All life insurance articles
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NewsUS insurers have $1.16 billion in assets exposed to bank collapses
The failures of Silicon Valley Bank, Silvergate and Signature Bank present near-term challenges, which insurers should absorb - Fitch
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NewsLudlow Re kickstarts ‘Class of 2022’ start ups
Cayman-based Ludlow Re has been launched by Hildene Capital and has seed capital of $1 billion
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NewsOcean Re expands into Europe with Oceva Risk acquisition
Ocean Re is also looking to acquire or launch an insurance/reinsurance business in Europe and the UK
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NewsBloomberg: Allianz SE working to offload a large block of U.S. life portfolio
Allianz SE is working to offload a large block of U.S. life insurance policies in a move that could free up several billion dollars in capital, people with knowledge of the matter said. Europe’s largest insurer is discussing a potential reinsurance deal for a portfolio with tens of billions ...
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NewsInsurer AIG pays $12 million fine in NY pension transfer probe
The settlement is the second in a probe by the New York State Department of Financial Services (NYDFS) into an industry in which life insurers take over corporate pension plans.
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NewsSCOR to provide life insurance products for people with chronic conditions through new partnership with Bayer and One Drop
This joint effort between SCOR, Bayer and One Drop aims to empower people to proactively manage their health through innovative products and to reduce the risk of life-threatening complications from medical conditions.
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NewsCommission cuts are too hard to absorb for UAE’s insurance brokers
This might be good for the insured person and beneficiaries, but could force most brokers to go out of business.
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NewsMonument Re Acquires LCL International Life Assurance Company and Isle of Man Operations From Charles Taylor Group
Monument Re announced today that, subject to regulatory approval, it has agreed to acquire Charles Taylor Group’s Isle of Man operations, which principally comprises its life insurance company, LCL International Life Assurance Company Limited and Charles Taylor Holdings (IOM) Limited. Financial terms of the transaction were not disclosed.
