Insurance
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Shipping insurance rates soar on Red Sea missile attacks
ATTACKS by Yemen’s Huthi rebels on commercial ships in the Red Sea have sent insurance premiums surging, exacerbating costs already stretched by soaring freight rates and longer alternative trade routes.…
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Shipping Insurance Rates Soar On Red Sea Missile Attacks
Attacks by Yemen’s Huthi rebels on commercial ships in the Red Sea have sent insurance premiums surging, exacerbating costs already stretched by soaring freight rates and longer alternative trade routes.…
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Zurich Insurance announces US$1.25 billion buyback after record profit
ZURICH Insurance posted a better than expected annual operating profit on Thursday (Feb 22) and announced a share buyback of up to US$1.25 billion, as insurers ride out the impact…
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Sun Life Financial beats estimates on Asia growth, insurance sales
SUN Life Financial beat analyst estimates for fourth-quarter profit, boosted by momentum in its Asia business and strong sales of individual and group insurance policies. The Toronto-based insurer and asset…
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Global Insurance Shake-Up: 75% Set For Digital Overhaul By 2025, London Brokers Lead
In a huge industry movement, 75% of insurance organizations around the world are planning to replace their core insurance management platforms by 2025, according to a comprehensive global report commissioned…
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Fortune Or Fiction: Adam Niman Reveals Insights Into Insurance And Infinite Banking Misconceptions
After the near collapse of the American economy during the 1970s, there were high hopes that the next decade would be a time for prosperity. Unfortunately, the 1980s marked a…
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Minnesota Doctor Who Worked as Poison Control Specialist Accused of Fatally Poisoning Wife Over Infidelity, Life Insurance Payout
A Minnesota doctor who once worked for poison control was arrested Friday and charged with second-degree murder, accused of poisoning his wife, who died in August. Dr. Connor Bowman, 30,…
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FTX Insurance Number Was Fake, Balance Produced By Random Number Generator: Gary Wang
KEY POINTS The fraud trial of Sam Bankman-Fried started last week Gary Wang took the stand last Thursday “For one, there is no FTT in the insurance fund,” he told…
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China Life Insurance Ex-Chairman Wang Bin Gets Death Sentence as Beijing Tightens War on Corruption
Former China Life Insurance chairman Wang Bin has been imprisoned, as part of Beijing’s ongoing campaign to combat improprieties in the financial sector. According to reports based on the court’s…
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Farmers Insurance To Lay Off 2,400 Workers For ‘A Future Of Long-Term Profitability And Growth’
California-based Farmers Insurance has announced that it will lay off 2,400 employees or 11% of its workforce. The move is in an effort to “better position itself for a future…
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Dentist Gets Life in Prison for Killing Wife on African Safari, Staging Scene to Make it Look Like an Accident to Collect Millions in Life Insurance
Lawrence Rudolph, a wealthy dentist and big game hunter who was convicted of murdering his wife Bianca Rudolph while on a 2016 hunting trip in Africa, was sentenced to life…
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Arizona Woman Caught on Camera Poisoning Husband’s Coffee with Bleach to Claim Life Insurance Benefits
An Arizona woman is accused of using bleach to poison the coffee of her estranged husband, a member of the Air Force, over several months, according to court documents. Melody…
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France Riot Damage Racks Up $700 Mn Insurance Bill: Industry Body
The riots marked France’s most intense urban violence in nearly two decades AFP Damage from riots sparked by the police killing of a teenager in France has resulted in a…
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Kouri Richins: Utah Woman Accused of Killing Husband was Allegedly Having an Affair, Changed Beneficiary of His Life Insurance Policy to Herself
The spokesperson for the family of Eric Richins, a Utah man allegedly killed by his wife last year, said the victim had reason to suspect that his wife was involved…
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South African Catastrophes, Power Woes Signal End Of Cheap Insurance
Dressmaker Faieza Caswell from Mitchells Plain sews under candlelight in her workplace, on the Cape Flats due to South Africa’s struggling power utility company Eskom, implementing regular power cuts –…
