Browsing: Life Insurance

Key developments regarding insurer investments from the NAIC’s Spring National Meeting, including updates on risk-based capital, reporting, and valuation.

China Life Insurance Co. Ltd. (CILJF) announced impressive financial results for 2024, showcasing significant growth in key areas. The company’s performance highlights its strong position within the Chinese insurance market.

A wife was stunned to learn her husband designated their two-year-old child as the sole beneficiary of his life insurance policy, prompting legal and emotional questions.

A Utah nurse is facing aggravated murder charges, including the possibility of the death penalty, after being accused of killing her roommate with insulin for a $1.5 million life insurance payout.

The Financial Services Commission (FSC) is conducting a thorough review of Woori Financial’s acquisition plans following a loan scandal and concerns about internal controls, as Chairman Yim Jong-yong offers a public apology.

A new report from Taiwan Ratings Corporation, a subsidiary of S&P Global Ratings, indicates the life insurance sector in Taiwan will likely experience continued volatility in 2025.

The Tax Court ruled that life insurance proceeds were not includible in a decedent’s estate, dismissing the IRS’s application of the step-transaction doctrine.

A new bill proposed in the Illinois State House seeks to prevent life insurance companies from discriminating against individuals with criminal records.

A recent case highlighted the potential complications of naming a minor as the primary beneficiary of a life insurance policy. Learn about the legal hurdles and alternative strategies.

Coventry Direct, a major player in the life settlement market, has accused Lapetus Solutions Inc. of providing inaccurate life expectancy estimates that could inflate policy values and endanger investors.