Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Manulife Sells Life Insurance Policy for a Record $300 Million
Manulife Financial Corp. sold a $300 million life insurance policy in Singapore, topping what Guinness World Records certified as the most valuable policy ever issued. The policy surpasses the previous record of $250 million, set by HSBC Life in…
Life Insurance for Business Planning Strategies
Life insurance provides the immediate capital necessary to cover costs if a key employee dies, such as lost revenue or recruitment costs. Buy-sell agreements can be funded by life insurance to ensure a smooth business transition, providing tax-free…
Insurance sector accelerates AI shift across core processes
Insurance companies are accelerating the deployment of artificial intelligence (AI) agents across their core operations, from policy underwriting and sales support to claims assessment and payouts, industry officials said Monday. The sector's…
Insurers wave caution flag on patient care changes
Health insurers and providers are debating the proposed prior authorization reforms, with insurers warning of increased costs and providers citing administrative burdens and negative patient outcomes. BOSTON — Health insurers are cautioning…
Health Insurer Financial Performance in 2024
The largest private health insurance companies often offer plans in multiple markets, including the Medicare Advantage, Medicaid managed care, individual (non-group), and fully-insured group (small and large employer) health insurance markets. Each…
BMA to slash unnecessary paperwork for insurers
Search 89f055ee-3502-4722-81c3-f6ae412234ad The BMA pledges to reduce duplication in reporting and ease administrative burdens The Bermuda Monetary Authority has launched a new initiative aimed at cutting bureaucracy for the island's insurers and…
Quiz - How Well Do You Understand Your Health Insurance?
Health insurance is often complicated, but understanding the basics helps you make better decisions about your coverage and care. This 10-question quiz touches on some terms you may encounter. Test your knowledge and pick up some useful insights…
Insurance profits jump 28% as economy expands again
On the rise: the office buildings off Pitts Bay Road in Pembroke are the home of many of Bermuda's reinsurance companies (File photograph) Bermuda's international insurance market posted a sharp surge in profits last year, helping to power another…
Insurers look beyond efficiency to risk management in AI use
Insurers are shifting their investments in artificial intelligence from automation and efficiency toward smart tools that can identify risks and prevent losses. They are using AI to scan public social media feeds for red flags, such as sparklers…
U.S. insurer The Hartford chooses Hyderabad for global technology centre
U.S. insurance company The Hartford has launched its global technology centre in Hyderabad. A 1.60-lakh sq.ft. facility in the Financial District, the centre marks the company's entry into India. Over the next few years, the facility is expected to…
Star Health Insurance sees 50% increase in new policy demand post GST cut on health insurance
Chennai-based Star Health Insurance has seen a strong surge in demand post the removal of Goods and Service Tax (GST) for health insurance in September last year. The standalone health insurance provider has seen a 50 per cent growth in new…
Stock to buy today: ICICI Prudential Life Insurance Company (₹663.50) - BUY
The short-term outlook is bullish for ICICI Prudential Life Insurance Company (LIC). The stock has been getting very good support from its 200-Day Moving Average (DMA) since late January this year. The recent bounce is also happening from the…
Stock Market Live Feb 24: ICICI Prudential Life Insurance Company (₹663.50) - BUY
Stock Market today | Share Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 24th February 2026. Published on February 24, 2026 01:15…
Senior living: Medicare Advantage insurers face new curbs on overcharges
Getting your Trinity Audio player ready... By Fred Schulte, KFF Health News Medicare Advantage health plans recently blasted a government proposal that would keep their reimbursement rates flat next year while making other payment changes. But some…
Vistria acquires insurance holding company Lumen Holdings
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