Life Insurer News Monitoring

Private life insurers' new premium income grows 8 pc in FY21

Contrary to expectations, private sector life insurers logged in a stellar 40 per cent new premium growth in the fourth quarter of FY21, driven by a still higher 90 per cent growth in March, according to an industry analysis. The better-than-expected Q4 …

Premium income of life insurers up 5.9% at P248 B

Changes in spending habits amid the community lockdowns last year have boosted the premium income of life insurance companies, the government regulator said on Tuesday (April 20). In a statement, Insurance Commissioner Dennis B. Funa said that life …

Long-term investor life insurers raised stakes in 8 stocks by up to 14% in Q4

NEW DELHI: Insurance companies lapped up shares of at least eight BSE500 companies during the January-March quarter and increased holdings by between 200 basis points and as high as 14 per cent. Five of the eight stocks managed to beat the flat returns on …

India's top life insurers - LIC, ICICI, HDFC, SBI - are set to invest in InvITs, REITS

Top life insurance companies, including LIC of India, Life, HDFC Life and Life, are set to invest in the bonds issued by Infrastructure Investment Trusts (InVIT), providing much-need long term funding to the capital-starved sector that lends further to …

Life insurers see over 70% year-on-year growth in NBS in March

The 24 life insurers in the country have largely seen impressive growth in new business premium (NBP) in March and ended the financial year on a high, defying expectations of many who were under the impression that the life sector may see a de-growth in …

Sun Life remains leading life insurer

Sun Life of Canada (Philippines), Inc. retained the number one spot as the country’s top life insurance company, marking its 10th straight year of industry leadership. Based on the latest report from the Insurance Commission, Sun Life Philippines posted a …

Nurse crashed car into moped rider while answering emails during heavy rain

A hospital nurse whose car crashed into a moped ahead of her had been looking at her mobile phone and answering emails while driving in heavy rain, a court heard. Aviva had asked her to sign an authorisation document allowing the life insurer to access her …

Private life insurers' new premium income grows 8% in FY21

Pvt life insurers' new premium income grows 8% in FY21

CAR drops but experts remain calm

The insurance industry's capital adequacy ratio (CAR) fell to just above 250% from about 300% before the pandemic, however, industry experts still believe the situation is under control as many firms were able to accumulate capital during the previous …

What is insurance bonus

Two neighbours’ daily routine of watering plants leads to an interesting conversation. Sindu: This mint family plant took only about three weeks to grow and it smells good. Bindu: That is a sage plant. Not only is it aromatic, but it has medicinal …

3 UK dividend stocks yielding 6%+ to buy now

Last week, I wrote about a FTSE 100 dividend share with an 8% yield that I’d buy now. In this piece, I want to look at three more high-yielding UK dividend stocks. All three companies are expected to deliver a cash return of at least 6% this year. They’re …

Non-life insurers log 5% rise in gross direct premium collection

Max Group sells 13% stake in life insurer Max Life to Axis Bank

After long wait, Max Group sells 13% stake in life insurer Max Life to Axis Bank

Life insurers shell out Rs 2,000 crore as Covid-19 death claims, shows data

Life insurers, 24 in total, have spent crores on Covid-19 death claims, which are over and above the normal death claims they receive every year. As of March 25, life insurers have paid Rs 1,986 crore towards 25,500 Covid death claims, according to data …

Intact Financial To Sell Codan DK To Alm. Brand A/S Group For 12.6 Bln Danish Krone - Quick Facts

Intact Financial Corp. (IFC.TO) announced Friday that Scandi JV Co 2 A/S, which is co-owned by Intact and Tryg A/S following the acquisition of London-based RSA Insurance Group plc, has entered into a definitive agreement to sell Codan Forsikring A …

Can Warren Buffett's favourite sector deliver D-Street’s biggest compounder this decade?

NEW DELHI: Does Insurance stand today where HDFC Bank was 20 years ago? That's the question running in the minds of several long-term investors in India, who are hunting for stocks that can compound steadily over the next few years. After all, even …

Life insurers extend 3-month deferment premium

PETALING JAYA: All life insurance companies and family takaful operators have extended the three-month deferment premium/contribution payment initiative for policy/certificate holders who are financially affected by the pandemic to June 30, 2021, …

The Australian Finance Revolution - Helping Australians Navigate the World of Finance & Property

The Australian Finance Revolution platform helps Australians find, review and connect with professionals within the Australian finance and property ecosystem. SYDNEY, NSW, AUSTRALIA, June 19, 2021 /⁨EINPresswire.com⁩/ -- Launched in March 2021, …

AM Best upgrades Southern Mutual Church Insurance Company

AM Best, the world’s oldest insurance rating source, has upgraded Southern Mutual Church Insurance Company to A (Excellent) with a Stable Outlook. RICHMOND, VIRGINIA, UNITED STATES, June 18, 2021 /⁨EINPresswire.com⁩/ -- AM Best, the world’s oldest …

AM Best upgrades Southern Mutual Church Insurance Company

AM Best, the world’s oldest insurance rating source, has upgraded Southern Mutual Church Insurance Company to A (Excellent) with a Stable Outlook. RALEIGH, NC, UNITED STATES, June 18, 2021 /⁨EINPresswire.com⁩/ -- AM Best, the world’s oldest and …

AM Best upgrades Southern Mutual Church Insurance Company

AM Best, the world’s oldest insurance rating source, has upgraded Southern Mutual Church Insurance Company to A (Excellent) with a Stable Outlook. ATLANTA, GEORGIA, UNITED STATES, June 18, 2021 /⁨EINPresswire.com⁩/ -- AM Best, the world’s oldest …

AM Best upgrades Southern Mutual Church Insurance Company

AM Best, the world’s oldest insurance rating source, has upgraded Southern Mutual Church Insurance Company to A (Excellent) with a Stable Outlook. KNOXVILLE, TENNESSEE, UNITED STATES, June 18, 2021 /⁨EINPresswire.com⁩/ -- AM Best, the world’s …

AM Best upgrades Southern Mutual Church Insurance Company

AM Best, the world’s oldest insurance rating source, has upgraded Southern Mutual Church Insurance Company to A (Excellent) with a Stable Outlook. LEXINGTON, KENTUCKY, UNITED STATES, June 18, 2021 /⁨EINPresswire.com⁩/ -- AM Best, the world’s …

AM Best upgrades Southern Mutual Church Insurance Company

AM Best, the world’s oldest insurance rating source, has upgraded Southern Mutual Church Insurance Company to A (Excellent) with a Stable Outlook. COLUMBIA, SC, UNITED STATES, June 18, 2021 /⁨EINPresswire.com⁩/ -- AM Best, the world’s oldest and …

We Insure Inc. Partners With RE/MAX Around Atlanta to Open Atlanta Franchise

JACKSONVILLE, FL, USA, June 18, 2021 /⁨EINPresswire.com⁩/ -- RE/MAX Around Atlanta has entered into a partnership with We Insure Inc. to provide insurance services to its clients from its four Atlanta-area locations in Buckhead, Sandy Springs, …

Tebbs Brothers Introduces 2021 Options from ‘the Cincinnati Insurance Companies’ for Life-Home-Auto in Lindon Utah

Voted ‘Best of State’ Auto, Home, Life and Business Insurance Provider since 1982, Tebbs Brothers delivers quality solutions in Utah and the surrounding states. WEST VALLEY CITY, UTAH, UNITED STATES, June 18, 2021 /⁨EINPresswire.com⁩/ -- Tebbs …

InsureTech Connect to be Powered by Bold Penguin

Bold Penguin is proud to announce that it is the presenting sponsor for InsureTech Connect, the insurance industry’s leading technology conference. COLUMBUS, OH, USA, June 17, 2021 /⁨EINPresswire.com⁩/ -- Bold Penguin is proud to announce that it …

Drivers Can Find a Used-Car Warranty with an autopom! Powertrain Plus Plan

autopom!’s Powertrain Plus plans are ideal for drivers of older, higher mileage vehicles. LAKE FOREST, CA, UNITED STATES, June 17, 2021 /⁨EINPresswire.com⁩/ -- Drivers with a 14-year-old vehicle or newer that have an expired manufacturer’s …

Wela Group LLC Announces CE Certification (Conformité Européenne) for AVAST™

HUNTINGTON, NY, USA, June 17, 2021 /⁨EINPresswire.com⁩/ -- Wela Group [1] , a New York based technology development company, achieves CE marking [2] for AVAST™; its successful Covid-19 anti-viral ultra-sonic decontamination product. AVAST™ …

FlexCare Infusion Centers Debuts Tulsa Specialty Infusion Center

The new location offers convenience, privacy, and enhanced treatment for the patient. TULSA, OKLAHOMA, UNITED STATES, June 17, 2021 /⁨EINPresswire.com⁩/ -- FlexCare Infusion Centers will host an open house on Thursday, June 17, from 4 – 6 p.m. …

Alternative Risk Strategies Launches Captive Insurance Solution for the Cannabis/Hemp/CBD Industry

BOCA RATON, FLORIDA, UNITED STATES, June 16, 2021 /⁨EINPresswire.com⁩/ -- Alternative Risk Strategies (ARS) today announced a new insurance solution for the cannabis industry that is specifically designed to meet the most difficult insurance …

Court Certifies Class of Plaintiffs in Class-Action Litigation Against Aetna

California insurance law firm Gianelli & Morris wins motion for class certification in case against Aetna for systemic denial of lumbar disc replacement surgery LOS ANGELES, CALIFORNIA, UNITED STATES, June 16, 2021 /⁨EINPresswire.com⁩/ -- On …

Sikka Insights First To Launch Oral Health-Based Life Insurance Risk Indicators

With the need for increased speed in underwriting, often in the absence of a paramed exam, Sikka's indicator suite "meets the moment" for a post-pandemic world. SANTA CLARA, CA, USA, June 16, 2021 /⁨EINPresswire.com⁩/ -- Sikka.ai, …

Health Care Transformation Task Force Releases CMS Innovation Center Payment Model Tracker

WASHINGTON, D.C., UNITED STATES, June 16, 2021 /⁨EINPresswire.com⁩/ -- The Health Care Transformation Task Force (HCTTF or Task Force), a group of leading health care payers, providers, purchasers and patient advocacy organizations developed a …

ClaimLogiq Announces First 15-Minute Itemized Bill Review

Advancement of In-House Proprietary Technology Reduces End-to-End Complex Hospital Bill Reviews Down to Mere Minutes CHARLESTON, SOUTH CAROLINA, UNITED STATES, June 16, 2021 /⁨EINPresswire.com⁩/ -- ClaimLogiq, a leading independently owned …

NGDATA Joins Growing Ecosystem of Partners Supporting the IBM Cloud for Financial Services

NGDATA Uses IBM Cloud for Financial Services to Help Customers Accelerate Transactions with Financial Institutions in a Highly-Secured Environment  NEW YORK CITY, NEW YORK, USA, June 16, 2021 /⁨EINPresswire.com⁩/ -- NGDATA, a customer data …

The CRM and Selling System Interrupter

Sales Control Plan Management take Sales Management and Training to a Whole New Level TORONTO, ONTARIO, CANADA, June 16, 2021 /⁨EINPresswire.com⁩/ -- Many sales managers and sales directors are searching for ways to make the best of every …