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.
ICICI Life Insurance targets 20,000 new women advisors by FY2027 under Narishakti drive
ICICI Life Insurance on Thursday announced plans to recruit 20,000 women advisors across India by the end of FY2027, marking the second anniversary of its Narishakti initiative. The announcement was made on the occasion of Navratri. The company…
Daiichi Life Insurance Co. Ltd. Makes New Investment in Microsoft Corporation $MSFT
Daiichi Life Insurance Co. Ltd. bought a new stake in Microsoft Corporation (NASDAQ:MSFT - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional…
Japan's Fukoku Mutual Life counts on cash to mitigate volatility
Fukoku Mutual Life Insurance is maintaining an elevated cash position as a buffer against volatile global markets and concerns about rising government spending in the country. Fukoku, which is the first life insurer in Japan to outline plans for…
Sumitomo Life considering acquisitions in southeast Asia and U.S.
Sumitomo Life Insurance is considering buying companies in Southeast Asia and the U.S. as the Japanese insurer seeks to expand and diversify its income, its top executive has said. “In Japan, the population is shrinking and it's quite…
Generali, World Bank plan emerging market risk facility
Italian firm Assicurazioni Generali SpA and the World Bank Group have agreed to create a mutual risk-mitigation facility aimed at protecting commercial investments across emerging and frontier markets, beginning in Asia, Life Insurance…
Local insurers go solo amid AI policy vacuum
South African insurers have reported using AI at a baseline level for general efficiencies. (Image source: iStock) South African insurance providers are“quickly” catching up with banks in implementing artificial intelligence (AI) for…
F&G Annuities & Life: Cheap For A Reason (NYSE:FG)
F&G Annuities & Life trades at a steep valuation discount, with 5.3x P/E and 0.54x P/B, reflecting justified market caution. FG's weaker capital returns, high alternative investment exposure, and sensitivity to asset revaluations drive its…
Jio Platforms to Reliance Power: A look at India's 10 biggest IPOs
Jio Platforms Ltd, the digital and telecom arm of Reliance Industries, is gearing up for a historic initial public offering valued at Rs 30,213 crore, poised to become India's largest-ever public issue and reshape the country's capital market…
Estate Planning for Black Families: Protect Grandma's House
The family house might not be a mansion, but losing it because nobody handled the paperwork can change a family's future. That is why estate planning belongs in Black households before anybody gets rich. If you have children, a bank account, life…
Nifty opens lower despite gap-up; IT stocks lead gains as markets digest inflation worries
Benchmark indices opened higher but quickly slipped into the red on Friday morning, with the BSE Sensex trading at 74,094.54, down 221.07 points or 0.30 per cent from its previous close of 74,315.61, after opening at 74,341.08. The NSE Nifty 50…
Research Analysts Offer Predictions for LNC FY2026 Earnings
Jackson's Record Quarter Powers the Bull Case Lincoln National Corporation (NYSE:LNC - Free Report) - Analysts at DOWLING & PARTN issued their FY2026 earnings per share estimates for shares of Lincoln National in a note issued to investors on…
Shinhan buys $500M stake in Lotte Non-Life
South Korean firm Shinhan Financial Group Company Ltd. has agreed to acquire a 77% stake in domestic peer Lotte Non-Life Insurance Company Ltd. from Seoul-based private equity firm JKL Partners Inc. for 693.3 billion South Korean won ($515…
HDFC Life Q2 net up 13.6% at ₹508 crore, net premium income rises 15.7%
Private sector insurer HDFC Life Insurance on Thursday reported a 13.61 per cent year-on-year jump in its standalone net profit at ₹508 crore for the second quarter of this fiscal, backed by a 15.71 per cent y-o-y increase in net premium…
Canada's Fairfax proposes transfer to Go Digit insurance, IIFL Capital interests to IDBI Bank
To make IDBI Bank a leading global Indian bank over time, Canada -based Fairfax Financial Holdings Ltd (FFHL) proposes to “contribute” all of its interests in Go Digit Life Insurance and Go Digit General Insurance (collectively…
Corebridge Financial (NYSE:CRBG) Major Shareholder Buys 253,776 Shares of Stock
Corebridge Financial, Inc. (NYSE:CRBG - Get Free Report) major shareholder Life Insurance Co Nippon purchased 253,776 shares of the firm's stock in a transaction on Tuesday, October 13th. The shares were acquired at an average cost of $34.68 per…
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