Tag: Life Insurance

Swiss Life Advances Customized Life Insurance Solutions for Asia's HNW Market

Swiss Life strengthens its position in Asia's high-net-worth insurance market with tailored VUL and PPLI solutions, emphasizing long-term wealth planning, regulatory clarity, and tax-efficient asset transfer across Singapore, Hong Kong, and other key markets.

NAIC Summer 2025 Meeting Advances Reinsurance, Investment, AI Oversight

Summary of NAIC Summer 2025 Meeting covering life reinsurance asset adequacy testing, offshore reinsurance risks, funding-agreement-backed programs, AI regulatory frameworks, and updates on insurance investment monitoring and accounting.

Rising Trend in Gifting Child Life Insurance Policies in Rural Municipalities

Growing public trust in child life insurance leads to increased purchase and gifting of policies during festivals, promoting future financial security for children in rural areas.

Pan-American Life Insurance Group Appoints David J. Turner Jr. to Board

Pan-American Life Insurance Group appoints David J. Turner Jr. to its Board of Directors, enhancing governance and strategic leadership in the life and health insurance market in the Americas.

Continental General Recaptures LTC Risk from Munich Re, Enhancing Asset Base

Continental General Insurance completes risk recapture from Munich Re on life and long-term care policies, boosting assets and reserves with full risk assumption.

Cambodia's Life Insurance Market Sees Moderate Growth, Forte Life Achieves Profitability in 2025

Cambodia's life insurance sector shows steady growth in 2025 with Forte Life Assurance turning profitable. Improved bancassurance regulations and digital distribution drive market expansion amid economic shifts.

Canara HSBC Life Insurance Launches EZ Pension Plan with Policybazaar

Canara HSBC Life Insurance announces EZ Pension Plan via Policybazaar, targeting retirement savings with flexible, market-linked growth tailored for India’s ageing population.

Q2 Earnings Highlight Mixed Performance and Market Resilience in Life Insurance

Review Q2 earnings for top U.S. life insurers including CNO, Corebridge, Prudential, highlighting market resilience amid interest rate shifts and competitive pressures.

U.S. Insurers Evolve Online Amid Rising Consumer Expectations and Privacy Concerns

U.S. insurers enhance websites to meet rising consumer expectations, focusing on interaction, privacy, and service amid digital marketing changes. Industry lags in innovation but sees improvements in content and responsiveness.

Employer Life Insurance Plans Often Underinsure; Term Life Can Bridge Coverage Gaps

Most employer life insurance provides only 2x salary coverage, below the recommended 10-15x. Term life insurance can supplement to better secure family financial protection.