All the headlines from our Life Insurance Topic Page, ordered by recency.
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...
Dec 1 2017 // President Donald Trump wants Thomas E. Workman, an attorney and former life insurer trade group leader, to be the independent insurance industry’s voting member of the Financial Stability Oversight Council (FSOC) for...
Nov 22 2017 // Non-life re/insurers’ full-year underwriting results are likely to be severely impacted from the second half’s three hurricanes and earthquakes in Mexico, which will lead to rate hardening for non-life insurers...
Nov 20 2017 // The Minnesota Commerce Department has reached a settlement agreement with a major life insurance company that owed money to Minnesotans for unpaid insurance policies, annuity contracts and retained asset accounts.The...
Nov 16 2017 // A certified public accountant (CPA) in Georgia has been arrested and charged with insurance fraud by Special Fraud Investigators from the Georgia Department of Insurance (GADOI), according to a statement from Georgia...
Oct 5 2017 // Japan’s biggest private-sector life insurer, Nippon Life Insurance Co., is in talks to buy a majority stake in the domestic unit of U.S.-based MassMutual Financial Group in an attempt to boost its bancassurance...
Sep 21 2017 // AIA Group Ltd. agreed to buy Commonwealth Bank of Australia’s life insurance business for A$3.8 billion (more than $3 billion), in its most ambitious foray beyond the Hong Kong-based company’s core markets in...
Sep 8 2017 // ICICI Lombard General Insurance Co Ltd’s initial public offering of shares opening next week aims to raise up to 57 billion rupees ($892 million), the latest listing in what is expected to be a record-setting year...
Aug 21 2017 // Indian initial public offerings are headed for a record year, as a rush of insurers seek to ride a rally in the local market and tap increasing investor demand for financial assets.At least four Indian insurers are aiming...
Aug 4 2017 // A Virginia man convicted of murdering his 15-month-old-son to collect on life insurance was sentenced Tuesday to life in prison without parole.Joaquin Rams of Manassas, Va., was convicted earlier this year in the 2012...
Jul 18 2017 // Specialist insurer Beazley has received authorization from the Central Bank of Ireland to convert its established Dublin-based reinsurance company into an insurance company permitted to transact business throughout the...
Jul 14 2017 // The revolution in China’s insurance industry that helped unleash about $80 billion of acquisitions started with a whimper and ended with a bang.With little fanfare, China’s top insurance official, Xiang Junbo,...
Jul 13 2017 // Generali has put its 44 billion euro ($50 billion) German life insurance portfolio up for sale as it restructures in Europe, sources close to the matter said.Morgan Stanley is evaluating options, including a sale, for...
May 18 2017 // At least half of the Indianapolis 500 field will share more than steely nerves and a love of speed. They have the same agent for insurance, including some policies they’d rather not contemplate.Life insurance....
Apr 25 2017 // Monumental views on insurance and risk in the nation’s capital? Surely we jest. Well, we will take an occasional dip into the Potomac waters to poke fun, but overall we hope this reporting on insurance and risk as...