a full article from a trusted financial publication. Click “Read Full Article” below to read the complete story. Aon’s Mike Van Slooten has suggested the reinsurance market will become “more flexible” in 2027 as global reinsurer capital reaches a record $800 billion, with strong sector profitability […]
Essential Ways to Access Your Annuity Lump Sum Now
Direct answer It depends on your specific contract terms, as many annuities restrict lump sum withdrawals to prevent surrender charges and tax penalties. If your contract is in the accumulation phase, a full withdrawal may be possible but could trigger significant surrender fees and ordinary income taxes. Internal Revenue Service publication on annuity taxation and […]
Does Your Indexed Annuity Actually Benefit From September?
Direct answer It depends on the annuity’s specific contract anniversary date, as most indexed annuities credit interest based on the contract year starting from your purchase date rather than the calendar year. Product disclosure statements and technical policy illustrations for indexed annuity interest crediting methodologies. For additional information about annuity interest crediting and consumer protections, […]
Gallagher Gains Powerful New Private Capital Expert
đź“° Curated Industry Article This is a summary of a full article from a trusted financial publication. Click “Read Full Article” below to read the complete story. Gallagher, the global insurance broking and risk management group, has strengthened its Private Equity and M&A (PEMA) operation in EMEA with the appointment of Paul Jeroen van de […]
Essential Fixed Annuity Strategy for Retirement Now
Direct answer Yes, you can initiate a fixed annuity contract at any time of the year, including September, provided you meet the specific age and eligibility requirements set by the issuing insurance carrier. Standard individual annuity contract issuance guidelines provided by life insurance company underwriting manuals. For additional information about how annuity contracts function, see […]
Exclusive Trump Gold Coins Now Actually Cost More Than $1
đź“° Curated Industry Article This is a summary of a full article from a trusted financial publication. Click “Read Full Article” below to read the complete story. On Wednesday, the U.S. Mint began selling commemorative $1 coins with President Donald J. Trump’s portrait on them — for collectors willing to pay a pretty penny. Sold […]
Data Centre Risks: Expert Reinsurers Stay Secure
đź“° Curated Industry Article This is a summary of a full article from a trusted financial publication. Click “Read Full Article” below to read the complete story. Manuel ArrivĂ©, Head of EMEA Reinsurance Ratings at Fitch Ratings, said the growth of data centres and digital infrastructure in general presents both an opportunity and significant risk […]
