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.
North Carolina Charging Order Against Delaware LLC Affirmed In Universal Life Insurance Company Case
This case arises in the Durham NC Superior Court. Universal Life Insurance Company ('ULICO') held a North Carolina judgment in excess of $524 million against Lindberg, resulting from the latter's breach of a guarantee in 2020. Lindberg held 100% of…
Fidelity, Vanguard and BlackRock are all adding annuities to 401(k) plans - betting retirees want pension-like income
If you crave more predictability when you retire, a trending 401(k) plan option could be the answer to your prayers. More of America's largest investment firms are shaking up the standard target-date fund model to offer guaranteed lifetime…
LIC targets stronger market leadership as it approaches its platinum jubilee
LIC CEO and MD R Doraiswamy has said that despite rising competition in the life insurance sector, the Corporation will stay focused on strengthening its leadership position while contributing to the national development as it heads toward its…
PayPay (PAYP), T&D Holdings Form AI-Driven Insurance and Fintech Alliance
PayPay Corporation (NASDAQ: PAYP) is one of the best young stocks with the highest upside potential. On June 4, T&D Holdings and PayPay Corporation announced a comprehensive business alliance aimed at combining insurance services, fintech…
Buy LICI Futures
The outlook for the stock of Life Insurance Corporation of India (LICI) (₹399.25) remains neutral. It has been moving in the narrow range of ₹360-440 and only a break away from this band will set a clear trend. Immediate resistance…
National Stock Exchange IPO: Draft Papers Expected Next Week, Reviving Listing Plans
The National Stock Exchange (NSE) is finally set to advance its long-awaited initial public offering (IPO) with preliminary papers expected to be filed with Sebi next week, marking a crucial step after nearly a decade of regulatory hurdles. The…
Tribunal dismisses retired Sanlam employee's bid to recover alleged R1 million pension loss
Retired Sanlam employee loses R1 million pension claim in tribunal ruling. A retired Sanlam employee has failed in his attempt to hold the Sanlam Umbrella Provident Fund liable for losses he claimed were caused by delays in the payment of his…
Chubb Limited: The Stock's Consistent Compounding Makes It A Strategic Gem (NYSE:CB)
Chubb Limited offers consistent compounding, evidenced by market-beating returns and moderate value-at-risk. The company has a diverse revenue base, deriving from property and casualty insurance, smooth life and health premiums, general insurance…
Mcap of eight of top-10 most valued firms surges by ₹1.90 lakh crore; ICICI Bank shines
The combined market valuation of eight of the top-10 most valued firms surged by ₹1.90 lakh crore last week, with ICICI Bank stealing the show, in tandem with a rally in equities. Last week, the BSE benchmark Sensex jumped 1,284.61 points…
At-Home DNA Test Risks Go Beyond the Spit Tube - News Anyway
At-home DNA test risks are harder to escape than the friendly packaging suggests, a detailed review of 10 direct-to-consumer testing companies and consultations with 12 experts in bioethics, genetics, law, and cybersecurity has found. The first…
Long-awaited NSE IPO set to advance; draft papers likely next week
The long-awaited initial public offering (IPO) of the National Stock Exchange (NSE) is set to move a step closer, with the country's largest stock exchange expected to file its preliminary papers with SEBI next week, people aware of the matter…
Equitable Holdings, Inc. $EQH Shares Sold by Basswood Capital Management L.L.C.
Basswood Capital Management L.L.C. lessened its stake in Equitable Holdings, Inc. (NYSE:EQH - Free Report) by 29.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The…
Landscape Capital Management L.L.C. Cuts Holdings in BellRing Brands Inc. $BRBR
Landscape Capital Management L.L.C. trimmed its holdings in shares of BellRing Brands Inc. (NYSE:BRBR - Free Report) by 35.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission.
Barclays PLC Increases Stake in HCA Healthcare, Inc. $HCA
Barclays PLC increased its position in shares of HCA Healthcare, Inc. (NYSE:HCA - Free Report) by 5.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned…
LIC eyes stronger market leadership as it nears platinum jubilee
Reflecting on LIC's journey since 1956, Doraiswamy said that the corporation's growth has always been closely linked to India 's development. He emphasized that LIC has become one of the country's most respected institutions, playing a crucial role…
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