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Insurance Business

National insurance news for USA insurance professionals. Read American insurance news, analysis, and interviews with leaders in the US insurance industry.

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News

Insurance Business
insurancebusinessmag.com > asia > news > life-insurance > south-korea-slashes-tongyang-life-data-penalty-after-regulatory-rethink-589363.aspx

South Korea slashes Tongyang Life data penalty after regulatory rethink

3+ day, 14+ hour ago   (663+ words) South Korea’s top financial regulator has reduced a proposed 140 billion won penalty against Tongyang Life Insurance to 7 billion won, following a legal reinterpretation of how the insurer shared customer data with its own sales arm. The decision sits within a…...

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insurancebusinessmag.com > nz > news > life-insurance > fitch-flags-upgrade-as-asteron-prepares-to-become-acenda-life-585012.aspx

Fitch flags upgrade as Asteron prepares to become Acenda Life

1+ mon, 1+ week ago   (651+ words) Insurance Business Fitch flags upgrade as Asteron prepares to become Acenda Life For brokers, the rating action signals something larger than a name change The insurer that advisers across New Zealand currently place a significant portion of personal risk business…...

Insurance Business
insurancebusinessmag.com > nz > news > life-insurance > aia-nz-claims-fall-back-as-new-disclosure-rules-loom-584680.aspx

AIA NZ claims fall back as new disclosure rules loom

1+ mon, 1+ week ago   (616+ words) Insurance Business AIA NZ claims fall back as new disclosure rules loom What sits behind the 9% of claims not paid – and why it is about to change AIA New Zealand paid $790.3 million in claims in the year ended December 31, 2025, down…...

Insurance Business
insurancebusinessmag.com > asia > news > breaking-news > cambodias-insurance-sector-signals-shift-away-from-rapid-expansion-583502.aspx

Cambodia’s insurance sector signals shift away from rapid expansion

1+ mon, 3+ week ago   (610+ words) Insurance Business Cambodia’s insurance sector signals shift away from rapid expansion General and life lines are diverging – and the gap tells a story Cambodia’s insurance sector posted gross premiums of approximately $367 million in 2025, a 2.8% increase year-on-year, according to the Insurance…...

Insurance Business
insurancebusinessmag.com > us > news > breaking-news > crc-benefits-adds-forrest-breeding-as-ancillary-sales-executive-in-denver-583017.aspx

CRC Benefits adds Forrest Breeding as ancillary sales executive in Denver

1+ mon, 3+ week ago   (474+ words) CRC Benefits, a division of CRC Group and one of the nation's leading general agencies, has added Forrest Breeding (pictured) as benefits sales executive, ancillary, based in Denver, Colorado. In the role, Breeding will partner with brokers and their clients…...

Insurance Business
insurancebusinessmag.com > ca > news > life-insurance > buyers-are-walking-away-from-life-insurance-that-offers-nothing-until-death-582491.aspx

Buyers are walking away from life insurance that offers nothing until death

1+ mon, 4+ week ago   (659+ words) Younger buyers don't want to fund a benefit that only pays out when they die, and that resistance is pushing life insurers to rework a product built around death into one that delivers value while policyholders are still alive, according…...

Insurance Business
insurancebusinessmag.com > us > news > life-insurance > privatelyowned-insurers-now-hold-nearly-20-of-us-life-industry-assets--alirt-581927.aspx

Privately-owned insurers now hold nearly 20% of US life industry assets – ALIRT

2+ mon, 4+ day ago   (578+ words) A new report from ALIRT Insurance Research traced how privately-owned insurers have reshaped the US life insurance industry since the 2008/2009 financial crisis, with asset managers, investment funds and private investor groups now central to the life and annuity business. ALIRT…...

Insurance Business
insurancebusinessmag.com > reinsurance > news > breaking-news > ai-boom-and-supply-shocks-reshape-insurance-outlook-swiss-re-sigma-581833.aspx

AI boom and supply shocks reshape insurance outlook: Swiss Re sigma

2+ mon, 5+ day ago   (526+ words) Insurance Business AI boom and supply shocks reshape insurance outlook: Swiss Re sigma Non-life premium growth is forecast at 0.6% in 2026 as ROE begins a multi-year decline from a 14% peak The Middle East conflict has become the fourth major global supply…...