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.
High-Net-Worth Life Insurance: Strategies for Wealthy Individuals and Families
High-net-worth individuals can use life insurance for estate planning, tax mitigation, business succession and leaving a legacy for future generations. Understanding the types of life insurance available helps you avoid unnecessarily risky or…
Broker's Call: SBI Life Insurance (Buy)
SBI Life Insurance has been a consistent compounder with FY20-25 APE CAGR at 15 per cent vs. 6 per cent for the industry, supported by an extensive SBI branch network and one of the largest agent bases in the private life insurance industry. We…
MetLife Korea staff lead industry in volunteer hours
MetLife Korea's financial service representatives (FSRs) and employees recorded the highest per capita volunteer hours in Korea's life insurance sector, the insurer said Thursday. An FSR is a specialized insurance agent who provides customized…
Sumitomo Life plans to invest $1.9 billion in private credit
Sumitomo Life Insurance is considering allocating about ¥300 billion ($1.9 billion) on private credit in the fiscal year starting April, in the latest push by a Japanese financial firm into alternative assets to boost returns. The Osaka-based…
Editorial | Medical insurance review a timely move for a sector under pressure
Hong Kong's medical insurance sector is walking something of a tightrope of late, buffeted by an ageing population and increasing demands from international markets. Finding a healthy balance will be vital for the city's growth as a global…
Insurer touts how it sought rigour of Bermuda regulators
a9204793-0606-4250-a057-5cef584922be Zac Townsend, Meanwhile's cofounder and CEO The world's first bitcoin-denominated life insurer sought Bermuda as a domicile because it wanted to be regulated by the Bermuda Monetary Authority, a bitcoin-focused…
CMPDIL raises Rs 470 crore from anchor investors ahead of Rs 1,842 crore IPO
Central Mine Planning and Design Institute (CMPDIL), an arm of state-owned Coal India, on Wednesday said it has mobilised Rs 470 crore from anchor investors, ahead of its initial share-sale opening for public subscription. Life Insurance…
Kyobo Life nears banking entry with SBI Savings Bank deal
Life insurer advances broader finance ambitions with planned purchase of Korea's leading savings bank Kyobo Life Insurance has moved closer to completing its acquisition of SBI Savings Bank after securing regulatory approval, strengthening its push…
ThoughtSpot Looks To Eliminate The Vertical Industry 'Context Gap' In AI Analytics With New Offering
ThoughtSpot's new Spotter for Industries provides AI analytic agents that support the unique terminology, data, workflows and regulations of specific vertical industries, providing contextually correct analytical results. Analytics tech developer…
HSBC mulls massive job cuts in AI adoption move
HSBC Holdings is weighing a wave of deep job cuts over the coming years that could ultimately impact around 20,000 roles, or about 10 per cent of its total workforce, Bloomberg News reported on Thursday, citing…
Prudential Public (NYSE:PUK) Shares Gap Down - Here's Why
Prudential Public Limited Company (NYSE:PUK - Get Free Report)'s share price gapped down before the market opened on Wednesday. The stock had previously closed at $29.54, but opened at $27.95. Prudential Public shares last traded at $28.64, with a…
Vicor (NASDAQ:VICR) Insider Michael Mcnamara Sells 7,174 Shares of Stock
Vicor Corporation (NASDAQ:VICR - Get Free Report) insider Michael Mcnamara sold 7,174 shares of the company's stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $190.07, for a total transaction of…
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How Is Cincinnati Financial Corporation's Stock Performance Compared to Other Property & Casualty Insurance Stocks?
Cincinnati Financial Corporation (CINF) is an insurance holding company that primarily provides property and casualty insurance, along with life insurance and investment services, through a network of independent agents. Headquartered in Fairfield…
Primerica, Inc. $PRI Shares Acquired by Prana Capital Management LP
Prana Capital Management LP grew its position in Primerica, Inc. (NYSE:PRI - Free Report) by 22.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 66,916 shares of…
Prana Capital Management LP Purchases 93,660 Shares of Equitable Holdings, Inc. $EQH
Prana Capital Management LP increased its position in shares of Equitable Holdings, Inc. (NYSE:EQH - Free Report) by 80.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned…
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