India: LIC plans to acquire health insurance business

Published on August 1, 2024
Insurance giant Life Insurance Corporation (LIC) is looking to acquire a majority stake in a health insurance company during the current financial year ending 31 March 2025, LIC managing director and
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Joe Boren to chair Mosaic Insurance’s new advisory board

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Corebridge Financial sees $353m net income in Q2 2024

August 1, 2024
Corebridge Financial, an American multinational financial services company, reported a net income of $365 million for the second quarter of 2024, down from $771 million in the same quarter last year.The firm attributed this change primarily to higher net realised losses stemming from asset optimisation activities.The company also reported an adjusted pre-tax operating income (APTOI) of $859 millio