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.
Inflated 'Private' Ratings Are Masking Credit Risk, Columbia Study Says
Ratings that underpin a growing slice of the $1.8 trillion private-credit market, the hottest corner of Wall Street in recent years, are systematically understating investment risk, according to a new study by Columbia Business School researchers.
FUKOKU MUTUAL LIFE INSURANCE Co Decreases Stock Holdings in Meta Platforms, Inc. $META
FUKOKU MUTUAL LIFE INSURANCE Co decreased its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 10.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,445…
Why are Chinese savers moving money out of banks and into tech stocks?
Prompted by lower interest rates on long-term bank deposits, Gong Jie, who works for an export firm in Shanghai, recently decided to invest half her savings in technology-focused mutual funds. “A three-year deposit of mine at Industrial and…
Property Insurers Are Piling Into Private Assets, as Other Investors Hit Pause
Home and car insurers are joining other deep-pocketed institutions from life insurance companies to university endowments in snapping up private investments. They are late to the party. Major insurers such as, Liberty Mutual and Nationwide kept at…
AI-fueled Samsung affiliates reshape KOSPI market cap rankings
The composition of KOSPI's largest companies has shifted markedly this year as investor enthusiasm for artificial intelligence (AI) propelled Samsung Group affiliates and semiconductor-related stocks higher, while secondary battery, shipbuilding…
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Is Prudential Financial Stock Underperforming the S&P 500?
Newark, New Jersey-based Prudential Financial, Inc. (PRU) provides financial products and services in the United States and internationally. Valued at a market cap of $36.3 billion, the company operates through PGIM, Retirement Strategies, Group…
Japanese investors make biggest foreign stock exit in five years in May
June 8 (Reuters) - Japanese investors sold foreign stocks at the fastest pace in about five years in May, as caution over Middle East hostilities and concerns that a tech-driven market rally had run too far weighed on sentiment.
How Data Can Give Lawyers And Wealth Managers A Competitive Edge
Tara Faquir, Co-Founder & COO of Trustate, is redefining the legal sector with a data-first, automation-driven platform. When most people hear the word 'data,' they picture a Silicon Valley startup or a Wall Street quant desk. Data, in…
Seoul shares open over 8% lower on inflation, tech slump woes; trading halted for 20 minutes
Korean stocks nosedived more than 8 percent shortly after opening Monday, triggering a 20-minute trading halt, as investors dumped tech and other market heavyweights amid woes over rising inflation, which could prod a rate hike. After falling…
Seoul shares down over 6% late Monday morning on tech slump
Korean stocks were trading more than 6 percent lower late Monday morning as investors dumped market heavyweights amid a tech slump sparked by a U.S. chip slide and concerns over a possible hawkish pivot of the U.S. Federal Reserve. The local…
BNP Paribas Financial Markets Has $11.46 Million Stock Holdings in Equitable Holdings, Inc. $EQH
BNP Paribas Financial Markets trimmed its position in shares of Equitable Holdings, Inc. (NYSE:EQH - Free Report) by 45.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm…
HMRC posts demand letters to those with £3,500 or more in bank savings
People with as little as £3,500 in fixed bank savings accounts could trigger an unexpected tax bill letter from HM Revenue and Customs (HMRC) in the next few weeks and months. That's because HMRC is able to automatically detect interest on…
BNP Paribas Financial Markets Increases Position in Corebridge Financial, Inc. $CRBG
BNP Paribas Financial Markets boosted its holdings in Corebridge Financial, Inc. (NYSE:CRBG - Free Report) by 211.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 458,724 shares of…
BNP Paribas Financial Markets Has $11.43 Million Position in Check Point Software Technologies Ltd. $CHKP
BNP Paribas Financial Markets increased its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) by 106.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange…
How to Discuss Financial What-Ifs With Loved Ones While the Going's Good
A client of mine, a woman in her 50s, lost her husband without warning. He had handled every financial detail for the family: The investments, the insurance, the bill payments. He managed it all through his work email on his work laptop. When he…
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