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.
Taiwan Frees Life Insurers to Deploy Capital in AI Projects
Taiwan is easing regulations to give life insurers flexibility to invest in artificial intelligence projects, part of an ongoing campaign by authorities to redirect a larger slice of the industry's $1 trillion asset pool back home. The Financial…
Manulife Named #1 Life Insurer for AI Maturity for Second Consecutive Year by Evident
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 Named top insurer in Canada, first in the AI Leadership category, and ranked third overall – underscoring Manulife's strategic priority to be an AI-powered organization TORONTO and…
ICICI Pru Life Insurance launches ULIP with fixed maturity benefit, life cover
ICICI Prudential Life Insurance has launched ICICI Pru Signature Secure, the industry's first unit linked insurance plan (ULIP) with an in-built guaranteed maturity benefit. The non-participating linked individual savings life insurance plan has…
20 Economic Indicators Mainstream Forecasts May Be Missing Right Now
Most economic forecasts focus on familiar metrics such as inflation, interest rates, employment data and GDP growth. While those indicators are important, they don't always reveal the earliest signs of change beneath the surface of the economy.
Weak won fuels demand for dollar-denominated insurance, but FX risks persist
When a life insurance agent recommended a dollar-denominated annuity earlier this month as a way to benefit from strong U.S. currency, a Seoul office worker immediately signed up, attracted by the prospect of tax-free returns and potential foreign…
Ratings agency disputes findings of private-credit risk study
aa5d6e37-85b9-40c7-85cf-1ec992defa34 A leading credit ratings agency has pushed back against a recent academic study that questioned the reliability of private-credit ratings used by life insurers, arguing that the research overstates both the…
TSMC's ADRs rank No. 7 in global market cap after SpaceX surge
Taiwan Semiconductor Manufacturing Co's (TSMC, 台積電) American depositary receipts (ADRs) rose over 4 percent in the US overnight, but its spot in the global market capitalization rankings fell one notch to No. 7, according to…
TSMC's ADRs rank No. 7 in global market cap after SpaceX surge - Focus Taiwan
Taipei, June 16 (CNA) Although the American depositary receipts (ADRs) of Taiwan Semiconductor Manufacturing Co. (TSMC) rose over 4 percent in the United States overnight, its spot in the global market capitalization rankings fell one notch to No.
FSC to ease rules on insurer investing in AI
Taiwan is easing regulations to give life insurers flexibility to invest in artificial intelligence (AI) projects, part of an ongoing move by authorities to redirect a larger slice of the industry's US$1 trillion asset pool back home. The Financial…
Kulicke and Soffa Industries (NASDAQ:KLIC) Shares Up 6.7% - Should You Buy?
Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Get Free Report) shares shot up 6.7% on Tuesday. The stock traded as high as $123.69 and last traded at $123.1540. 500,927 shares traded hands during mid-day trading, a decline of 35% from the…
Aigen Investment Management LP Lowers Holdings in Kulicke and Soffa Industries, Inc. $KLIC
Aigen Investment Management LP decreased its holdings in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) by 57.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm…
Nordea Liv Norway migrates 58 million transactions to the cloud | Computer Weekly
ordea Liv's Norwegian business has completed the migration of transactions, contracts and investment accounts in the latest milestone in its IT transformation modernisation. The life and pensions firm, part of Nordea Group, said this is a key…
RiskIQ founders launch Ent Security with $100M to rethink endpoint defense
Intent-aware endpoint security startup Ent Security launched today with $100 million in funding to build what it calls a new layer of workspace security that reads the intent behind what users and artificial intelligence agents do before risky…
TCS to take $70 million hit after US Supreme Court rejects appeal
Tata Consultancy Services will book a one-time exceptional charge of $70 million after the U.S. Supreme Court rejected its appeal in a trade secrets case, bringing its total exposure in the matter to $220 million…
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Is Cincinnati Financial Stock Underperforming the S&P 500?
Cincinnati Financial Corporation (CINF), based in Fairfield, Ohio, provides property and casualty insurance products in the United States. With a market cap of $26.2 billion, the company operates through five segments: Commercial Lines Insurance…
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