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.
USAA Car Insurance Review: Cost, Coverage and Trends
USAA received 4 out of 5 stars in our analysis of car insurance companies. USAA offers the lowest average rates for those shopping for state-minimum coverage and for drivers with a speeding ticket or at-fault accident on their records, among the…
Fairfax Financial to Acquire IDBI Bank, Appoints HDFC Veterans as Advisers
Canadian billionaire Prem Watsa's Fairfax Financial Holdings is set to acquire a majority stake in IDBI Bank for Rs 52,878 crore, leveraging the extensive expertise of former HDFC stalwarts Deepak Parekh and Paresh Sukthankar as key advisers.
777 Partners founder's guilty plea deepens scrutiny of Wall Street's insurance trade
The founder of 777 Partners, the poster child for the underbelly of Wall Street's insurance push, pleaded guilty to fraud Thursday. A Semafor investigation in 2023 found that 777, which announced itself with a bold bid to buy UK soccer club…
Financial Services Institutions Bureau to be headed by SCL Das, former Secretary, MSME Ministry
The Government has nominated seven members, including Subhas Chandra Lal Das, former Secretary, MSME Ministry; Arijit Basu, former Managing Director, State Bank of India; and Satish K Marathe, former Director, Central Board of the Reserve Bank of…
Deepak Parekh, Paresh Sukthankar to advise Fairfax on IDBI Bank; NS Kannan tipped for chairman: Prem Watsa
The Cabinet Committee on Economic Affairs has approved the sale of a 60.72% stake to Fairfax for Rs 52,878 crore. The transaction is expected to be completed by March 2027. In a conference call, India-born Watsa, founder, chairman and CEO of…
Great-West Lifeco (TSE:GWO) Stock Breaks Above Two Hundred Day Moving Average - Should You Sell?
Great-West Lifeco Inc. (TSE:GWO - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of C$84.72 and traded as high as C$92.96. Great-West Lifeco shares last…
Andersons (NASDAQ:ANDE) Upgraded at Wall Street Zen
Andersons (NASDAQ:ANDE - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a 'buy' rating to a 'strong-buy' rating in a note issued to investors on Saturday, Wall Street Zen reports. 6 best ethanol stocks to buy…
Brookfield Asset Management (NYSE:BAM) Rating Lowered to Sell at Wall Street Zen
Brookfield Asset Management (NYSE:BAM - Get Free Report) TSE: BAM.A was downgraded by equities researchers at Wall Street Zen from a 'hold' rating to a 'sell' rating in a research report issued on Saturday, Wall Street Zen reports. Powering Up:…
7 Apple TV Shows That Deserve More Love
These seven Apple TV shows deserve way more love. After all these years, Apple TV still feels like the newest of all the streaming platforms. In the last couple of years, it's made a name for itself for its fantastic array of science fiction TV…
Cincinnati Financial Corporation $CINF Stock: Cyndeo Wealth Partners LLC Grows Holdings
Cyndeo Wealth Partners LLC lifted its holdings in Cincinnati Financial Corporation (NASDAQ:CINF - Free Report) by 1,823.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,462 shares…
Fairfax to engage Parekh, Sukthankar to advise it on IDBI Bank acquisition
Canada-based Fairfax Financial Holdings Ltd (FFHL) will engage Deepak Parekh, former Chairman of erstwhile HDFC Ltd, and Paresh Sukthankar, former Deputy Managing Director of HDFC Bank, as Advisors to help it with its proposed acquisition of IDBI…
Trust & Will to Launch Chartered Retail Trust Company
The overwhelming industry trend in the past 25 years is moving from physical capabilities to digital ones. With its announcement of the launch of a chartered retail trust company, online estate planning provider Trust & Will is doing just the…
Cyndeo Wealth Partners LLC Acquires 273,158 Shares of Axon Enterprise, Inc $AXON
Cyndeo Wealth Partners LLC acquired a new position in Axon Enterprise, Inc (NASDAQ:AXON - Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional…
Manulife Financial Corp $MFC Shares Sold by Cardinal Capital Management Inc.
Cardinal Capital Management Inc. decreased its position in shares of Manulife Financial Corp (NYSE:MFC - Free Report) TSE: MFC by 12.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange…
Suncor Energy (NYSE:SU) Stock Rating Upgraded by Wall Street Zen
Suncor Energy (NYSE:SU - Get Free Report) TSE: SU was upgraded by research analysts at Wall Street Zen from a 'buy' rating to a 'strong-buy' rating in a report released on Saturday, Wall Street Zen reports. Mortgage Rates Squeeze FHA Buyers: 3…
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