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.
Japanese insurers sold domestic superlong bonds as yields soared
Japan's insurers sold domestic superlong government bonds in May, reversing course from the start of the fiscal year as yields climbed to multidecade highs. Local insurers sold a net ¥201.2 billion ($1.25 billion) of Japanese sovereign debt due…
Two-third of HNWIs in Hong Kong and mainland China lack legacy plan, survey finds
Two-thirds of high-net-worth individuals (HNWIs) in Hong Kong and mainland China have no legacy plan in place, according to an HSBC Life research released Monday. SCROLL TO CONTINUE WITH CONTENT The insurer's survey found that 'Concerns about…
Is private credit a $2 trillion-dollar insurance timebomb?
Key Insight: Life insurers have shifted nearly $2 trillion in liabilities to offshore and captive reinsurers, with states instituting new guidelines to ensure adequate oversight. What's at stake: State officials have adopted new rules to test…
Seoul shares close at fresh peak above 9,100 on chip gains amid U.S.-Iran talks
South Korean stocks finished at an all-time high Monday on a continued rally in semiconductor shares amid signs of progress in U.S.-Iran talks to end their monthslong war in the Middle East. The local currency lost against the U.S. dollar. After…
Widow Says Remarrying Would Mean Losing A $4,600 A Month Fire Department Pension. Dave Ramsey Says That's The Equivalent Of A $500K Investment
A Tennessee widow is facing a decision that blends love, money and long-term financial security. At 69 years old, she told “ The Ramsey Show ” that she is considering remarrying, but doing so would mean giving up a fire department…
Market Crash: The Financial Stocks I'd Buy Without Losing Sleep
Wall Street cycles between bull markets and bear markets. While bear markets can be emotionally difficult to deal with and financially painful, they are just a fact of life for investors. And they can be an opportunity to add high-quality…
Biltir appoints policy and regulation director
2e192373-64a7-4cea-99ae-2f5aea5adedc Todd Coslow, director of policy and regulation at Biltir (Photograph supplied) Bermuda International Long-Term Insurers and Reinsurers has appointed Todd Coslow as its new director of policy and regulation. Mr…
Woori chief pitches growth strategy in Japan, Taiwan
Woori Financial Group said Monday that Chairman Yim Jong-yong will visit Japan and Taiwan this week for an investor-relations campaign to expand its global shareholder base and highlight the group's growth strategy and shareholder return policy.
Name Dropping | Parkland College names Justin Kirby as Distinguished Alumnus of the Year
CHAMPAIGN — A Philo native took his dad's words to heart, which set the young Justin Kirby, the now-CEO and founder of Kirby Wealth Management, which manages over $1 billion in client assets, on a path to becoming the first person in his…
Confidence in economy improves amid AI boom: Poll - Focus Taiwan
Taipei, June 22 (CNA) Confidence in the local economy improved in June as Taiwan's export-oriented economy continued to benefit from the global AI boom, a survey released by Cathay Financial Holding Co. showed Monday. Cathay Financial, Taiwan's…
Vaughan Nelson Investment Management L.P. Has $199.40 Million Stake in Lincoln Electric Holdings, Inc. $LECO
Vaughan Nelson Investment Management L.P. grew its stake in Lincoln Electric Holdings, Inc. (NASDAQ:LECO - Free Report) by 72.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The…
Ingersoll Rand Inc. (NYSE:IR) Given Average Rating of 'Hold' by Brokerages
Shares of Ingersoll Rand Inc. (NYSE:IR - Get Free Report) have been assigned a consensus recommendation of 'Hold' from the nine research firms that are presently covering the stock, Marketbeat Ratings reports. Five equities research analysts have…
SG Americas Securities LLC Grows Holdings in CME Group Inc. $CME
SG Americas Securities LLC raised its stake in CME Group Inc. (NASDAQ:CME - Free Report) by 25.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 299,355 shares of the…
EastGroup Properties, Inc. (NYSE:EGP) Receives Consensus Recommendation of 'Moderate Buy' from Brokerages
EastGroup Properties, Inc. (NYSE:EGP - Get Free Report) has earned a consensus rating of 'Moderate Buy' from the sixteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold…
'Internally Important, Externally Irrelevant': IBM in a Nutshell
'Someone on the app described IBM Execs as 'Internally important, externally irrelevant'. Perfect description. Literal nobodies outside the four walls of IBM.' This past weekend (comment) IBM is rotting. It really is rotting. Ask people who work at…
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