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.
19,149 Shares in ManpowerGroup Inc. $MAN Acquired by The Manufacturers Life Insurance Company
The Manufacturers Life Insurance Company bought a new position in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
Alphabet Inc. $GOOGL Shares Purchased by Daiichi Life Insurance Co. Ltd.
Daiichi Life Insurance Co. Ltd. boosted its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 4.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm…
The Manufacturers Life Insurance Company Invests $907.84 Million in Tesla, Inc. $TSLA
The Manufacturers Life Insurance Company purchased a new stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm…
The Manufacturers Life Insurance Company Makes New $699,000 Investment in AtriCure, Inc. $ATRC
The Manufacturers Life Insurance Company purchased a new position in shares of AtriCure, Inc. (NASDAQ:ATRC - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The…
Sumitomo Life Insurance Co. Makes New Investment in International Business Machines Corporation $IBM
Sumitomo Life Insurance Co. acquired a new position in International Business Machines Corporation (NYSE:IBM - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The…
The Manufacturers Life Insurance Company Makes New $679,000 Investment in Amylyx Pharmaceuticals, Inc. $AMLX
The Manufacturers Life Insurance Company purchased a new position in shares of Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission…
Daiichi Life Insurance Co. Ltd. Takes $21.53 Million Position in International Business Machines Corporation $IBM
Daiichi Life Insurance Co. Ltd. bought a new position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
China to pump 317 bln yuan into state banks, insurers in capital-boosting push
China's finance ministry will inject 57 billion yuan (HK$66.6 billion) into three state-owned insurers, the companies said on Sunday, in a coordinated push by Beijing to shore up capital across its financial system. SCROLL TO CONTINUE WITH CONTENT…
China prepares £40bn stimulus for financial sector amid fears over sluggish growth
China will inject $54bn (£40bn) into its financial sector as Beijing attempts to shore up banks and insurers in the face of faltering economic growth. A host of financial institutions said they were due to receive billions of yuan in capital…
China pulls in Big Tobacco to help with smaller-than-expected finance-industry capital injections
A host of state lenders and insurers will get a combined 360 billion yuan ($53.6 billion) from state institutions, led by the Ministry of Finance and the country's tobacco giant. It is the first time that Beijing has extended recapitalisation to…
China's capital injection a first step to easing financial strains: analysts
Beijing's planned 360 billion yuan (US$54 billion) capital injection into eight state-owned financial institutions is a step in the right direction, but further fiscal support is needed to revive credit demand and ensure the fresh capital is put to…
Primerica's (PRI) Investment Boom Masks A Shrinking Sales Force
On August 5, Primerica (NYSE: PRI) reported second-quarter results that read as two different companies bolted together. Net income climbed 13% to $202 million, and earnings per diluted share jumped 19% to $6.45, pushing return on stockholders'…
China pumps massive US$54b into insurers, banks in financial powerhouse push
China rolled out a package of capital injections worth about 360 billion yuan (US$54 billion) on Sunday for the country's largest state-owned insurers and state banks, marking a step towards Beijing's long-flagged plan to build itself into a global…
China insurer capital injections could boost stock investments, analysts say
Beijing's plan to inject capital into big state-owned insurers is expected to ease capital constraints and solvency pressures that have held back insurers from investing more long-term funds into the stock market, analysts said. SCROLL TO CONTINUE…
China to Inject $45 Billion Into State Financial Institutions
China will issue 300 billion yuan ($45 billion) in special treasury bonds to strengthen the capital positions of eight major state-owned financial institutions, as Beijing looks to bolster financial stability and expand lending to the economy. The…
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