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.
Hangzhou 'Six Little Dragons' member Manycore seeks US$130m from Hong Kong IPO
Manycore Tech, a spatial design software developer and one of Hangzhou's fast-rising “Six Little Dragons”, launched its Hong Kong initial public offering (IPO) on Thursday, aiming to raise about HK$1.02 billion (US$130 million).
FTC approves E.Sun Financial's acquisition of Mercuries Life
The Fair Trade Commission (FTC) said yesterday that it has given approval for E.Sun Financial Holding Co (玉山金控) to acquire Mercuries Life Insurance Co (三商美邦人壽), after determining…
Private Equity's Go-To Insurance Trades to Face UK Curbs, Sources Say
The Bank of England plans to clamp down on a tool that life insurers have used to offload billions of pounds of liabilities, often via deals with private equity-backed firms. The UK central bank is preparing to tighten its treatment of funded…
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Policybazaar CEO Tarun Mathur steps down; Sajja Praveen Chowdary appointed successor
Tarun Mathur has stepped down as chief executive officer and principal officer of Policybazaar, a wholly owned subsidiary of PB Fintech, effective April 7. According to a regulatory filing, his resignation is due to personal commitments. Following…
Matmut Group: Full Year 2025 results: Growth, diversification and financial strength - On track with 2025 strategic ambitions
Growth, diversification and financial strength: Matmut Group on track with its 2025 strategic ambitions 2025 revenue up 16.2% to €3,689 million (+9.6% on a like-for-like basis) Transformative diversification into savings & protection with…
Pension 'death tax' changes loom
The countdown has begun to the introduction of new rules on how pensions are treated after someone dies. In the “biggest shake-up of inheritance rules in a generation”, said The Telegraph, the value of a pension will, from April 2027…
PoSP Insurance Distribution Gains Momentum Nationwide; PBPartners Identified as a Leading Enabler: HSBC
A report by HSBC Global Investment Research indicates that India's Point-of-Sale Person (PoSP) insurance distribution ecosystem is set to witness strong growth in the years ahead, driven in part by digitally enabled agent networks that are playing…
Manycore Tech reveals Hong Kong IPO; first of 'Hangzhou Six Little Dragons' to list: report
Manycore Tech Inc, a spatial intelligence unicorn based in Hangzhou, East China's Zhejiang Province, on Thursday released its global offering document, revealing that the company plans to list on the Hong Kong Stock Exchange on April 17. Upon…
Hanwha scion makes finance his proving ground
Global deals lift Kim Dong-won's stature at Hanwha Life, but stake ownership still lags behind his profile Kim Dong-won's place in Hanwha Group's succession story has become clearer over the past year, even if it remains distinct from that of his…
Sia Comments on $42K-Per Month Child Support Settlement With Estranged Husband: 'To Err Is Human, To Forgive Is Divine'
Sia has opened about what the singer-songwriter described as a very difficult year following her split with estranged husband Daniel Bernad. In an X post on Tuesday (April 7), the “Dance Alone” star lamented that the details of her…
Woodmont Investment Counsel LLC Has $10.68 Million Stake in Pinnacle Financial Partners, Inc. $PNFP
Woodmont Investment Counsel LLC grew its holdings in Pinnacle Financial Partners, Inc. (NYSE:PNFP - Free Report) by 18.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm…
Prudential Public (NYSE:PUK) Stock Price Crosses Above 200-Day Moving Average - Should You Sell?
Prudential Public Limited Company (NYSE:PUK - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $29.63 and traded as high as $31.01. Prudential Public shares last…
Oak Thistle LLC Takes Position in Equitable Holdings, Inc. $EQH
Oak Thistle LLC purchased a new stake in Equitable Holdings, Inc. (NYSE:EQH - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 39,229…
Manulife Financial (TSE:MFC) Stock Price Passes Above 200-Day Moving Average - Here's Why
Manulife Financial Co. (TSE:MFC - Get Free Report) NYSE: MFC's stock price passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$48.16 and traded as high as C$50.58. Manulife Financial…
Scotiabank Begins Coverage on Unitil (NYSE:UTL)
Research analysts at Scotiabank initiated coverage on shares of Unitil (NYSE:UTL - Get Free Report) in a report released on Thursday. The brokerage set a 'sector perform' rating and a $57.00 price target on the utilities provider's stock.
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