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.
Can Life Insurance Companies Use Genetic-Testing Results?
Federal laws don't address whether life insurance companies can use genetic-testing information in underwriting. In most states, life insurers can use genetic information that is in your medical records. Several state legislatures are proposing…
Bajaj Life's Chugh Top Paid Life Insurer CEO In FY26
Bajaj Life Insurance Managing Director and Chief Executive Officer Tarun Chugh in 2025-2026 was the highest-paid top executive among the country's life insurers, a review of company disclosures showed, as insurers are preparing to navigate new…
Woori to merge Tongyang, ABL into W55tr life insurer
Combined entity set for 2027 launch as Woori strengthens nonbank portfolio Woori Financial Group said Tuesday it will merge Tongyang Life Insurance and ABL Life Insurance into a 55 trillion won ($39 billion) insurer, with the combined company…
Regulator takes aim at life insurance marketing ploy
Will this be the next bombshell that the Capital Markets, Insurance and Savings Authority drops on Israel's insurance companies? After intervening on premiums for vehicle insurance, the authority, headed by Amit Gal, now seeks to halt the special…
India's life insurance coverage grows, but low-value policies still dominate
What's the story India 's life insurance policy landscape has evolved over the last five years, with a noticeable shift toward higher sum assured categories. According to data from the Insurance Information Bureau (IIB) for FY2021 to FY2025, the…
Being middle class was the American dream. Its definition has changed significantly
The middle class used to be the hallmark of the American Dream – hard-laboring men and women pulling themselves out of the working class into a world lined with white picket fences and awash in suburban serenity. Over time, the definition of…
Hong Kong stocks edge lower by midday, with insurance companies dragging
Hong Kong stocks edged lower by midday break on Tuesday, with insurance stocks slumping. SCROLL TO CONTINUE WITH CONTENT The benchmark Hang Seng Index dropped 165 points, or 0.65 percent, to 25,287, with the half-day market turnover reaching HK$136…
Guggenheim Ties Sink Bonds of $135 Billion Insurer Sammons
Bonds of Sammons Financial Group fell to the lowest since they were issued in June after a report probed the life insurer's connections to Mark Walter's Guggenheim Partners. The company's bonds due in June 2036 were among the weakest performers in…
Axis Bank, Abakkus, YES Bank, J&K Bank Announce Strategic Growth
Leading Indian financial institutions, including Axis Bank, Abakkus Mutual Fund, YES Bank, and J&K Bank, are making significant strides in expansion, asset growth, and product innovation, reflecting a dynamic and evolving banking and investment…
Health Insurer Centene's Chief Financial Officer To Step Down
Health insurer Centene, one of the nation's largest providers of Obamacare, said chief financial officer Drew Asher plans to step down from his role as chief financial officer in December of this year. Health insurer Centene, one of the nation's…
Here's Why Mark Walter May Have Sold The Lakers
Federal investigators are reportedly probing whether insurers controlled by Mark Walter used four companies to improperly funnel billions of dollars in loans to other firms linked to Walter, whose recent unexpected sale of the Los Angeles Lakers…
The Lakers sale and a federal probe put Mark Walter in a spotlight he never sought
Mark Walter stood next to Donald Trump with his hands clasped and his eyes focused on the president, who spoke to a crowd about the power of the Oval Office and the “most important people in the world” who visit it. Walter, 66, was…
Horizon Industrial Parks IPO subscribed 0.14 times on Day 1
Horizon Industrial Parks Limited's ₹2,600 crore initial public offering opened on Monday with subdued subscription numbers, with the issue subscribed 0.14 times overall by the close of the first day. The retail individual investor category…
South Korea's Jeonbuk Bank Taps Ripple Payments
Latest News PublishedAug 18, 2026 Ripple is bringing its cross-border payments platform to Jeonbuk Bank, but key details including its launch status and settlement asset remain undisclosed. South Korea's Jeonbuk Bank has partnered with blockchain…
XRP slips below $1 even as Ripple signs its third Korean bank partner this year
XRP fell below $1 and is the weakest major token over the past day and week, even as Ripple expands its institutional partnerships. Ripple's new deal with South Korea's Jeonbuk Bank brings near real-time cross-border payments to regional business…
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