26North Re acquires Independent Life Insurance Group
26North Re is acquiring Independent Life Insurance Group, marking its entry into the US insurance market and establishing its first onshore platform in the country.
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26North Re is acquiring Independent Life Insurance Group, marking its entry into the US insurance market and establishing its first onshore platform in the country.
This commentary argues that Peter Zaffino's tenure as CEO of AIG was a dramatic turnaround success, rescuing the insurer from regulatory and financial troubles, though it acknowledges that his leadership left some bruises. The piece suggests that the new CEO, Eric Andersen, inherits a strong company but faces the challenge of following a transformative leader.
Canadian life insurers are adding ancillary services like medical screening, health rewards, and grief counselling to make life insurance more relevant to younger consumers. Manulife expanded its Vitality platform in November 2025 to include Cronometer, NiaHealth, and GRAIL's Galleri multi-cancer early detection test. Policyholders can save up to 15% on premiums based on engagement.