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.
Warning thousands paying 'unnecessary' inheritance tax due to life insurance error
Thousands of grieving families are paying inheritance tax they may not need to because of a costly mistake with life insurance policies, new figures suggest. HM Revenue & Customs data shows 6,990 estates that paid inheritance tax in 2023/24…
Kansas City Life: Q2 Earnings Snapshot
KANSAS CITY, Mo. (AP) — KANSAS CITY, Mo. (AP) — Kansas City Life Insurance Co. (KCLI) on Friday reported earnings of $7.8 million in its second quarter. On a per-share basis, the Kansas City, Missouri-based company said it had profit…
Santander tells parents they could get £100 paid into accounts
Santander has issued messages to many customers Santander is making some customers aware of a scheme that could see them receive £100 - paid directly into their accounts. This week the banking giant sent emails out, ahead of children…
Hanwha accelerates 3rd-generation succession with clearer roles among chairman's 3 sons
Hanwha Group has nearly finalized the group's succession from its second-generation owner family members to its third-generation ones, clarifying the roles of Chairman Kim Seung-youn's three sons with a series of promotions and business…
RHOC: Vicki Gunvalson's Son Michael Reveals He Hasn't Seen Sister Briana in 8 Years
Watch: Vicki Gunvalson Gives Engagement, Marriage Update With Michael Smith Vicki Gunvalson 's kids haven't been whooping it up together in nearly a decade. Her son Michael Wolfsmith, 40, shared that his relationship with sister Briana Culberson…
Some Santander customers will see £150 paid into accounts
Santander has issued a timely warning to parents with a 'lot to tick off' ahead of the new school year, alerting them to a potential windfall of up to £150 paid directly into their accounts. The high street bank has been reaching out to…
A portfolio manager says investors are looking overseas as Magnificent Seven worries grow. Here are the stocks and sectors he favors
Investors are becoming more open to international equities after years of U.S.-heavy portfolios, Janus Henderson Investors' Julian McManus told CNBC. McManus said 'Magnificent Seven' concentration has left portfolios vulnerable. The MSCI ACWI ex-US…
Bajaj Finserv's Q1FY27 consolidated net profit attributable to owners up 12% at ₹3,132 cr
Bajaj Finserv Ltd (BFS) reported a 12 per cent year-on-year (y-o-y) increase in first quarter (Q1FY27) consolidated net profit attributable to owners at ₹3,132 crore against ₹2,789 crore in the year ago quarter on the back of strong…
PCM Encore Review 2026
PCM Encore earns a 5-star rating from WSJ Buy Side thanks to its comprehensive wealth and investment management services. The firm often works with high- and ultrahigh-net-worth clients and requires investable assets of at least $2 million. PCM…
Aditya Birla Capital Q1 net profit up 40% at ₹1,175 crore
Aditya Birla Capital Ltd (ABCL) reported a healthy 40 per cent year-on-year (yoy) rise in first quarter consolidated net profit at ₹1,175 crore against ₹839 crore in the year ago period. ABCL, which is the is the finance flagship of…
Ex-youth pastor David Vander Meer who allegedly pushed wife off cliff before taking own life in jail proclaimed innocence in suicide note
The former Vegas youth pastor accused of pushing his wife off a cliff 20 years ago before taking his own life in jail proclaimed his innocence but admitted he was “selective” about revealing how his spouse died in a suicide note he…
Columbus McKinnon (NASDAQ:CMCO) Trading Down 8.1% - Here's Why
Columbus McKinnon Corporation (NASDAQ:CMCO - Get Free Report) shares fell 8.1% during trading on Friday. The company traded as low as $19.07 and last traded at $19.0130. Approximately 484,761 shares were traded during trading, a decline of 6% from…
44,163 Shares in Vicor Corporation $VICR Acquired by Vestor Capital LLC
Vestor Capital LLC bought a new stake in Vicor Corporation (NASDAQ:VICR - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 44,163 shares of the electronics maker's stock…
Hovde Group Forecasts Strong Price Appreciation for Orange County Bancorp (NASDAQ:OBT) Stock
Orange County Bancorp (NASDAQ:OBT - Get Free Report) had its target price hoisted by Hovde Group from $40.00 to $42.50 in a report issued on Friday. The brokerage currently has an 'outperform' rating on the stock. Hovde Group's target price points…
Linde (NASDAQ:LIN) Updates FY 2026 Earnings Guidance
Linde (NASDAQ:LIN - Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 17.700-17.900 for the period, compared to the consensus EPS estimate of 17.930. The…
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