Life insurers expected to cut prescribed interest rates in 3Q2025, as bank deposit rates fall

Published on June 13, 2025
Prescribed interest rates for life insurance policies are expected to be lowered in the third quarter of this year, as bank interest rates continued to fall. The prescribed interest rate for standard
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KCC US Hurricane Model 5.0 receives certification from Florida Commission on Hurricane Loss

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Karen Clark & Company (KCC), a provider of catastrophe risk models and analytics to the insurance industry, has announced that its US Hurricane Reference Model Version 5.0 has been officially certified by the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM).KCC is the first modelling firm to earn certification under the commission’s updated standards. The latest version of the

Mission Underwriters appoints Sujatha Raju as Chief Technology Officer

June 13, 2025
Mission Underwriters, a technology-driven global underwriting company, has announced the appointment of Sujatha Raju as Chief Technology Officer.In her new role, Raju will lead the technology team in advancing the company’s platform, focusing on scalable infrastructure, operational excellence, and solutions that empower both underwriters and partners.Raju brings over 23 years of experience in tech