Tag: Life Insurance

Q3 Earnings Wrap: Life Insurers Show Mixed Results Amid Market Shifts

Review Q3 earnings for major U.S. life insurers including Prudential, Aflac, and others. Analyze revenue results, stock reactions, and key market influences affecting the sector.

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.

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.

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.

Global Universal Life Insurance Market to Reach $132.3B by 2033

Explore the global universal life insurance market growth projected to $132.3B by 2033, highlighting regulatory trends, AI-driven underwriting, and digital transformation shaping the industry.

Venerable Strengthens Variable Annuity Flow Reinsurance Leadership

Venerable appoints Alexandra Findleton as head of flow reinsurance, expanding its role in variable annuity flow reinsurance through strategic deals with Corebridge and SunAmerica, boosting assets under management.

Texas Funeral Home Chairman Indicted for Fraudulent Life Insurance Practices

Rosewood Funeral Home chairman indicted for allegedly pressuring senior into unauthorized life insurance policy and misappropriating prepaid funeral funds.

Swiss Re Updates Underwriting Guidelines to Expand HIV Insurance Coverage

Swiss Re revises underwriting manual and introduces AI tool to improve HIV risk assessment, enhancing life insurance access for people living with HIV.

Venerable Appoints Alexandra Findleton Head of Flow Reinsurance to Boost Growth

Venerable names Alexandra Findleton Head of Flow Reinsurance, expanding its variable annuity reinsurance operations and growth strategy in the U.S. market.