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.
Sun Life launches new insurance subsidiary in Bermuda
Sun Life announced on Tuesday the establishment of Sun Life Bermuda Limited, a new wholly owned insurance subsidiary that expands its Private Wealth capabilities in Bermuda to include participating life solutions, amid growing demand for…
Navigating the pitfalls and perks of private-placement life insurance
Key insight: Private-placement life insurance (PPLI) offers the unique ability to funnel excess premiums into alternative assets like private equity while shielding the gains inside an insurance wrapper. What's at stake: Wealth managers risk…
Financial Services Roundup: Market Talk
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0758 GMT – Legal & General Group has weaker-quality earnings while competition intensifies in the U.K. pension risk…
US 'mulling tougher capital rules' for offshore life reinsurance
Scott White, president of the NAIC, speaks at the Biltir annual conference yesterday (Photograph by Akil Simmons) US insurance regulators are considering tougher capital requirements for some offshore life reinsurance deals, delegates heard at a…
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LIC Mutual Fund appoints Ashis Kumar as MD and CEO
LIC Mutual Fund Asset Management has announced the appointment of Ashis Kumar as its managing director and chief executive officer, effective September 26, 2026. With over three decades of experience spanning investments, business operations…
Samsung to Invest $1 Billion in KKR's AI Infrastructure Company
Samsung Group companies including Samsung Electronics Co. agreed to invest a combined $1 billion in Helix Digital Infrastructure, a KKR & Co. -backed US company, deepening the South Korean conglomerate's push into the rapidly expanding…
Biltir conference attracts record crowd
Grwoing market: Natasha Scotland Courcy, chairwoman of Bermuda International Long Term Insurers and Reinsurers and CEO and general counsel at Athene Life Re (Photograph by David Fox) Bermuda's long-term insurance market manages more than $1.5…
Samsung Group to invest $1 bil. in AI infrastructure company Helix
Korean conglomerate Samsung Group said Tuesday it will invest a combined $1 billion in Helix Digital Infrastructure, a U.S. artificial intelligence (AI) infrastructure company backed by private equity firm KKR & Co. Six affiliates — Samsung…
Samsung to inject $1 billion into Nvidia- and KKR-backed AI infrastructure firm
Samsung Electronics will invest $500 million, with five other Samsung affiliates contributing the remainder. Helix focuses on AI infrastructure spanning hyperscale data centers, power generation and fiber-optic networks. KKR, Nvidia, Kuwait…
Insurance 2.0: After 100% FDI, distribution costs reset
The timing of the proposed rejig of distribution economics by IRDAI (Insurance Regulatory and Development Authority) is interesting as it came six months after India allowed centum foreign ownership in the sector. IRDAI is re-engineering the…
Ensure distribution reforms don't affect intermediaries' livelihoods: Insurance agents' body tells IRDAI
A likely reduction in remuneration is causing worry for nearly 15 lakh life-insurance agents. Accordingly, they've urged the Insurance Regulatory and Development Authority of India (IRDAI) to avoid a “disproportionate” cut under its…
Nifty falls below 22,700 as crude, US yields pressure markets
Markets opened lower on Tuesday, September 29, with the Nifty 50 falling to 22,673.85, down 106.40 points or 0.47 per cent from its previous close of 22,780.25, while the Sensex slipped to 72,385.06, shedding 386.66 points or 0.53 per cent from its…
Samsung Invests $1 Billion in KKR's Helix AI Infrastructure
Samsung Electronics and five affiliates are investing a combined $1 billion in Helix Digital Infrastructure, a new artificial intelligence infrastructure company backed by investment firm KKR, as Samsung expands deeper into AI data centers, power…
Are You Mixing Insurance With Investments? Here's What It Could Cost Your Family
Mohan Rao, 29, who works in the field of marketing in Bangalore and has a salary of almost ₹12 lakh per annum, was recently approached by his distant uncle, an insurance salesman, with a proposal. Pay him roughly ₹10,000 per month for…
After eight years without a playground, children at an Oshawa housing co-operative are getting one they designed themselves
Since 2017, Maple Glen Housing Co-operative has been without a playground after deteriorating equipment was removed for safety reasons, leaving local children without a dedicated place to play close to home. Today, nearly 100 Foresters…
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