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.

indianexpress.com - Education Desk - IIT Bombay to set up AI-powered cyber defence hub for insurance with SBI Life
IIT Bombay to set up AI-powered cyber defence hub for insurance with SBI Life
The Indian Express

2 min read New Delhi Make us preferred source on Google The Indian Institute of Technology Bombay (IIT Bombay) has partnered with SBI Life Insurance to establish the ‘Bharat AI & Cyber Innovation Hub for Insurance', a joint research and…

thehindubusinessline.com - Bima Sugam to go live by September-end: IRDAI chief
Bima Sugam to go live by September-end: IRDAI chief
BusinessLine

The Insurance Regulatory and Development Authority of India (IRDAI) expects insurance products to go live on the Bima Sugam digital platform by the end of September, while a consultation paper on distribution reforms is likely to be released by the…

afaqs.com - afaqs! news bureau - Gaana appoints Shabnam Majumdar as director- partnerships & alliances
Gaana appoints Shabnam Majumdar as director- partnerships & alliances
afaqs!

Shabnam Majumdar has joined Gaana as director – partnerships and alliances. In her new role, she will lead revenue partnerships for the audio streaming platform, focusing on strategic alliances, commercial collaborations and expanding the…

businessinsider.com - Samuel O'Brient - Apollo's top economist warns of a painful market repricing as return on AI investment slows
Apollo's top economist warns of a painful market repricing as return on AI investment slows
Business Insider

Uneven returns on AI investment could be a wakeup call for the red-hot stock market, a top economist says. US equities are roaring, with unrelenting tech bullishness putting the the Nasdaq 100 on track for its best quarter in years. Yet, Torsten…

koreatimes.co.kr - Park Han-sol - Woori Financial's bid to take Tongyang Life private continues to stall amid shareholder backlash
Woori Financial's bid to take Tongyang Life private continues to stall amid shareholder backlash
The Korea Times

Woori Financial Group's plan to take Tongyang Life Insurance private has hit a snag in the final stages, as a dispute over the proposed share-swap ratio draws heightened regulatory scrutiny and underscores Korea's growing emphasis on protecting…

indianexpress.com - Akash Mandal - 2 global players to buy 'significant' stakes in Indian insurance firms, approvals in
2 global players to buy 'significant' stakes in Indian insurance firms, approvals in
The Indian Express

3 min read Mumbai Make us preferred source on Google Foreign interest has notably picked up since the Centre raised the FDI cap in the sector to 100%, said Ajay Seth, the chief of the country's insurance regulator, which he said has already…

republicworld.com - Nitin Waghela - Rampant' Mis-Selling And Fake Policy Fraud Plague India's Insurance Sector: LIC Executive
Rampant' Mis-Selling And Fake Policy Fraud Plague India's Insurance Sector: LIC Executive
Republic World

India's largest insurance provider LIC noted that massive mis-selling and fraud are rampant in India's insurance landscape even after IRDAI's recent moves to strengthen governing policies. Ratnakar Patnaik, Managing director at LIC, said that…

yahoo.com - Moneywise - Debt-saddled Arizona woman, 73, has nothing saved and wants to buy a house. How Dave Ramsey says she can catch up fast
Debt-saddled Arizona woman, 73, has nothing saved and wants to buy a house. How Dave Ramsey says she can catch up fast
Yahoo!

Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. What would you do if you were over the age of 70, had no retirement savings and were still paying off student loans — but wanted to buy a…

businessinsider.com - Emily Stewart - Baby boomer divorce is booming. It's causing chaos for retirement plans and testing family ties.
Baby boomer divorce is booming. It's causing chaos for retirement plans and testing family ties.
Business Insider

Baby boomers are having some second thoughts about the whole 'till death do us part' thing. Instead of waiting for someone to land in a coffin to go their separate ways, they're going to the courthouse. Longer lives have married people wondering…

cityam.com - Business Wire - European Insurers Rethink BPO for AI Era
European Insurers Rethink BPO for AI Era
City AM

European life and retirement insurers are reshaping business process outsourcing (BPO) relationships to strengthen resilience, compliance and AI-ready modernization as regulatory scrutiny and legacy complexity increase, according to a new research…

securityweek.com - Ionut Arghire - Aflac Japan Data Breach Impacts 4.38 Million
Aflac Japan Data Breach Impacts 4.38 Million
SecurityWeek

Aflac Life Insurance Japan, a subsidiary of insurance giant Aflac, on Tuesday announced that hackers stole the personal information of 4.38 million customers. The company's systems were hacked on June 15, and the attackers accessed them several…

slate.com - Jenée Desmond-Harris - My Mom Told Me a Lie About My Dad All My Life. One Phone Call Uncovered the Startling Truth.
My Mom Told Me a Lie About My Dad All My Life. One Phone Call Uncovered the Startling Truth.
Slate

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Dear Prudence is Slate's advice column. Submit questions here. My stepfather adopted me when I was 2, but he and my mom…

thehindubusinessline.com - Sensex slips below 77,000, Nifty holds near 23,900 in volatile monthly expiry session
Sensex slips below 77,000, Nifty holds near 23,900 in volatile monthly expiry session
BusinessLine

Benchmarks opened higher on Tuesday morning but pared early gains amid monthly derivatives expiry and continuing uncertainty over US-Iran negotiations. The BSE Sensex, which closed at 76,728.37 in the previous session, opened at 77,005.51 and was…

federalnewsnetwork.com - Michele Sandiford - New bill would extend military survivor benefit decision deadline
New bill would extend military survivor benefit decision deadline
Federal News Network

Two Democrats and two Republicans have teamed up on a bill that would give military families more time to make important financial decisions after a service member dies. Endorsed by groups like Gold Star Spouses of America, Veterans of Foreign Wars…

taipeitimes.com - 台北時報 - Large real-estate sales booming
Large real-estate sales booming
Taipei Times

By Crystal Hsu / Staff reporter Taiwan's commercial property market remained buoyant in the second quarter as strong demand from semiconductor and artificial intelligence (AI)-related companies drove factory acquisitions, with momentum expected to…

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