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.
Tesco's new life insurance offering is helping families protect their future
Life is unpredictable, but your family's future doesn't have to be. A recent study† commissioned by Tesco Insurance found that almost one-third of UK adults would be forced to sell their family home if their partner died unexpectedly. That's…
IIT Bombay to set up AI-powered cyber defence hub for insurance with SBI Life
2 min read New Delhi Make us preferred source on Google The Indian Institute of Technology Bombay (IIT Bombay) has partnered with SBI Life Insurance to establish the ‘Bharat AI & Cyber Innovation Hub for Insurance', a joint research and…
Bima Sugam to go live by September-end: IRDAI chief
The Insurance Regulatory and Development Authority of India (IRDAI) expects insurance products to go live on the Bima Sugam digital platform by the end of September, while a consultation paper on distribution reforms is likely to be released by the…
Financial Shares Fall Slightly as Yields Keep Rising -- Financials Roundup
Financial stocks were slightly down as markets anticipate interest rate increases by the Fed and Treasury have another quarter of rising yields. A consortium backed by companies including BlackRock, Google and Coinbase said Tuesday that it is…
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Gaana appoints Shabnam Majumdar as director- partnerships & alliances
Shabnam Majumdar has joined Gaana as director – partnerships and alliances. In her new role, she will lead revenue partnerships for the audio streaming platform, focusing on strategic alliances, commercial collaborations and expanding the…
Apollo's top economist warns of a painful market repricing as return on AI investment slows
Uneven returns on AI investment could be a wakeup call for the red-hot stock market, a top economist says. US equities are roaring, with unrelenting tech bullishness putting the the Nasdaq 100 on track for its best quarter in years. Yet, Torsten…
Woori Financial's bid to take Tongyang Life private continues to stall amid shareholder backlash
Woori Financial Group's plan to take Tongyang Life Insurance private has hit a snag in the final stages, as a dispute over the proposed share-swap ratio draws heightened regulatory scrutiny and underscores Korea's growing emphasis on protecting…
Apollo's Athene names ex-Goldman executive as Japan head to drive reinsurance push
TOKYO, July 1: Athene, the insurance business of Apollo Global Management, has appointed Larik Hall as head of Japan, as the U.S. asset manager ramps up operations in the country, according to a company document reviewed by Reuters. Hall…
2 global players to buy 'significant' stakes in Indian insurance firms, approvals in
3 min read Mumbai Make us preferred source on Google Foreign interest has notably picked up since the Centre raised the FDI cap in the sector to 100%, said Ajay Seth, the chief of the country's insurance regulator, which he said has already…
Rampant' Mis-Selling And Fake Policy Fraud Plague India's Insurance Sector: LIC Executive
India's largest insurance provider LIC noted that massive mis-selling and fraud are rampant in India's insurance landscape even after IRDAI's recent moves to strengthen governing policies. Ratnakar Patnaik, Managing director at LIC, said that…
Debt-saddled Arizona woman, 73, has nothing saved and wants to buy a house. How Dave Ramsey says she can catch up fast
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. What would you do if you were over the age of 70, had no retirement savings and were still paying off student loans — but wanted to buy a…
Baby boomer divorce is booming. It's causing chaos for retirement plans and testing family ties.
Baby boomers are having some second thoughts about the whole 'till death do us part' thing. Instead of waiting for someone to land in a coffin to go their separate ways, they're going to the courthouse. Longer lives have married people wondering…
European Insurers Rethink BPO for AI Era
European life and retirement insurers are reshaping business process outsourcing (BPO) relationships to strengthen resilience, compliance and AI-ready modernization as regulatory scrutiny and legacy complexity increase, according to a new research…
Aflac Japan Data Breach Impacts 4.38 Million
Aflac Life Insurance Japan, a subsidiary of insurance giant Aflac, on Tuesday announced that hackers stole the personal information of 4.38 million customers. The company's systems were hacked on June 15, and the attackers accessed them several…
My Mom Told Me a Lie About My Dad All My Life. One Phone Call Uncovered the Startling Truth.
Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Dear Prudence is Slate's advice column. Submit questions here. My stepfather adopted me when I was 2, but he and my mom…
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