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.
Market Volatility Tests Soon-to-Be Retirees' Nerves: Are You Passing?
For many Americans, recent market swings have been emotionally draining. These volatile moments in the market can create uncertainty and may influence how people feel about their financial future in retirement. As markets go down, financial stress…
Samsung Group to contribute $134.4 mil. to vulnerable households
Samsung Group said Thursday it will contribute 200 billion won ($134.4 million) to the Samsung Miso Financial Foundation to support vulnerable households, as part of its earlier pledge to commit 5 trillion won to social contribution initiatives…
The markets are consistently mispricing private credit risk
Forward look: Investors in a panic about private credit valuations need to draw a distinction between funds backing AI-threatened software companies and those whose collateral includes the hard assets of frontier AI companies themselves. What's at…
SBI Funds Management IPO subscribed 40.44 times so far on final day, driven by QIBs demand
SBI Funds Management IPO was subscribed 40.44 times as of 3.48 pm on the final day of bidding, led by strong demand from qualified institutional buyers (QIBs). The QIB portion was subscribed 136.65 times, while the non-institutional investors…
HCLTech to acquire Guardian India for $10.5 million; 2,000 employees to transition
HCLTech on Thursday announced the acquisition of Guardian India Operations for $10.5 million (about ₹101 crore), a deal that will see nearly 2,000 employees of the US-based firm transition to the tech giant under a seven-year partnership…
JPMorgan Chase & Co. Lowers Melco Resorts & Entertainment (NASDAQ:MLCO) Price Target to $5.70
Melco Resorts & Entertainment (NASDAQ:MLCO - Get Free Report) had its price target decreased by equities research analysts at JPMorgan Chase & Co. from $6.00 to $5.70 in a research report issued on Thursday, Benzinga reports. The brokerage…
Prudential Public Limited Company (NYSE:PUK) Short Interest Down 42.2% in June
Prudential Public Limited Company (NYSE:PUK - Get Free Report) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 789,897 shares, a decline of 42.2% from the June 15th…
Why Long-Term Financial Planning Requires More Than Asset Building?
Wealth creation is an important aspect of financial planning, but it is not the only one. While investments can increase your savings over time, it's also important to plan for unexpected events that could impact your income or your family's…
20 years after his wife fell to her death in Utah, a youth pastor's story unravels
Richard Gudenkauf walked his daughter down the aisle in September 1996 with a frown on his face. The bride, Bernadette, was a vision in her white dress and matching pearls, big doe eyes peering out from behind her veil. Her mother, Laura Gudenkauf…
Chemung Financial Corp (NASDAQ:CHMG) Sees Large Growth in Short Interest
Chemung Financial Corp (NASDAQ:CHMG - Get Free Report) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 80,780 shares, a growth of 94.6% from the June 15th total of…
HC Wainwright Reaffirms 'Buy' Rating for Uranium Royalty (NASDAQ:UROY)
Uranium Royalty (NASDAQ:UROY - Get Free Report)'s stock had its 'buy' rating reissued by investment analysts at HC Wainwright in a research report issued to clients and investors on Thursday, Benzinga reports. They currently have a $4.50 target…
ICICI Lombard shares slump 15% to 52-week low after weak Q1 results trigger brokerage downgrades
ICICI Lombard General Insurance shares slumped nearly 15 per cent on Thursday and hit a fresh 52-week low after the insurer reported weak June quarter earnings and several brokerages downgraded the stock. The stock traded 12 per cent lower at…
IT stocks prop up Nifty at midday; SBI Life, Eternal lead losers
Markets were trading with a modest positive bias at midday on Thursday, with the Nifty 50 holding at 24,123.90, up 45.40 points or 0.19 per cent, and the Sensex at 77,401.12, up 215.69 points or 0.28 per cent, as of 12.55 pm. The indices, however…
CareDx (NASDAQ:CDNA) Reaches New 12-Month High - Time to Buy?
CareDx, Inc. (NASDAQ:CDNA - Get Free Report)'s share price reached a new 52-week high on Thursday. The company traded as high as $35.50 and last traded at $36.5450, with a volume of 137228 shares traded. The stock had previously closed at $29.75.
WAVE Life Sciences Ltd. (NASDAQ:WVE) Given Average Rating of 'Moderate Buy' by Analysts
WAVE Life Sciences Ltd. (NASDAQ:WVE - Get Free Report) has been given a consensus rating of 'Moderate Buy' by the fifteen brokerages that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a…
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