Carlos F. Penate, CPIA’s Post

Economic indicators like unemployment claims and manufacturing indices are crucial for better understanding the health of the U.S. economy. These indicators can provide insights into job market stability and the manufacturing sector's performance, which may significantly impact financial security. One potentially effective way to mitigate some of the risks highlighted by these economic fluctuations is through insurance. Click to learn more about how to help safeguard against economic changes. #Insurance #RiskMitigation #EmpoweringInsights https://conta.cc/3M8V8WJ

Are We at a Tipping Point? Read Our March 2024 Lockton Market Update After some difficult market experiences in recent years, most buyers should expect more stability during annual renewals early in 2024. Moreover, we may be on the verge of a shift in the overall tenor of the market: Don’t expect pricing to suddenly and rapidly decline, but with insurers seeing strong earnings, more competition and predictability could be in store in the coming year. The challenge — and opportunity — for buyers is to think strategically by asking difficult questions, including their philosophy on buying insurance and how much risk and volatility they are willing to keep on their balance sheets. Explore our March 2024 Lockton Market Update now for more insights on the state of the market. https://lnkd.in/gJrQz9MS

After some difficult market experiences in recent years, most buyers should expect more stability during annual renewals early in 2024. Moreover, we may be on the verge of a shift in the overall tenor of the market: Don’t expect pricing to suddenly and rapidly decline, but with insurers seeing strong earnings, more competition and predictability could be in store in the coming year. The challenge — and opportunity — for buyers is to think strategically by asking difficult questions, including their philosophy on buying insurance and how much risk and volatility they are willing to keep on their balance sheets. Explore our March 2024 Lockton Market Update now for more insights on the state of the market. https://lnkd.in/eRh9rXhq

Happy Book Lovers Day! Just as books enlighten, we guide you in making informed financial choices. Dive into financial wisdom with us! .. .. #prathamservices #bookloversday #insurancebuying #consulting #trustworthy #offlineinsurance #lifeinsurance #health #healthcare #insuranceagent #carinsurance #insurancebroker #businessinsurance #investment #medicare #financialplanning #insuranceagency #terminsuranceplans

By 2050, more than one-third of the world’s population will be over 50 years old, doubling the figures from 1990. Tapping into this emerging market is vital for insurers, but they need to be ready to build products that cater to this group’s evolving needs. To do this, insurers need to identify their motivations for creating specific new products and streamline the review process. What other steps are worth taking? Read our article on turning insurance products into success and learn how to maximize the opportunities presented by the great wealth transfer. 👉 https://ow.ly/31Ju50StCh4 Samantha Chow, Parth Kanetkar, Ujjwalita Preejush, Divij Chopra #lifeinsurance #wealthtransfer #nextgen #transformation #innovation

What will insurance look like in 2040? A new study by Economist Impact, sponsored by SAS, explores four potential futures for the industry. #Insurance2040 http://2.sas.com/6047s95YS

Secure your future with Krishna Financial Corporation! Invest in the best plans for a healthy, wealthy, and secure tomorrow. From insurance to investment plans, we've got you covered. Get in touch 👉 You can DM us! 📞 +91 9911505309 📩 [email protected] . . #KrishnaFinancialCorporation #memes #memesdaily #zakirkhan #Health #FamilySecurity #FutureSecurity #FinancialFreedoms #ExcellenceInService #Finance #FinancialAdvice #Financial #FinancialPlanning #FinancialSecurity #HealthInsurance #Insurance

What is cyclical industry? A cyclical industry can generally be defined as the one which follows the business cycle or trend in economy. These industries earn higher revenues. So, they provide higher returns in periods of economic boom or expansion; conversely, their revenue and returns get lower as the economy contracts. Cyclical industries are sensitive to economy in varying degrees. Companies in cyclical industries usually try to maintain profitability by undertaking various restructuring measures that minimize cost structure; some industries also experience consolidation due to attractive valuation. The main drivers of cyclicality are business cycle, mismatch, and delay between different market dynamics including investment, capacity, price, and sales. The other major driver is technology. Cyclical industries include those that produce durable goods such as raw materials and heavy equipment. The stock price of the companies belonging to cyclical industry has a tendency of upward movement in times of economic growth and goes down during an economic recession. What is counter-cyclical industry? Counter-cyclical or defensive industries are those that do well in economic downturns, since demand for their products and services continue regardless of the economy. It’s a niche industry financial performance negatively correlated to the overall state of the economy. Some examples of non-cyclical industries would be pharmaceutical, educational service, insurance carriers, and public service industries. While it’s incorrect to label a particular industry as cyclical or counter-cyclical, the nature of their movement (for example, revenue, stock price, etc.) essentially gives an indication of their characteristics. source:- https://finance.yahoo.com/

Economists continue to predict an economic slowdown for North America; however, the U.S. has shown much resilience in staving off any material decline. This translates to low loss levels and a competitive trade credit marketplace. Find out more in our Insurance Marketplace Realities 2024 Spring Update report. https://ow.ly/xthk50SjZZC #WTWBroking #Insurance #ASmarterWayToRisk #CreditInsurance

𝗨.𝗦. 𝗲𝗰𝗼𝗻𝗼𝗺𝘆 𝗴𝗿𝗲𝘄 𝗮𝘁 𝗮 𝟮.𝟴% 𝗽𝗮𝗰𝗲 𝗶𝗻 𝘁𝗵𝗲 𝘀𝗲𝗰𝗼𝗻𝗱 𝗾𝘂𝗮𝗿𝘁𝗲𝗿, 𝗺𝘂𝗰𝗵 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝗲𝘅𝗽𝗲𝗰𝘁𝗲𝗱 Gross domestic product in the second quarter was expected to show a 2.1% annualized increase. ---𝘊𝘓𝘐𝘊𝘒 𝘚𝘏𝘖𝘙𝘛 𝘓𝘐𝘕𝘒 𝘈𝘛 𝘛𝘏𝘌 𝘌𝘕𝘋 𝘖𝘍 𝘛𝘏𝘐𝘚 𝘗𝘖𝘚𝘛 𝘛𝘖 𝘙𝘌𝘈𝘋 𝘖𝘕--- 𝗳𝗿𝗼𝗺 𝗖𝗡𝗕𝗖 Disclaimers: https://www.rfr.bz/lmfwk66 -- #Insurance #EducationPlanning #FinancialSecurity #FinancialProfessional #economicgrowth #domesticproduct https://www.rfr.bz/lmfwk65