All the headlines from our Life Insurance Topic Page, ordered by recency.
Nov 22 2024 // Global non-life premiums are expected to hit a decade-high growth level of 4.3% in 2024, following the repricing of risk over the past several years in response to elevated claims, according to Swiss Re’s...
Oct 18 2024 // Japanese insurer Tokio Marine has paused the sale of its $1 billion Southeast Asia life insurance business, partly due to a dispute with a Malaysian partner over an expiring products distribution agreement, four sources...
Sep 19 2024 // A trade group representing Japan’s biggest non-life insurers said on Thursday that its member firms should set a clear deadline to cut their strategic holdings of listed client shares to zero. The General Insurance...
Jun 7 2024 // North Carolina authorities have charged a Battleboro insurance agent with 74 counts after they said he forged life insurance applications for 16 people.Jonathan Michael Vlasak, 35, a licensed producer qualified to sell...
Jun 4 2024 // Florida financial regulators have charged a Fort Myers insurance broker with taking out a life insurance policy on a person without their knowledge and misusing the person’s identification information.Bryce Corey...
Apr 1 2024 // Warfare has raged on our planet since man first walked upright and disputed territorial boundaries. Those battles have impacted not only the lives of those they came into direct contact with, but also those on the...
Jan 12 2024 // The Bank of England may tighten supervision of life insurers’ use of the “funded reinsurance” market, typically alternative asset managers who make riskier investments, as corporate pension providers...
Dec 27 2023 // Japan ordered four major non-life insurance companies to improve business practices in connection with anti-competitive activity that aimed to keep premiums high, Finance Minister Shunichi Suzuki said on Tuesday.The order...
Oct 24 2023 // Four Miami insurance agents have been charged with submitting false life insurance applications and collecting commissions from John Hancock Life Insurance Co., state officials said Monday.Alexander Faneites, Nicolas...
Oct 3 2023 // Cinven is considering a sale of German life insurer Viridium after another of its insurance investments in Europe, Eurovita, was hit by heavy customer outflows earlier in the year, three people familiar with the matter...
Sep 13 2023 // This post is part of a series sponsored by AgentSync.Are two really better than one? Insurance producers seem to think so. There’s a trend forming in the insurance industry of insurance producers acquiring securities...
Sep 11 2023 // Non-life insurers are set to significantly improve their profitability in the next few years as investment returns from higher rates cushion a hit from a rise in claims, a report by Swiss Re Institute showed on...
Sep 6 2023 // This post is part of a series sponsored by AgentSync.Life insurance carriers that don’t prioritize compliance and onboarding for their variable lines brokers will lose traction in the life and annuities market over...
May 9 2023 // London, England. May 09, 2023. — Eliot Partnership (“Eliot Partnership”), the leading global insurance sector specialist executive search firm, today announced its expansion into the global Life Insurance...
May 18 2022 // Starr Insurance Cos. announced an agreement with FPG Insurance Holdings Ltd. (HK) and local Thai shareholders to purchase FPG Insurance Public Co. Ltd. (FPG Thailand), a Thai non-life insurance company.Starr’s...
May 5 2022 // The record $2.7 billion initial public offering (IPO) by India’s Life Insurance Corp. (LIC) was oversubscribed on Thursday, helped by attractive pricing, making way for gains over the listing price later this...
Apr 22 2022 // New Delhi is halving its fundraising goal for Life Insurance Corp. of India’s IPO to 300 billion rupees ($3.9 billion), having had to cut its valuation estimates after feedback from investors, a government source...
Mar 17 2022 // Thailand’s insurance regulator ordered Southeast Insurance Pcl and Thai Insurance Pcl to stop taking new clients and sell some assets after their capital fell below the legally required levels.The non-life units of...
Mar 14 2022 // India aims to launch its $8 billion listing of state-run Life Insurance Corp. (LIC) by mid-April, two government sources said, after delaying what will be the country’s biggest ever IPO from this month due to market...
Mar 7 2022 // Bank of East Asia (BEA) said late on Friday it has agreed to sell its non-life insurance and healthcare services businesses to a unit of AIA Group Ltd. for an aggregate HK$2.168 billion ($278 million).BEA agreed to sell...