The Prudential Regulation Authority (PRA) has proposed new regulations requiring large British life insurers to report their liquidity positions daily during market crises. This move comes in response to the information gaps identified during financial turmoil triggered by the global COVID-19
Symetra Life Insurance Co. has revealed possibly compromised customer data due to unusual activities detected on its customer portal over a six-month period. This unsettling discovery highlighted the reality of potential data breaches, prompting Symetra to notify the Massachusetts Attorney
Bandhan Life Insurance has made a decisive move to bolster its presence in the life insurance sector by entering into a strategic partnership with Bandhan Bank. Leveraging Bandhan Bank's extensive network of branches, this collaboration aims to significantly enhance the distribution of life
Ledger Investing has launched a groundbreaking initiative aimed at revolutionizing the insurance and reinsurance markets. Leveraging Insurance Linked Securities (ILS), the company seeks to bridge the gap between insurance risks and capital, offering innovative solutions for capital management. The
Personal Group Holdings has reported remarkable financial performance for the first half of 2024, showcasing significant growth in revenue and profit driven by market opportunities and strategic initiatives. The company witnessed a revenue increase of 14%, reaching £21 million compared to £18.4
In a move that underscores its commitment to customer wellbeing, HSBC Life (UK) Limited has announced a significant enhancement to its Value-Added Benefits (VABs) portfolio. This broadened offering now includes a range of health services designed not only for policyholders but also for their
