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.
Households rush to buy life insurance ahead of rule change under Andy Burnham
The rush to buy life insurance ahead of a rule change under Andy Burnham and John Healey shows no sign of slowing down, Royal London has warned. Chief executive Barry O'Dwyer said said more customers were looking to take out life insurance…
The Manufacturers Life Insurance Company Purchases 45,794 Shares of Hormel Foods Corporation $HRL
The Manufacturers Life Insurance Company boosted its holdings in shares of Hormel Foods Corporation (NYSE:HRL - Free Report) by 22.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission…
Manulife: Great Operating Performance In Q2 Is Overshadowed By Premium Valuation (MFC)
Manulife Financial Corporation delivered strong Q2 2026 results, with broad-based growth and double-digit YoY increases in APE sales and core earnings. APE sales surged 21% YoY to CAD 2.7B, driven by Asia and new product launches, while core…
LIC Q1 net up 23% to ₹13,492 cr on higher premium and new biz
Life Insurance Corporation of India's (LIC's) standalone net profit for the June quarter rose 22.81% year-on-year (YoY) to ₹13,492 crore on higher premium income and a surge in value of new business (VNB). Total premium income of the…
Hong Kong insurers' shares drop as Beijing taxes offshore insurance income
China's mainland tax authorities have begun levying taxes on insurance policy income earned offshore, according to four people with direct knowledge of the matter, sending Hong Kong-listed shares of major insurers, led by Prudential (2378) and AIA…
Shares of major Hong Kong insurance, finance firms tumble amid 20% levy report
Shares of major Hong Kong-listed insurance and financial institutions tumbled on Thursday, after reports surfaced that mainland Chinese authorities had begun taxing gains on offshore insurance policies bought by mainland visitors in the city…
Hang Seng Index slumps over 450 points at noon on Thursday, insurers sink
Hong Kong stocks plunged over 450 points by noon on Thursday, dragged by insurers and banks. SCROLL TO CONTINUE WITH CONTENT The benchmark Hang Seng Index fell by 452 points, or 1.8 percent to 25,463 points at noon. AIA (1299) shares slid 8.8…
Multimillion-dollar renovation coming for The Shops at North Bridge on Chicago's Mag Mile
The Shops at North Bridge on the Magnificent Mile announced plans Thursday for a multimillion-dollar renovation project. The renovation, which will be conducted in multiple phases, will bring about 'a dramatic new street presence…
Zurich Insurance posts profit above expectations
(Reuters) – Zurich Insurance on Thursday reported a half-year operating profit above market expectations and lifted its guidance for the life insurance unit, reflecting strong growth in the business. Europe's second-largest insurer by market…
Calamos International Growth Fund Q2 2026 Commentary
Global equities rallied in the second quarter as markets reflected strong earnings growth, continued AI innovation, and signs of progress in the Middle East conflict as of June. Holdings in diversified banks helped relative performance, as did our…
Why insurance matters to renters, landlords and California
This story was originally published by CalMatters. Sign up for their newsletters. A year and a half after the Eaton Fire, Gil Barel is still waiting to move back into the Pasadena home she has rented for nearly a decade. Her complex did not burn…
CF Industries Holdings, Inc. $CF Stake Raised by Janus Henderson Group PLC
Janus Henderson Group PLC raised its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 304.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission…
Low insurance penetration, reforms to drive 'massive' growth in India's insurance sector: S&P
India's insurance sector is poised for 'massive' long-term growth, supported by structural reforms, low insurance penetration, and a favourable regulatory environment, but macroeconomic headwinds and profitability pressures remain key risks…
Hong Kong insurers' shares slump on report China to tax offshore insurance income
HONG KONG - Hong Kong-listed shares of major insurers, led by Prudential and AIA Group, fell sharply on Aug 6 after Caixin reported China's mainland tax authorities are levying taxes on insurance policy income earned offshore. Beijing and Hangzhou…
Why insurance matters to renters, landlords and California
A year and a half after the Eaton Fire, Gil Barel is still waiting to move back into the Pasadena home she has rented for nearly a decade. Her complex did not burn down, but smoke engulfed it for days during the January 2025 fire. Barel wants to…
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