Symetra Marks 5 Years of Social Impact with $1M in Grants to Nonprofits

Symetra Life Insurance celebrates 5 years of its 'Symetra Empowers Communities' initiative, awarding $1 million in grants to nonprofits addressing economic mobility and housing challenges nationwide.

Macau Tightens Regulatory Controls on Life Insurance Referral Business

Macau's insurance regulator enforces stricter rules on life insurance referral business, emphasizing compliance, due diligence, and transparency to strengthen market integrity.

Sumitomo Life Reduces Apple Holdings Slightly Amid Steady Institutional Demand

Sumitomo Life Insurance trims Apple stock holdings slightly; institutional investors maintain strong positions amid Apple's solid Q3 earnings and positive analyst outlook.

Impact of GM Bankruptcy on Retiree's Pension and Insurance Raises Industry Concerns

The bankruptcy of General Motors led to significant pension and life insurance losses for retirees like Ed Bambas, highlighting risks in retirement security and insurance coverage for veterans and former employees.

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Hong Kong Insurers Brace for $334M Claims After Deadly Wang Fuk Court Fire

Hong Kong's insurance sector faces over US$334M in claims after the Wang Fuk Court fire, with insurers streamlining claims and offering premium relief.

Nepal Non-Life Insurance Sector Sees Nearly 13% Growth; Micro-Insurance Expands Over 40%

Nepal's non-life insurance sector grew 12.93% in early fiscal 2082/83, driven by micro-insurance expansion and increased market penetration across rural and low-income areas.

Air Force Updates Eligibility and Policies for Developmental Education Programs

The U.S. Air Force revises eligibility and declination policies for intermediate and senior developmental education, enhancing flexibility and aligning with operational requirements.

NRN to Sell 594,000 Shares in Prabhu Mahalaxmi Life Insurance to Promoter Shareholders

NRN offers 594,000 shares of Prabhu Mahalaxmi Life Insurance to existing promoter shareholders with a 35-day application period in Kathmandu, impacting Nepal's insurance sector.

DXC Powers ivari’s Cloud Transformation, Cutting Operating Costs by 22%

DXC Technology enables Canadian insurer ivari to modernize core systems via AWS cloud, reducing operating costs by 22% and launching new life insurance products.