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.
AIIEA cautions against 100% FDI cap in insurance sector
The All India Insurance Employees Association (AIIEA) has opposed the Central government's decision to raise the Foreign Direct Investment (FDI) cap in the insurance sector to 100% and to give the nod for Insurance Laws (Amendment) Bill. The…
Bajaj Finance loses over Rs 19,000 crore in market valuation this week
Bajaj Finance emerged as the biggest loser among India's most valued companies last week, as its market capitalisation fell sharply by Rs 19,289.7 crore amid a largely bearish trend in the stock market. Overall, eight of the top-10 most valued…
The Law Q&A | It shouldn't matter if you have a record
Crime doesn't pay. Well, sometimes not. But soon, being convicted of a felonious crime will not be a bar to insurance companies paying funeral expenses of a deceased felon. The Illinois legislature passed a law earlier this year amending the…
You have no idea' - Warning issued to anyone who wears shoes in their home
Irish households are being warned that they may have 'no idea' about the damage caused by keeping their shoes on indoors. The warning follows research revealing just how harmful wearing shoes inside the home can be, with potential health risks that…
Mcap of 8 of top-10 most valued firms erodes by ₹79,129 cr; Bajaj Finance, ICICI Bank hit hard
The combined market valuation of eight of the top-10 most valued domestic firms eroded by ₹79,129.21 crore last week, with Bajaj Finance and ICICI Bank taking the biggest hit, amid a largely bearish trend in equities. Last week, the BSE…
Women lead in financial inclusion with rise in pension scheme subscriptions
After opening savings accounts in a big way under the Pradhan Mantri Jan - Dhan Yojana (PMJDY), women are making strides to secure their old-age income security by subscribing to the Atal Pension Yojana (APY). The number of female subscribers to…
KB Financial Group Inc $KB Holdings Raised by Lazard Asset Management LLC
Lazard Asset Management LLC increased its stake in KB Financial Group Inc (NYSE:KB - Free Report) by 1.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor…
Ireland's true housing disaster emerges - renting into old age
A REMINDER FOR all Irish adults living with their parents – don't chew with your mouth open. This was the tone of a (likely) well meaning and (extremely) misconceived video which blew up across social media during the week. It was an open…
Life360 (NASDAQ:LIF) Raised to 'Strong-Buy' at DA Davidson
Life360 (NASDAQ:LIF - Get Free Report) was upgraded by equities researchers at DA Davidson to a 'strong-buy' rating in a research note issued on Thursday, Zacks.com reports. Unusually High Volume Points to Upside in These Stocks A number of other…
Hill Path Capital LP Makes New Investment in Accel Entertainment, Inc. $ACEL
Hill Path Capital LP bought a new position in shares of Accel Entertainment, Inc. (NYSE:ACEL - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor…
GM Retiree Forced Back To Work At 88 Can Finally Clock Out
Former GM worker lost pension after automaker's bankruptcy. Took a grocery job at 82 to survive and pay big medical bills. Social media campaign raised nearly $2M so he can retire. The auto industry loves to talk about heritage, as if the workers…
Stance Capital LLC Buys New Shares in Aflac Incorporated $AFL
Stance Capital LLC purchased a new position in Aflac Incorporated (NYSE:AFL - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 12,723 shares of…
Road Rage: Part Eighteen
This is the eighteenth part of a fiction serial, in 753 words. If you need to catch up with any previous episodes, here is a link to all of them. Dave told Maggie about the news from Scotland, and then he phoned Fran at work and told her. She said…
Stance Capital LLC Takes $1.98 Million Position in Globe Life Inc. $GL
Stance Capital LLC bought a new position in shares of Globe Life Inc. (NYSE:GL - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought…
Insider Selling: Verastem (NASDAQ:VSTM) CEO Sells 2,000 Shares of Stock
Verastem, Inc. (NASDAQ:VSTM - Get Free Report) CEO Dan Paterson sold 2,000 shares of the business's stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $10.07, for a total transaction of $20,140.00.
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