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.
Can Life Insurance Companies Use Genetic-Testing Results?
Federal laws don't address whether life insurance companies can use genetic-testing information in underwriting. In most states, life insurers can use genetic information that is in your medical records. Several state legislatures are proposing…
Bajaj Life's Chugh Top Paid Life Insurer CEO In FY26
Bajaj Life Insurance Managing Director and Chief Executive Officer Tarun Chugh in 2025-2026 was the highest-paid top executive among the country's life insurers, a review of company disclosures showed, as insurers are preparing to navigate new…
Woori Financial Group to launch mega life insurer through Tongyang, ABL merger
Woori Financial Group said Tuesday it will officially kick off the integration of Tongyang Life Insurance and ABL Life Insurance, aiming to launch an integrated life insurer with total assets of about 55 trillion won ($39 billion) in the second…
As Japanese Bond Yields Soar, Unrealized Losses At Life Insurers Hit $200 Billion
With Japanese bonds in freefall every day, pushing yields on 10Y JGBs to a 3 decade high, just shy of 3%... ... the time to pay the piper is fast approaching as unrealized losses on domestic bonds at Japan's major life insurers have soared to 30.86…
Woori to merge Tongyang, ABL into W55tr life insurer
Combined entity set for 2027 launch as Woori strengthens nonbank portfolio Woori Financial Group said Tuesday it will merge Tongyang Life Insurance and ABL Life Insurance into a 55 trillion won ($39 billion) insurer, with the combined company…
Wix.com Ltd. $WIX Shares Sold by The Manufacturers Life Insurance Company
The Manufacturers Life Insurance Company reduced its stake in Wix.com Ltd. (NASDAQ:WIX - Free Report) by 88.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,676 shares of…
The Manufacturers Life Insurance Company Sells 4,183,009 Shares of Redwood Trust, Inc. $RWT
The Manufacturers Life Insurance Company lowered its position in shares of Redwood Trust, Inc. (NYSE:RWT - Free Report) by 99.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The…
The Manufacturers Life Insurance Company Has $196,000 Stock Holdings in Urogen Pharma $URGN
The Manufacturers Life Insurance Company decreased its position in Urogen Pharma (NASDAQ:URGN - Free Report) by 80.4% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 10,909 shares of the…
The Manufacturers Life Insurance Company Lowers Stock Position in Genius Sports Limited $GENI
The Manufacturers Life Insurance Company lessened its holdings in shares of Genius Sports Limited (NYSE:GENI - Free Report) by 98.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange…
Funde Sino Life Insurance Co Ltd Purchases New Position in Intel Corporation $INTC
Funde Sino Life Insurance Co Ltd purchased a new position in Intel Corporation (NASDAQ:INTC - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional…
Hong Kong stocks edge lower by midday, with insurance companies dragging
Hong Kong stocks edged lower by midday break on Tuesday, with insurance stocks slumping. SCROLL TO CONTINUE WITH CONTENT The benchmark Hang Seng Index dropped 165 points, or 0.65 percent, to 25,287, with the half-day market turnover reaching HK$136…
Being middle class was the American dream. Its definition has changed significantly
The middle class used to be the hallmark of the American Dream – hard-laboring men and women pulling themselves out of the working class into a world lined with white picket fences and awash in suburban serenity. Over time, the definition of…
HSI closes higher after early sell-offs, Xiaomi and Baidu tick up modestly ahead of interim reports
Hang Seng Index gained a bit higher by rising 17 points after dropping as much as 200 points in early trading on Tuesday, with mixed performances in tech majors, biopharmaceutical companies and oil majors leading the gain. SCROLL TO CONTINUE WITH…
Guggenheim Ties Sink Bonds of $135 Billion Insurer Sammons
Bonds of Sammons Financial Group fell to the lowest since they were issued in June after a report probed the life insurer's connections to Mark Walter's Guggenheim Partners. The company's bonds due in June 2036 were among the weakest performers in…
Axis Bank, Abakkus, YES Bank, J&K Bank Announce Strategic Growth
Leading Indian financial institutions, including Axis Bank, Abakkus Mutual Fund, YES Bank, and J&K Bank, are making significant strides in expansion, asset growth, and product innovation, reflecting a dynamic and evolving banking and investment…
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