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.
Kansas City Life Insurance Co. (OTCMKTS:KCLI) Short Interest Update
Kansas City Life Insurance Co. (OTCMKTS:KCLI - Get Free Report) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 107 shares, a drop of 49.3% from the January 15th…
Dai-ichi Life reports 1,155 unauthorized data transfers
Dai-ichi Life Holdings said Thursday that it has confirmed 1,155 cases of unauthorized data transfers by 64 employees seconded from affiliated insurance companies to 28 agents, including banks. The information taken from the insurance agents…
RBI's proposed mis-selling norms may hit credit life business of insurers
Consequently, banks may face a decline in their bancassurance income as a result. Bancassurance income contributes 7–12 per cent to the overall fee income for banks. Bancassurance income has grown at 31 per cent CAGR over the last three…
The hidden cost of insurance distribution
India's life insurance industry paid ₹60,799 crore in commissions in FY2025. By itself, the figure is not extraordinary for a sector of this scale. What should alarm regulators and policymakers is the trend. In a single year, commission…
Prudential's fraud scandal casts spotlight on fully commission-based remuneration
Prudential Life Insurance, formerly renowned in Japan for its philosophy-driven business model, is now embroiled in a fraud scandal that has highlighted the risks of a remuneration system that is fully commission based within the industry. The…
Japan Insurer Scandals Deepen as Dai-ichi Reveals Misconduct
Japan's insurance industry is reeling from a raft of scandals that have exposed companies' lax supervision of its employees, undermining trust in the sector at a time when the government is trying to drive more investment by individuals. Dai-ichi…
Opinion | Hong Kong should see the 'silver economy' as a golden opportunity
Hong Kong stands at a definitive demographic crossroads. With one-third of our population projected to be over 65 by the 2040s, the city can either treat ageing as a fiscal burden or it can transform longevity into a sustainable growth engine.
What we learnt: AMP and Temple & Webster create wrong kind of history
The big result: AMP Ltd served up such a surprise it took its two much younger and flashier rivals down with it. That's some effort. The stink bomb was margin guidance within AMP's wealth platforms business – the 177-year-old company's…
KBC Group: Fourth-quarter result of 1 003 million euros
KBC Group – overview (consolidated, IFRS)4Q20253Q20254Q2024FY2025FY2024Net result (in millions of EUR)1 0031 0021 1163 5683 415Basic earnings per share (in EUR)2.442.442.758.708.33Breakdown of the net result by business unit (in millions of…
'Should Have Hired A Money Manager': GoFundMe For James Van Der Beek's Family Sparks Fiery Debate
A fierce debate erupted as donations poured in for the family of James Van Der Beek after his tragic passing. The 48-year-old actor passed away after a “long and courageous battle with cancer,” his loved ones said. His passing led to…
Inherited Real Estate with Siblings: What to Do When You Want to Sell and They Don't
My siblings and I inherited a multifamily property in Brooklyn. I don't want to be in the real estate business, and I certainly don't want to be in business with my siblings. They, however, believe it's an excellent asset with strong income and…
New Bermuda broker relationship executive
4a044ddd-4473-4bd6-a713-b6d8ec4c5538 David Berlanga has been appointed to a broker relationship management role in Bermuda with I-RE (Photograph supplied) I-RE, the captive specialist insurance and reinsurance underwriters, has appointed David…
Three academic institutions join the Northwestern Mutual Data Science Institute
The Northwestern Mutual Data Science Institute is expanding with the addition of three new partners: the Medical College of Wisconsin (MCW), Milwaukee School of Engineering (MSOE) and Waukesha County Technical College (WCTC). First launched in 2018…
To ask if you live In the rep of Ireland (not Dublin) what is your income vs expenses?
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DPIIT notifies 100% FDI in insurance companies under automatic route
The Department for Promotion of Industry and Internal Trade (DPIIT) under the Commerce and Industry Ministry has notified 100 per cent foreign direct investment (FDI) in the insurance sector following the enactment of legislation in this regard.
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