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.
Karur Vysya Bank, Bajaj Allianz Life Insurance announce strategic partnership
PTI | Published: 08th July 2020 04:00 PM COIMBATORE: Karur Vysya Bank (KVB) on Wednesday entered into a corporate agency partnership with Bajaj Allianz Life, one of India's leading life insurance companies, to offer life insurance solutions to the…
How To Choose The Correct Life Insurance
Public health is on everyone's mind these days, but that doesn't mean we should be forgetting about our own personal health. Millions of people are anxious right now for good reasons - between an ongoing pandemic and economic downturn, many people…
Bharti AXA Life Insurance unveils unique plan to secure health and life amid COVID-19
Bharti AXA Life Insurance, a joint venture between Bharti Enterprises, one of India's leading business groups, and AXA, one of the world's largest insurance companies, today announced the launch of its first-of-its-kind Health and Life Secure, an…
Karur Vysya Bank and Bajaj Allianz Life Insurance announce strategic partnership
Chennai: Karur Vysya Bank has entered into a corporate agency partnership with Bajaj Allianz Life, one of India's leading life insurance companies, to offer life insurance solutions to the Bank's customers. Through this partnership, Karur Vysya…
BHARTI AXA LIFE INSURANCE ROLLS OUT HEALTH AND LIFE SECURE WITH TRIPLE BENEFITS
MUMBAI/NEW DELHI: July 8, 2020: Bharti AXA Life Insurance, a joint venture between Bharti Enterprises, one of India's leading business groups, and AXA, one of the world's largest insurance companies, today announced the launch of its…
Thousands at risk of dud insurance in their super as they lose work due to coronavirus
Hundreds of thousands of Australians could soon be exposed to dud insurance through their superannuation funds. Highly restrictive definitions of disability for the unemployed, casual, contract and part-time workers have seen many people denied…
COVID-19 claims: General Insurance Council's tariff card explained
The General Insurance Council (GI Council), the non-life insurance industry association, has come out with an indicative rate chart for COVID-19 hospitalisation claims. The tariff has been devised after discussion with the medical professionals…
KKR to Buy Global Atlantic, Adding Almost $90 Billion in Assets
KKR & Co. agreed to buy Global Atlantic Financial Group in a deal that gives it a major presence in the insurance industry and adds long-term capital. The alternative-investment manager will acquire Global Atlantic's outstanding shares, according…
Insurance, Pension Funds Could Pool In Money For Govt's Startup-Focused 'Fund-Of-Funds'
The Department for Promotion of Industry and Internal Trade (DPIIT) is in talks with the Insurance Regulatory and Development Authority of India (IRDAI) and Securities and Exchange Board of India (SEBI) to deliberate whether state-run insurers and…
KKR buys life insurer Global Atlantic for $4.4bn
KKR has agreed to buy Global Atlantic, the former life insurance unit of Goldman Sachs, in a $4.4bn deal that underscores how private equity firms are taking over the role of traditional financial institutions as lenders to millions of ordinary…
Cabinet approves capital infusion of Rs 12,450 crore in 3 state-run insurance companies
Updated Jul 08, 2020 | 16:15 IST Cabinet approves capital infusion of Rs 12,450 crore in 3 state-run insurance companies New Delhi: The Union Cabinet on Wednesday approved capital infusion of Rs 12,450 crore for three public sector general…
The youth and the insurance market in Ghana
Opinions of Wednesday, 8 July 2020 Click to read all about coronavirus → This morning, in a finance discussion with Kwesi Oduro Boakye of Ampem Boakye and Partners, he made some projections that I was so happy but was a bit worried about the…
Nassau Financial enters partnership with Symetra on Hartford insurtech incubator
Hartford insurer Nassau Financial Group entered into a partnership with Washington state-based Symetra Life Insurance Co., which will provide money and staff resources to support startup companies working at Nassau's downtown insurtech incubator.
5 San Francisco Insurtechs To Keep An Eye On
The annual Benzinga Global Fintech Awards, a day of dealmaking, networking and recognition in the financial technology space, will take place on Nov. 10, 2020. In recognition of those disruptive innovators creating positive and diverse change…
KKR to take over Goldman Sachs-backed insurer Global Atlantic
(Reuters) - KKR & Co Inc (KKR.N) said on Wednesday it would acquire Goldman Sachs-backed Global Atlantic Financial Group Ltd, making it the latest private equity firm to add an annuities and life insurance provider to its platform. KKR said it will…
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