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.
Turkish non-life insurance market grows 28%
The Turkish non-life insurance market posted gross written premiums of 340 billion Turkish lira ($7.6 billion), up 28% year on year, according to the Insurance Association of Turkey, Middle East Insurance Review reported. This figure represents 86%…
What Is a Mutual Insurance Company?
Mutual insurance companies are owned by policyholders, not shareholders. When you have a mutual life insurance policy, you can receive dividends based on the company's annual profits. You can typically use dividends to purchase more coverage…
Jio Financial formalises general insurance foray with Allianz
Jio Financial Services and Munich-based Allianz Group have solidified their partnership by signing a binding agreement to establish a 50:50 joint venture for general and health insurance in India, aiming to capitalise on the nation's accelerating…
Investment plans explained alongside insurance category differences
When planning your financial future, understanding the difference between life insurance and general insurance is essential. Both serve important purposes but cater to different needs. Life insurance policy options often include investment plans…
6 money moves to make in your 20s to help you get ahead
Retirement may feel a lifetime away when you're just starting your career. But planning early can help you set yourself up for success when you do reach retirement age. For many Americans today, retirement is more likely to bring feelings of…
Generali Thailand's premiums grow 22%
Generali Insurance (Thailand) plc posted gross written premiums of 16.1 billion Thai baht ($497 million) in 2025, up 22% year on year, Bangkok Post reported. Country Manager and CEO Arsh Kaumi attributed this growth to the company's robust…
Lufthansa axes 20,000 flights amid fuel crisis
German airline Deutsche Lufthansa AG said it would cut 20,000 flights over the next six months to save jet fuel due to surging prices and declining energy supplies caused by the war in Iran, The New York Times reported. This follows comments from…
Commercial lines rates slip further in Q1: Marsh
Global commercial insurance rates fell by an average of 5% in the first quarter of 2026, driven by abundant capacity and intense insurer competition across most major product lines, according to U.S.-based Marsh LLC, Reinsurance News reported. Asia…
Allianz, Jio seal India general insurance deal
Netherlands-based Allianz Europe BV has entered into a binding agreement with India-headquartered Jio Financial Services Ltd. to form a primary insurance joint venture offering general insurance in India, Reinsurance News reported. The companies…
Offshore projects hit by rising shipping risk premiums
The Iran war's impact on shipping risk premiums has severely affected offshore oil and gas projects in the United Arab Emirates, Qatar and Saudi Arabia, NewVision reports, citing Upstream. Insurers are requiring rates two to three times higher for…
RBC Insurance wins two awards at The Digital Banker's 2026 Digital CX Awards
TORONTO, April 23, 2026 /CNW/ - RBC Insurance has been recognized with two awards at the Digital Client Experience (CX) Awards, hosted by The Digital Banker, reinforcing its commitment to delivering exceptional digital experiences and advisor-first…
Crude Oil Prices To Gift Nifty: Key Triggers To Influence Sensex, Nifty 50 Today
The Indian benchmark stock market indices Nifty 50 and Sensex are expected to open in red on Thursday, April 23, as investor sentiment remained weak amid surging crude oil prices due to the ongoing blockade of Strait of Hormuz. Gifty Nifty was also…
US reclassifies certain marijuana products as a less-dangerous drug
(Reuters) – The U.S. Department of Justice is reclassifying FDA-approved and state-licensed marijuana as a less-dangerous drug, Acting Attorney General Todd Blanche said on Thursday. The announcement does not legalize marijuana across the…
Stock Market Highlights April 23: Sensex, Nifty close in the red amid firm trend in crude oil prices
Stock Market today | Share Market Updates: India's equity benchmarks traded in a narrow range during the noon session on Thursday, under pressure from a sharp rise in crude prices. Brent crude remained above the $100 mark, extending gains for a…
Night Recap - April 22, 2026
SCROLL TO CONTINUE WITH CONTENT A surge in online traffic caused widespread disruptions as Cinema Day tickets went on sale at noon on Wednesday, leaving many moviegoers unable to log in to ticketing systems. Long queues were also seen outside…
Receive a Daily briefing on Life Insurance Industry News
Get Started