Bank-owned life insurance hit $120.4 billion in assets in 2007, up 15.9% from the previous year, according to Michael White Associates LLC. MAY 12, 2008 ...

The bank is aiming for listing of one of its subsidiaries in the current quarter and another in the next quarter, depending ...

State-owned Canara Bank plans to sell its excess priority sector loans in the ongoing quarter to compensate for the stress on ...

Canara Bank witnessed a 22% surge in net profit during Q1 of the current financial year, reaching Rs 4,752 crore. The profit ...

According to Trepp and its LifeComps Index, participants have seen a total return of 0.68% in the second quarter of 2024. That includes 1.17% of income return reduced by -0.49% of appreciation return.

Cash value life insurance is one of the most important assets of a bank, particularly America’s large banks. Banks purchase so much cash value life insurance that life insurance of this type has ...

Total assets increased by $37 million during the year. ... Earnings on cash value of bank-owned life insurance for 4Q24 were $541,000, compared to $100,000 for 4Q23.

India's Axis Bank acquired additional equity shares of Max Life Insurance Company, a unit of Max Financial Services , for 3.36 billion rupees ($4.32 million), the private lender said on Wednesday.