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News
Insurance moves: Corgi, Pan-American, Third Wave, Relm, AXA XL, Burns & Wilcox, MJ, More
3+ day, 4+ hour ago (958+ words) Corgi has named Erin Gambrel (pictured, center) vice president of financial services, tasked with driving retail investor growth and brand reach for the company's ETF lineup. Gambrel joins from Investing Authority, where she oversaw retail trading campaigns reaching more than…...
ICICI Bank: RBI Approves ICICI Prudential AMC's Up To 9.95% Stake In CSB, DCB, AU SFB
3+ day, 9+ hour ago (314+ words) ICICI Prudential AMC has secured RBI clearance to acquire up to a 9.95% stake in CSB Bank, DCB Bank, and AU Small Finance Bank. The transaction is subject to a strict one-year execution window and group holdings must remain capped under…...
Longevity and Mortality Investor Releases September 2026 Issue
3+ day, 14+ hour ago (379+ words) New issue explores life settlement awareness, pension risk transfer competition, Bermuda sidecars and private credit resilience. LONDON, UNITED KINGDOM, September 9, 2026 /EINPresswire.com/ -- Life settlement awareness, increasing competition in pension risk transfer, rapid growth in Bermuda’s life and annuity sidecar market…...
Is Your Term Life Insurance Policy Expiring? Here Are 3 Paths to Consider Next
6+ day, 19+ hour ago (1138+ words) Your guide to planning and enjoying a financially secure and richly rewarding retirement, sent three times a week. An expiring term life insurance policy is a great wake-up call to update your coverage and estate plan so they align with…...
ICICI Bank Buys Additional 2% Stake In ICICI Prudential Life For ₹1,470 Crore
1+ week, 2+ day ago (516+ words) The step is taken as a prominent financial services company attempts to enhance its footprint in the insurance industry through more ownership. The recent deal was finalized through several transactions in the last couple of weeks and has been made…...
ICICI Bank Completes Purchase Of 2% Stake In ICICI Prudential Life For ₹1,470 Crore
1+ week, 3+ day ago (183+ words) ICICI Bank has finalized the purchase of a 2% stake in ICICI Prudential Life for ₹1,470 crore through a stock exchange transaction. The move raises ICICI Bank's stake to approximately 52.8%, securing its majority control as promoter structure undergoes regulatory reclassification. The acquisition…...
ICICI Bank Increases ICICI Prudential Life Stake to 52.8%
1+ week, 3+ day ago (204+ words) ICICI Bank: Acquires 2% Stake in ICICI Prudential Life Insurance InvestyWise ICICI Bank: Acquires 2% Stake in ICICI Prudential Life Insurance ICICI Bank Limited has announced the completion of acquiring an additional 2.00% stake in its subsidiary, ICICI Prudential Life Insurance Company Limited....
Coventry???s Life Insurance-Backed Financing Reaches $1 Billion
1+ week, 4+ day ago (257+ words) FORT WASHINGTON, PA — Coventry has completed its fourth asset-backed securitization since April 2025, pushing financing through its LILY platform to $1 billion as the Fort Washington company expands institutional access to investments backed by life insurance policies. The latest transaction extends a…...
Swiss Life with higher fee result and profit from operations in first half of 2026 – reduction of around 600 positions by the end of 2028
1+ week, 5+ day ago (627+ words) Zurich, 1 September 2026 Profit from operations increased by 8% Premiums came to CHF 12.3 billion, an increase of 3% in local currency. Swiss Life further grew its fee business, generating total fee income of CHF 1.34 billion. The growth of 7% in local currency was driven…...
Malaysian Life Re stays well capitalised despite volatile earnings
1+ week, 5+ day ago (218+ words) The company posted positive results in every year from 2021 through 2025. Malaysian Life Reinsurance Group Berhad’s (Malaysian Life Re) capitalisation is expected to remain at the strongest level over the medium term, according to AM Best. Malaysian Life Re’s risk-adjusted capitalisation…...