Kansas City Life Insurance Company posts a $28.1M net loss in Q2 2025 driven by a $35.5M legal settlement accrual amid ongoing class action lawsuits impacting financial results.

A consortium including Allianz and BlackRock completes €3.5 billion acquisition of Viridium Group, strengthening presence in the European closed-life insurance market and expanding asset management capabilities.

Morgan Stanley reports on the strategic rise of life insurance companies in credit markets, emphasizing their evolving asset allocation strategies and growing market influence.

Financial sector faces escalating cyber risks from vendor breaches, advanced mobile malware, and critical VPN vulnerabilities, underscoring need for enhanced supply chain oversight and Zero Trust security.

Illinois explores restrictions on using socioeconomic data in auto insurance pricing, prompting industry pushback and regulatory debate on fair risk assessment and market stability.

IME Life Insurance honored its leading agents at the 2025 Business Excellence Award Night, reinforcing its focus on agent collaboration and technology-driven services in Nepal's insurance sector.

Explore the impact of sequence of returns risk on retirement plans during market volatility and how annuities and guaranteed income solutions can help protect retirees.

Trump administration's new health data sharing initiative involves major tech companies to improve patient access to health records, focusing on interoperability, AI-driven tools, and data privacy concerns.

U.S. annuity sales reached a record $116 billion in Q2, driven by fixed-rate deferred annuities amid market volatility. LIMRA projects strong 2025 growth for annuities with RILAs and FIAs maintaining key roles.

Connecticut Bond Commission prepares to approve an additional $25 million to address crumbling home foundations, with insurance surcharges and state bonds totaling over $300 million to resolve the ongoing crisis.