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.
Life Insurance Policy Surrenders Outpaced Maturity Payouts
Surrenders and withdrawals of life insurance policies rose sharply in 2025-2026 (FY26), accounting for a larger share of total pay-outs than maturity benefits, the Reserve Bank of India said in its Financial Stability Report. The RBI said…
Tesco's new life insurance offering is helping families protect their future
Life is unpredictable, but your family's future doesn't have to be. A recent study† commissioned by Tesco Insurance found that almost one-third of UK adults would be forced to sell their family home if their partner died unexpectedly. That's…
Expect Consultation Paper On Distribution Reforms In July: IRDAI Chairman
The Chairman of Insurance Regulatory and Development Authority (IRDAI), Ajay Seth, noted that several insurance products are expected to go live on the Bima Sugam platform by the end of September. Further, he said that a consultation paper on…
AI's Trillion-Dollar Debt Binge Fuels Century-Old Private Market
A private bond market dating back more than a century is opening a new front in the trillion-dollar AI funding boom, allowing tech borrowers to sell debt directly to deep-pocketed insurance firms. Borrowers are hunting for capital wherever they can…
Stock Market Outlook: How Indian Stock Market Will Trade On July 1?
The Indian stock market is expected to open flat in trade on Wednesday, July 1, following global market cues. The trends on Gift Nifty also signal a tepid start for the Indian benchmark index. The Gift Nifty was trading around 23,994 level, nearly…
Hanwha Life partners with Severance Hospital on integrated dementia care
Hanwha Life Insurance signed a memorandum of understanding with Severance Hospital to build a more integrated care model for dementia as Korea grapples with the challenges of a rapidly aging population, the insurer said Wednesday. Dementia has…
Bima Sugam to go live by September-end: IRDAI chief
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…
Financial Shares Fall Slightly as Yields Keep Rising -- Financials Roundup
Financial stocks were slightly down as markets anticipate interest rate increases by the Fed and Treasury have another quarter of rising yields. A consortium backed by companies including BlackRock, Google and Coinbase said Tuesday that it is…
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Gaana appoints Shabnam Majumdar as director- partnerships & alliances
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…
Apollo's top economist warns of a painful market repricing as return on AI investment slows
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…
Apollo's Athene names ex-Goldman executive as Japan head to drive reinsurance push
TOKYO, July 1: Athene, the insurance business of Apollo Global Management, has appointed Larik Hall as head of Japan, as the U.S. asset manager ramps up operations in the country, according to a company document reviewed by Reuters. Hall…
2 global players to buy 'significant' stakes in Indian insurance firms, approvals in
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…
EUR 200 million share buyback begins following completion of EUR 227 million share buyback
Schiphol, July 1, 2026 - Aegon today begins a EUR 200 million share buyback that was announced during the Capital Markets Day on December 10, 2025. This share buyback is expected to be completed by December 23, 2026, barring unforeseen…
Rampant' Mis-Selling And Fake Policy Fraud Plague India's Insurance Sector: LIC Executive
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…
Debt-saddled Arizona woman, 73, has nothing saved and wants to buy a house. How Dave Ramsey says she can catch up fast
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…
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