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.
Turkish non-life insurance market grows 28%
The Turkish non-life insurance market posted gross written premiums of 340 billion Turkish lira ($7.6 billion), up 28% year on year, according to the Insurance Association of Turkey, Middle East Insurance Review reported. This figure represents 86%…
What Is a Mutual Insurance Company?
Mutual insurance companies are owned by policyholders, not shareholders. When you have a mutual life insurance policy, you can receive dividends based on the company's annual profits. You can typically use dividends to purchase more coverage…
Jio Financial formalises general insurance foray with Allianz
Jio Financial Services and Munich-based Allianz Group have solidified their partnership by signing a binding agreement to establish a 50:50 joint venture for general and health insurance in India, aiming to capitalise on the nation's accelerating…
Investment plans explained alongside insurance category differences
When planning your financial future, understanding the difference between life insurance and general insurance is essential. Both serve important purposes but cater to different needs. Life insurance policy options often include investment plans…
TKO CEO Ari Emanuel's Pay Hit $67.4 Million in 2025
TKO Group Holdings CEO Ari Emanuel raked in $67.4 million in compensation for 2025, a 272% increase from $18.1 million in 2024, according to the company's latest proxy filing. The package included a $3 million base salary, an $11.9 million bonus…
How To Turn Ultra-High-Net-Worth Heirs Into Entrepreneurs And Savvy Investors
A Family Bank is, more and more, a tool UHNW families are using to empower and support their heirs to become entrepreneurs and savvy investors. Wealth alone is not enough to build a legacy. If left unmanaged, significant wealth can quietly erode…
Generali Thailand's premiums grow 22%
Generali Insurance (Thailand) plc posted gross written premiums of 16.1 billion Thai baht ($497 million) in 2025, up 22% year on year, Bangkok Post reported. Country Manager and CEO Arsh Kaumi attributed this growth to the company's robust…
Lufthansa axes 20,000 flights amid fuel crisis
German airline Deutsche Lufthansa AG said it would cut 20,000 flights over the next six months to save jet fuel due to surging prices and declining energy supplies caused by the war in Iran, The New York Times reported. This follows comments from…
Commercial lines rates slip further in Q1: Marsh
Global commercial insurance rates fell by an average of 5% in the first quarter of 2026, driven by abundant capacity and intense insurer competition across most major product lines, according to U.S.-based Marsh LLC, Reinsurance News reported. Asia…
Allianz, Jio seal India general insurance deal
Netherlands-based Allianz Europe BV has entered into a binding agreement with India-headquartered Jio Financial Services Ltd. to form a primary insurance joint venture offering general insurance in India, Reinsurance News reported. The companies…
Offshore projects hit by rising shipping risk premiums
The Iran war's impact on shipping risk premiums has severely affected offshore oil and gas projects in the United Arab Emirates, Qatar and Saudi Arabia, NewVision reports, citing Upstream. Insurers are requiring rates two to three times higher for…
RBC Insurance wins two awards at The Digital Banker's 2026 Digital CX Awards
TORONTO, April 23, 2026 /CNW/ - RBC Insurance has been recognized with two awards at the Digital Client Experience (CX) Awards, hosted by The Digital Banker, reinforcing its commitment to delivering exceptional digital experiences and advisor-first…
US reclassifies certain marijuana products as a less-dangerous drug
(Reuters) – The U.S. Department of Justice is reclassifying FDA-approved and state-licensed marijuana as a less-dangerous drug, Acting Attorney General Todd Blanche said on Thursday. The announcement does not legalize marijuana across the…
Pharma lifts Nifty off lows as crude oil, geopolitics keep markets under pressure at midday
Markets were trading sharply lower at midday on Friday, April 23, 2026, though selective buying in pharma and energy stocks helped indices recover from their worst levels of the session. The BSE Sensex was down ₹710.66 or 0.91 per cent at…
The Best Pet Insurance in North Dakota 2026
Pets Best is the top-scoring pet insurance company in our analysis, thanks to low rates and robust coverage options. The average cost of dog insurance in North Dakota is $34 a month, while cat insurance averages $16 a month. Comparing a company's…
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