All the headlines from our Life Insurance Topic Page, ordered by recency.
Feb 4 2019 // Japanese insurance companies have spent more than $50 billion on acquisitions over the past five years to become the world’s second-largest buyer of insurance assets, and the deals spree won’t be slowing down...
Nov 14 2018 // Brussels-based insurer Ageas announced it has signed an agreement to acquire 40 percent of the share capital of the Indian non-life insurance company Royal Sundaram General Insurance Co. Ltd. (RSGI) for a total...
Oct 25 2018 // Australia’s largest wealth manager AMP Ltd said on Thursday it would sell its life insurance arm at a discount and revealed its funds were hemorrhaging cash as clients pulled out their money in response to...
Oct 24 2018 // Australia’s life insurers will be required to publish customer dispute numbers every six months, top financial regulators said on Wednesday, as a misconduct inquiry threatens other reforms that could hurt industry...
Sep 19 2018 // John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that track fitness and health data through wearable...
Jul 16 2018 // Global insurance premiums continued to rise in 2017 with emerging markets leading the way, according to a study published by Swiss Re Institute’s sigma, which is celebrating its 50th anniversary of market...
Jul 6 2018 // Global insurance premiums continued to rise in 2017 with emerging markets leading the way, according to a study published by Swiss Re Institute’s sigma, which is celebrating its 50th anniversary of market...
Jun 15 2018 // The company isn’t a well-known name in Silicon Valley, but its investors certainly are.San Francisco-based Ethos Technologies Inc. was founded last year, the product of two Stanford MBAs. The company’s core...
May 18 2018 // Some of the biggest U.S. insurers reduced their holdings of state and local government bonds after the corporate tax cut took effect this year, marking a retreat by a key buyer in the $3.9 trillion municipal-securities...
May 17 2018 // A.M. Best has a stable outlook on the German non-life insurance sector as Germany’s robust economy continues to drive growth.According to the ratings agency, the country’s technical profitability is solid and...
Mar 23 2018 // Underwriting is not dying. It is just being automated into digital algorithms versus analog human beings.Technology’s effect on life insurance underwriting is easiest to show by example. It is also further advanced...
Mar 21 2018 // When Zhang Xixi, a 25-year-old staffer at an online financial company in China’s southern province of Guangdong, decided last year to buy personal insurance for the first time, he was swamped with options.Local...
Mar 5 2018 // Underwriting is not dying. It is just being automated into digital algorithms versus analog human beings.Technology’s effect on life insurance underwriting is easiest to show by example. It is also further advanced...
Mar 2 2018 // Athene Holding Ltd. and Viridium Group GmbH submitted binding bids for Assicurazioni Generali SpA’s 40 billion-euro ($49 billion) German life insurance portfolio, according to people with knowledge of the...
Mar 2 2018 // Nippon Life Insurance Co said on Friday it had agreed to buy an 85 percent stake in the domestic unit of U.S.-based MassMutual Financial Group for about 104.2 billion yen ($980 million) as it aims to boost its...
Jan 23 2018 // Liberty Mutual is getting out of the life insurance business, and the insurer will reorganize in order to better focus on its remaining P/C businesses.The Boston-based global insurer said it will sell its life insurance...
Dec 22 2017 // Congress has passed and President Donald Trump has signed the Tax Cuts and Jobs Act (HR1) into law. It is the biggest tax change in 30 years.Under the legislation, insurers, agencies and other businesses organized as C...
Dec 22 2017 // Tennessee consumers received $9.4 million in restitution and the recovery of life insurance benefits in 2017, according to the Tennessee Department of Commerce & Insurance’s (TDCI) Consumer Insurance Services...
Dec 11 2017 // Zurich Insurance Group announced that it has entered into an agreement to acquire 100 percent of ANZ’s life insurance businesses, OnePath Life, in Australia, for A$2.85 billion (US$2.14 billion).Both parties expect...
Dec 4 2017 // Non-life re/insurers’ full-year underwriting results are likely to be severely affected by the second half of the year’s three hurricanes and earthquakes in Mexico–which will lead to rate hardening for...