Taiwan: Fubon Life lessens focus on single-premium business

Published on June 27, 2023
Fubon Life Insurance has been reducing single-premium policies and will focus on higher protection, foreign currency, retirement and investment-linked products in light of challenges from the
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India: Cash-rich life insurers buy more zero-coupon bonds

June 27, 2023
Life insurers are snapping up more and more zero-coupon bonds to better match their assets and liabilities, and customise cash flows, Bloomberg has reported.

Fla. ‘Anti-Technical’ Statute Bars Insurer from Denying Claim for Yacht Sunk by Irma

June 27, 2023
Travelers must pay a $2 million claim by the owner of a 92-foot-long yacht that was sunk by Hurricane Irma because Florida law does not allow insurers to deny claims based on inconsequential technicalities. A panel of the 11th Circuit …