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.
SoftBank's PayPay to buy T&D's life insurer for $840 million
SoftBank Group's payments unit is buying the life insurance unit of T&D Holdings for ¥134.3 billion ($840 million) to broaden its offerings and better compete in Japan's ballooning fintech market. PayPay, Japan's dominant payments app, said it…
SoftBank Group's PayPay to Buy Majority Stake in Japanese Life Insurer
PayPay is seeking to acquire 70.2% of the shares in T&D Financial Life Insurance from Tokyo-listed T&D Holdings for an estimated 134.34 billion yen, equivalent to $839.2 million, with the consideration to be funded by cash on hand, PayPay said in a…
What Is Insurable Interest & Why Does it Matter?
Insurable interest is required for essentially all insurance policies, though when it's required and how it works can vary by type of coverage. In life insurance, insurable interest is required to purchase a policy on someone else. Laws surrounding…
3 ways retirees can improve their finances right now
Finances are strained for millions of Americans right now. Not only is inflation on the rise again and currently sitting at its highest point in three years, but the hope for interest rate cuts this year has largely subsided. And, if inflation…
Resolution Life closes three Asian transactions
66764e7c-3156-4cf2-88b2-922b13b2c1c9 Created: Jun 04, 2026 05:29 PM (Updated: Jun 04, 2026 05:30 PM) Resolution Life has closed three transactions in Asia, the Bermudian-based reinsurer announced, covering policies in Hong Kong and Japan. The deals…
LIC Share Price Drops: How SEBI's Rajesh Exports Order Impacts LIC
Shares of Life Insurance Corporation of India (LIC) traded lower on Thursday morning as investors reacted to a major regulatory crackdown on gold jewelry manufacturer Rajesh Exports, where the state-run insurer holds a significant legacy stake. On…
Who is Rajesh Mehta, the gold empire builder now under SEBI lens
Along with his brother Prashanth Mehta, he joined the family's retail business in 1988. Within two years, the brothers had established what they described as India's first organised gold jewellery manufacturing facility. In 1991, they set up a…
David Healy, President of Sun Life U.S., receives HELP Hero award from HELP USA
The award follows the recent $90 million investment, co-led by Sun Life U.S., in HELP USA's new women's homeless shelter in Brooklyn, N.Y. The investment was facilitated by SLC Management, Sun Life's asset management business. Sun Life U.S. also…
Corrie fans spot new romance brewing as star reacts to 'suspicious' return
Coronation Street fans think they have spotted the next possible romance in Weatherfield after a star reacted to her latest 'suspicious' return to the famous cobbles. As those who follow the ITV soap know, a 'whodunnit' is currently underway…
Editorial. Regulatory overreach
A recent circular by the Insurance Regulatory and Development Authority of India (IRDAI) links Key Management Persons' (KMPs) variable pay to customer-centric outcomes. This order is sound on intent, given the customer grievances in this sector;…
Hexagon Nutrition raises ₹41.7 crore from anchor investors ahead of IPO
Hexagon Nutrition has raised ₹41.66 crore from anchor investors ahead of its proposed initial public offering (IPO), allotting 92.58 lakh equity shares at ₹45 apiece. According to the anchor allocation details filed with stock…
Kospi snaps 3-day rise on profit-taking; won sharply down
South Korean stocks fell Thursday, snapping a three-session winning streak and retreating from record highs as investors locked in profits. The local currency fell sharply against the US dollar. The benchmark Korea Composite Stock Price Index…
Beijing vows to retaliate as EU warns of China Shock 2.0
Beijing has threatened to retaliate after the European Union's executive body called for a more robust response to the surge in cheap Chinese goods flooding its markets. Amid fears that a new wave of Chinese exports was gutting European…
Impinj (NASDAQ:PI) Director Sylebra Capital Llc Sells 38,724 Shares
Impinj, Inc. (NASDAQ:PI - Get Free Report) Director Sylebra Capital Llc sold 38,724 shares of the firm's stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $142.31, for a total value of $5,510,812.44.
Verizon Communications (NYSE:VZ) Trading Down 3.8% - Here's What Happened
Verizon Communications Inc. (NYSE:VZ - Get Free Report) shares were down 3.8% during trading on Thursday. The company traded as low as $44.30 and last traded at $44.8740. Approximately 32,790,719 shares traded hands during trading, an increase of…
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