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.
What To Look For in a Life Insurance Illustration
Life insurance illustrations show how a permanent life insurance policy can perform under certain scenarios. Illustrations show premiums, cash value and the death benefit through the years based on guaranteed minimum returns and nonguaranteed…
Life Insurance Penetration Further Falls To 2.7% in FY25: IRDAI Annual Report
Mumbai: India has continued to report a dip for the third consecutive year in life insurance penetration which has declined to 2.7 per cent during 2024-25 from 2.8 per cent in the previous year according to the annual report of Insurance Regulatory…
Short Interest in Kansas City Life Insurance Co. (OTCMKTS:KCLI) Expands By 35.0%
Kansas City Life Insurance Co. (OTCMKTS:KCLI - Get Free Report) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 166 shares, a growth of 35.0% from the November 30th…
Insurance industry faces muted outlook despite premium hikes in 2026
Although premium hikes for auto insurance and indemnity health insurance are set for 2026, the insurance sector remains pessimistic as modest increases, combined with already elevated loss ratios, are unlikely to deliver a meaningful boost to its…
Korea to reinforce EV safety coverage in 2026 amid rising fire risks
Compensation systems related to electric vehicle (EV) safety will be reinforced in 2026 as fires and explosions involving EVs continue to rise, insurance industry officials said Wednesday. According to the Korea Life Insurance Association and the…
IRDAI To Issue Norms To Bring Down Distributors' Commissions
Mumbai: In a bid to make insurance affordable, the insurance regulator is likely to come with regulations to bring down the high commission payouts made to agents and other distributors. High commissions paid by insurers to their distributors is…
Road closures announced for the Butterfield Mile
Search 13f675e3-10d5-4e8f-923e-0abbf6795ec3 The Bermuda National Athletics Association holds trials for the Butterfield Front Street Mile the National Stadium (File photograph by Blaire Simmons) Front Street will be closed to road traffic next…
Volunteers turn out again in wake of Christmas celebrations
Search e093191c-bdb3-495d-91a5-203fa45fc784 Keep Bermuda Beautiful volunteers mark Boxing Day by cleaning Elbow Beach (Photograph supplied) A day after revellers celebrated Christmas on Elbow Beach, Keep Bermuda Beautiful was out on the sands…
Insurance industry braves odds - The Nation Newspaper
Despite economic headwinds and persistent public skepticism, Nigeria's insurance industry showed renewed signs of life in 2025. This review takes a closer look at how both the regulator and operators have fared and what still needs fixing. Omobola…
Bankrupt Pakistan forced to sell banks, famous hotels, other assets after national airlines due to..., PM Shehbaz Sharif brings Agenda 5, here's all you need to know
Cash-strapped Pakistan is selling off state-owned companies, besides its Pakistan International Airlines (PIA), to meet conditions set by the International Monetary Fund (IMF) for a $7 billion bailout package. This move comes as part of an effort…
Dawn French was 'nervous' about show and had to 'bullied' into reading script
Dawn French has confessed that she had to be 'bullied' into reading the script for her new TV show Can You Keep a Secret? The BBC series features the TV star as a bossy mother, wife, grandmother, lawn bowls enthusiast and petty tyrant, who…
Rules for facilitating 100% FDI in insurance notified
With law for 100 per cent foreign direct investment notified, the Finance Ministry has new rules removing the condition of majority of directors and key management persons to be Indian residents in an insurance company with foreign investment.
NAICOM: no going back on 2026 recapitalisation deadline - The Nation Newspaper
The National Insurance Commission (NAICOM) has ruled out any possibility of extending the recapitalisation deadline for operators in the Nigerian insurance industry. The insurance regulator is insisting that the timeline is rooted in law and cannot…
Can YOU guess which popular inventions made their creators millions?
There is big money to be made from pioneering inventions which go on to fly off the shelves for many years to come - yet not always for the original creators themselves. The daughter of the man who came up with future bestselling board game Cluedo…
Integration begins as Eurolife absorbs Ethniki Insurance portfolio
Eurolife Limited has officially welcomed the customers of the former Ethniki Insurance (Cyprus) Ltd following the successful completion of a portfolio transfer that marks a significant expansion for the Bank of Cyprus group. “This important…
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