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Taiwan Life Insurers’ $700 Billion Bet on the US Is Backfiring

Insurance Journal

For decades, Taiwan’s life insurance companies boasted of above-average returns from their heavy investment in US bonds. Unlike insurers in other countries like Japan where diversification … That reliance is now a major risk threatening more than $700 billion of assets.

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Life Insurance 101 Presentation

PSM Brokerage

Introducing Life Insurance 101: A Turn-Key Presentation for Agents At PSM Brokerage , we know that educating clients about life insurance can sometimes be challenging. What Is Life Insurance 101? Life Insurance 101 is fully customizable! Download Your Life Insurance 101 Presentation Today!

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Insurer Aflac Investigating Possible Data Breach

Insurance Journal

Aflac on Friday disclosed a cybersecurity incident in which personal information of its customers may have been compromised, making it the latest insurance provider to be targeted. The health and life insurance firm said the attack on its U.S. network, …

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Tokio Marine Pauses Sale of $1B Southeast Asia Life Insurance Business, Sources Say

Insurance Journal

Japanese insurer Tokio Marine has paused the sale of its $1 billion Southeast Asia life insurance business, partly due to a dispute with a Malaysian partner over an expiring products distribution agreement, four sources with knowledge of the matter said.

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Do You Pay Taxes on Life Insurance Payout?

The Insurance Pro

There are so many questions about what taxes one must pay on life insurance proceeds. But one that we get a lot is, do you pay taxes on life insurance payout? Keep Reading The post Do You Pay Taxes on Life Insurance Payout? appeared first on The Insurance Pro Blog.

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Japan’s Non-Life Insurers Must Cut Cross-Shareholdings to Zero, Industry Group Says

Insurance Journal

A trade group representing Japan’s biggest non-life insurers said on Thursday that its member firms should set a clear deadline to cut their strategic holdings of listed client shares to zero. The General Insurance Association of Japan published the guideline …

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The Life Insurance Loan Process: A Step-by-Step Guide

The Insurance Pro

Life insurance loans, particularly from whole or universal life policies, offer a flexible solution for cash flow fluctuations. Interest rates vary by policy and insurer, and loan terms are generally straightforward. Interest rates vary by policy and insurer, and loan terms are generally straightforward.