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.
10,725,305 Shares of Microsoft Corporation $MSFT Acquired by The Manufacturers Life Insurance Company
The Manufacturers Life Insurance Company acquired a new stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 10,725,305…
My Mother-in-Law Wants to Save for Our Kids' Futures. The Way She Wants to Do It Sounds Like a Scam.
Pay Dirt is Slate's money advice column. Have a question? Send it to Kristin and Ilyce here. (It's anonymous!) My mother-in-law just sent my husband and I several emails about buying life insurance for our very young children (ages 2 and 4) with a…
Jio Platforms IPO Attracts Rs 2.5 Lakh Crore Demand from Global, Domestic Investors
Jio Platforms' highly anticipated initial public offering has witnessed an unprecedented institutional demand of approximately Rs 2.5 lakh crore, far surpassing its Rs 8,110-crore anchor book, as global and domestic investors eagerly seek a stake…
Exclusive-DXC in advanced talks to sell insurance software unit for $2.4 billion, sources say
NEW YORK, Oct 19 (Reuters) – IT services company DXC Technology is in advanced talks to sell its insurance software and services division to private investment firm Eldridge Industries for about $2.4 billion, according to…
How to evaluate life settlements for clients who no longer need insurance
What's at stake: Clients who passively allow life insurance policies to lapse or accept surrender values could be leaving substantial capital on the table. Expert quote: 'You have to be willing to drop your previous financial plan that the life…
57-Year-Old Man Jumps In Front Of Delhi Metro, Dies
A suicide note and his PAN card were also recovered from the spot, police said. A 57-year-old man allegedly died by suicide after jumping onto the metro tracks in front of an approaching train at the Lajpat Nagar Metro station here on Monday…
Empire Life expands investment lineup with six new segregated funds and 10 Class Plus 3.0 additions
KINGSTON, ON, Oct. 19, 2026 /CNW/ -- Today, The Empire Life Insurance Company (Empire Life) announced a significant expansion of its segregated fund lineup, introducing six new Guaranteed Investment Funds (GIFs) and adding 10 funds to Class Plus…
Jio Platforms' anchor book draws record ₹2.5 lakh crore in bids ahead of IPO
Platforms allotted shares worth ₹8,109.85 crore to 212 anchor investors at the top end of its price band, after institutional demand for the offering exceeded ₹2.5 lakh crore, more than 30 times the amount available in the anchor…
Daiichi Life offers $4.4 billion to buy rest of Challenger
Daiichi Life Group offered to buy the rest of Challenger in a bid that valued the Australian firm at around 7.9 billion Australian dollars ($5.5 billion), the latest move by a Japanese insurer to expand abroad. Challenger received an indicative…
Jio IPO Could Exceed Hyundai's 2024 Share Sale at Price Cap
Jio Platforms Limited's IPO has drawn reported institutional interest of about ₹2.5 trillion, while its maximum advertised offer size would surpass Hyundai Motor India Limited's 2024 share sale. Moneycontrol published the ₹2.5…
Futures Rise As Dip Buyers Rush Back Into Chips After Worst Nasdaq Week Since Liberation Day
US futures are higher - but well off session highs hit before the European open - as dip buyers storm back into chipmakers after the Nasdaq's worst week since the April 2025 tariff turmoil, while oil slides after President Trump waived Russian…
Jio Platforms IPO: ₹2.5 lakh crore demand for ₹8,110 crore anchor book
Jio Platforms' initial public offering has attracted institutional demand of about ₹2.5 lakh crore, with global asset managers, sovereign wealth funds, domestic mutual funds and insurers among investors seeking a stake in the Reliance…
Public Hearing scheduled for county's 2027 proposed budget
For Teller County, 2027 is guaranteed to be a banner year. With the expansion of the wastewater treatment facility in Divide, partially funded with a $1 million grant from the Department of Local Affairs, the county provides the infrastructure for…
India's Jio lures marquee investors to IPO anchor book, bids top $25 billion
MUMBAI, Oct 19: Indian billionaire Mukesh Ambani's Reliance said on Monday that Abu Dhabi Investment Authority, BlackRock and Fidelity were among investors who bid in the anchor book of its record $3.2 billion Jio Platforms IPO, which two sources…
Insider Buying: Corebridge Financial (NYSE:CRBG) Major Shareholder Purchases 510,873 Shares of Stock
Corebridge Financial, Inc. (NYSE:CRBG - Get Free Report) major shareholder Life Insurance Co Nippon acquired 510,873 shares of Corebridge Financial stock in a transaction that occurred on Thursday, October 15th. The stock was purchased at an…
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