New England Asset Management, Inc. (NEAM, Inc.)’s Post

Did you know your Insurers are rated by independent agencies like Moody's, S&P, and Fitch, which evaluate their financial strength and claims-paying ability? If not here are more indicators to check on while assessing an insurer's financial health: 1. Reviewing the insurer's balance sheet, income statement, and cash flow statement for a comprehensive understanding of its financial position is imperative. 2. Measuring its ability to meet its long-term obligations can be understood by the Solvency Ratio. A higher solvency ratio indicates a more financially stable company. 3. Insurers are required to set aside a portion of their premiums to pay future claims. Keep yourself informed here. 4. Understand the insurer's reinsurance agreements, which can help spread risk and provide additional security. 5. Ensure the insurer complies with industry regulations and maintains the required capital adequacy ratios. 6. Consider the insurer's reputation in the market, customer satisfaction, and any recent news that might affect its financial stability. It's important to look at these indicators collectively to get a well-rounded view of an insurer's financial health. Informed investing can be a game changer, so Invest smartly! Follow us for more Smart Investing tips! #lifeinsurence #financialhealth #investsmart

Our Q3 Market Update is here! Inside you’ll find insurance and business insights on current events and emerging trends from our business line and vertical leaders https://bit.ly/3tUVxGB #PowerThroughPartnership #InsuranceCoverage #MarketInsights

Take a look at the AssuredPartners 3rd Quarter Market Update with insights and emerging trends from our business and vertical leadership. Questions? Don't hesitate to reach out to partner with our team. #PowerThroughPartnership #InsuranceCoverage #MarketInsights

As per a report by Grand View Research, the global micro-insurance market is expected to grow at a compound annual growth rate (CAGR) of 6.7% from 2023 to 2030. Read our latest blog https://lnkd.in/gNUhEXQJ to discover how micro-insurance is reshaping the insurance landscape by providing accessibility to financial security to underserved communities. #MicroInsurance #FinancialInclusion #EmpowermentThroughFinance

Designed to assess independent agent viewpoints on key issues shaping the US P&C marketplace, American Modern's first-ever Agent Perspectives Report asked agents their thoughts on insurance and generational trends, the economy, potential disruptors for our industry, and more. Download the full report and gain valuable insight here: http://ow.ly/pVZ1104ZwnS

Check out the results of the 2023 Global Financial Inclusion Index from Principal Financial Group. This study speaks to the important role played by governments, financial systems and employers in providing relevant tools, services, and guidance to enable greater levels of financial inclusion and security. Overall improvement in results driven by economies in Latin America and Southeast Asia. Check out the report below: https://lnkd.in/g9PgMuYE

It's here... and it's a game-changer! Read the Lockton Market Update for key insights.

It's here... and it's a game-changer! Read the Lockton Market Update for key insights.