Browsing: finance

A summary of significant developments and trends in the Chinese insurance market during the week.

The City of Topeka will no longer carry vehicle insurance and will instead self-insure its fleet, aiming to save a significant amount of money annually. City officials explain the decision and its implications.

An examination of Paul Atkins’ extensive life insurance holdings and the potential motivations behind them.

President Trump’s nominee for SEC chair, Paul Atkins, and his wife have an extraordinary number of life insurance policies. This raises questions about financial strategies and potential conflicts.

The Baldwin Group has finalized a note purchase agreement to raise $110 million in surplus financing, a key step toward launching their new reciprocal insurance exchange, Builder Reciprocal Insurance Exchange (BRIE).

India’s largest insurer, Life Insurance Corporation of India (LIC), is considering acquiring a stake in a health insurance company before the end of March, according to CEO Siddhartha Mohanty.

Elo Mutual Pension Insurance Co. decreased its holdings in International Business Machines (IBM) during the fourth quarter, according to a recent filing with the Securities & Exchange Commission.

The Ardonagh Group reported significant financial growth, driven by strategic investments and expansion efforts, including the acquisition of PSC Insurance Group and expansion into new markets.

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.

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