Life Insurance Industry News
A collection of Life Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Equitable Holdings, Inc. (EQH) Rated Outperform at KBW as Life Insurance Sector Fundamentals Improve
We recently compiled a list of the 10 Quality Value Stocks Likely to Make a Comeback According to Analysts. Equitable Holdings, Inc. is placed among the best value stocks on our list. On March 26, Keefe, Bruyette & Woods (KBW) re-initiated coverage…
Epic's mass layoffs left a programmer with terminal brain cancer without life insurance, but Tim Sweeney says the company will 'solve' the problem
Epic Games' mass layoffs led a programmer with terminal brain cancer to lose his life insurance, leaving him and his family struggling to find new coverage. Following news of the situation breaking, Epic CEO Tim Sweeney has said the company have…
Custodian Life director barred from insurance sector
303ac2ea-48be-42d6-82d4-e0d122616c4e The Bermuda Monetary Authority has issued a prohibition order against Custodian Life's Joakim Samuelsson amid the company's ongoing liquidation (File photograph) The Bermuda Monetary Authority has issued a…
Terminally ill employee left uninsured amid CEO's massive layoffs
READ MORE: Wealthy CEO who laid off 1,000 staff sparks fury with tweet Epic Games' decision to cut 1,000 jobs last week sparked widespread backlash - but the fallout has taken a devastating personal turn after it emerged one of those laid off has…
CEO of Epic Games apologizes after laying off employee with terminal brain cancer
The chief of the company that created Fortnite, a popular online game, has issued an apology following backlash after recent mass layoffs cost an employee with terminal brain cancer his job – and his life insurance. On Sunday, Tim Sweeney…
AI helps Discovery Life thwart fraudulent claims
Sylvia Steyn, head of life claims and service at Discovery Life. (Image: Supplied) Artificial intelligence (AI)-driven insights and machine learning (ML) increasingly play a pivotal role in strengthening fraud detection in life insurance claims…
Retirement fears rise for Gen X
As Tax Day approaches, concerns about how taxes could shape retirement finances are growing, with new data suggesting anxiety is rising across all age groups, and is particularly among Generation X. A quarterly study from Allianz Life Insurance…
Epic Games Layoffs Slam Terminally Ill Employee: Family Left Without Insurance as CEO Tim Sweeney Scrambles to Respond
Epic Games is facing heavy criticism after announcing the dismissal of around 1,000 employees earlier this week. The company, best known for Fortnite, said the cuts were necessary to manage rising costs, even after increasing the price of its…
Epic Games CEO says company will 'solve' insurance for terminally ill former employee
Epic Games CEO Tim Sweeney has spoken out after a former employee battling terminal brain cancer lost life insurance as part of the company's March 26 layoffs. In a post to X on March 29, Sweeney said Epic had reached out to the family to address…
Epic Games Layoffs Hit Employee With Terminal Cancer, CEO Responds
Following the latest round of layoffs by Epic Games, which has seen roughly 1,000 employees made redundant, many of the affected staff have begun speaking up about how their lives have been quickly impacted by their loss of work. One such case has…
The truth about one simple way people are reducing inheritance tax
A commonly recommended way to reduce inheritance tax (IHT) is to make lifetime gifts. In simple terms, if you survive for seven years after the gift is given, it's usually excluded from your estate and not counted in the inheritance tax…
Millions to receive pension boost in days as major provider pays out after £327m profit
Around 2.4million eligible customers are set to benefit. A major UK pensions and life insurance provider is set to share £199million with some 2.4 million eligible customers in days after a nearly 20% increase in annual earnings. Royal London…
JPMorgan Chase & Co. Sells 163,538 Shares of Kulicke and Soffa Industries, Inc. $KLIC
JPMorgan Chase & Co. lowered its holdings in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) by 43.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The…
Markets bleed at midday: Sensex down 1,053 points, banks lead losses as crude tops $115
Markets remained deep in the red at midday on Monday, March 30, with no signs of recovery as crude oil prices surged past $115–116 per barrel and geopolitical tensions in West Asia continued to escalate. At 12.30 pm, the BSE Sensex was…
Markets plunge as crude tops $108, Rupee hits 94.8; FIIs dump ₹1.14 lakh crore in March
Markets opened sharply lower on Monday, March 30, as surging crude oil prices, a record-weak rupee, and aggressive foreign fund outflows rattled investor sentiment. The BSE Sensex, which closed at 73,583.22 on Friday, opened at 72,565.22 and was…
Receive a Daily briefing on Life Insurance Industry News
Get Started