New York Life Insurance names new CEO (Insurance Business Review)
New York Life Insurance Company has appointed Ted Mathas as the new CEO of the company. He succeeds Sy Sternberg, New York Lifes chairman and CEO who retires after 19 years of service with the company.

UCO Bank puts non-life insurance biz on backburner (Express India)
State-run UCO Bank is putting its proposed non-life insurance business on hold, as it believes time is not appropriate for such a venture.