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.
Why life insurance finds itself in the spotlight
Billionaire Mark Walter's surprise sale of the Los Angeles Lakers is drawing attention to, of all things, a once-staid corner of finance: life insurance. Why it matters: Over the past decade or so, big Wall Street firms like Apollo Global…
Yext $YEXT Shares Sold by The Manufacturers Life Insurance Company
The Manufacturers Life Insurance Company trimmed its holdings in shares of Yext (NYSE:YEXT - Free Report) by 98.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 28,074 shares of the company's…
Deposit insurance fee hikes face pushback from financial firms
Financial companies are pushing back against plans to raise deposit insurance fees, warning that a steep increase could put an excessive burden on the industry and ultimately be passed on to customers, industry officials said Thursday. The Korea…
AIA first-half profit up 11%, driven by growth in Hong Kong and Asia sales
AIA Group, Asia's largest independent publicly listed life insurance group, reported 11 per cent growth in first-half operating profit, driven by strong growth of Hong Kong and mainland China sales and expansion in Southeast Asian markets.
Aegon announces Chief Financial Officer transition
Schiphol, August 20, 2026 - Aegon today announced that, in connection with the planned move of its head office and legal seat to the United States, it has agreed with Duncan Russell that he will step down as Chief Financial Officer and leave the…
Aegon reports first half year 2026 results
Please click here to access all 1H2026 results related documents Net result of EUR 608 million, compared with EUR 606 million in the first half of 2025 Operating result of EUR 804 million, up 9% compared with the first half of 2025, reflecting…
RBI allows LIC to increase holding in HDFC Bank from 4.11% to 9.99%
The Reserve Bank of India RBI has accorded its approval to Life Insurance Corporation of India (LIC) for acquiring an aggregate holding of up to 9.99% of the paid-up share capital or voting rights in HDFC Bank Ltd., the bank said in a filing with…
South Korean insurance M&A activity heats up
South Korea's insurance mergers and acquisitions market is showing signs of revival as several long-running transactions approach key stages, with Lotte Non-Life Insurance Company Ltd. and Axa General Insurance Company Ltd. among the firms…
RBI approves LIC to raise stake in HDFC Bank to 9.99%
The Reserve Bank of India has given Life Insurance Corp (LIC) approval to raise its stake in HDFC Bank to up to 9.99%, the private lender said late on…
All you need to know about Tempsens Instruments (India) IPO that opens today
The ₹650-crore Initial Public Offering Tempsens Instruments (India) opens today (August 20) at a price band of ₹285-300 and will conclude on Monday (August 24). Investors can bid for a minimum of 50 Equity Shares and in multiples of…
Lincoln Electric Holdings, Inc. (NASDAQ:LECO) Receives Consensus Recommendation of 'Moderate Buy' from Brokerages
Lincoln Electric Holdings, Inc. (NASDAQ:LECO - Get Free Report) has received an average recommendation of 'Moderate Buy' from the ten analysts that are currently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the…
Brighthouse Financial, Inc. (NASDAQ:BHF) Receives Average Recommendation of 'Reduce' from Analysts
Shares of Brighthouse Financial, Inc. (NASDAQ:BHF - Get Free Report) have been given an average recommendation of 'Reduce' by the ten analysts that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated…
HDFC Bank shares rise 2% from 52-week low as RBI clears LIC stake increase
HDFC Bank shares rose nearly 2 per cent on Thursday from the 52-week low recorded in the previous trading session after the Reserve Bank of India approved Life Insurance Corp (LIC) to increase its stake in the private lender to up to 9.99 per cent.
Sprott Inc. $SII Shares Acquired by Bank of America Corp DE
Bank of America Corp DE boosted its stake in Sprott Inc. (NYSE:SII - Free Report) by 121.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 134,756 shares of the…
Equitable FY2028 EPS Forecast Reduced by DOWLING & PARTN
3 Major Buybacks Just Dropped—Here's the Signal Investors See Equitable Holdings, Inc. (NYSE:EQH - Free Report) - Research analysts at DOWLING & PARTN cut their FY2028 earnings per share (EPS) estimates for shares of Equitable in a report…
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