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August 12, 2024
Image includes the Lincoln logo and a courtroom scene.
Lincoln Life & Annuity prevailed in a court case over premium paid up early.

Appeals court: Lincoln can keep premium paid early by late policyholder

A federal appeals court ruled Thursday that Lincoln does not have to return a pro-rated share of annual life insurance premium fully paid before the policyholder’s death.

August 12, 2024
Illustration of a transparent electric vehicle with all the wiring and electronics visible. Electric-vehicles---The-rising-risk-for-insurers.

Electric vehicles: The rising risk for insurers

Electric vehicle sales are on the rise but EVs have their own set of risks that insurers must take into account.

August 9, 2024
Image shows the Athene logo
Athene remains king of the hill when it comes to annuity sales.

Athene execs seek to reassure Wall Street after profit decline

Not even industry leading annuity sales data kept Athene from lagging earnings in the second quarter.

August 9, 2024
Image of Jackson Financial logo against a swirling background of abstract financial graphs and a silhouette of a business district.

Jackson Financial reports strong Q2 earnings, despite hedging hits

Jackson Financial’s Q2 earnings show strong results despite a significant drop in net income due to unfavorable hedging results.

August 8, 2024
Image shows the Brighthouse logo
Brighthouse executives are concerned by a drop in its RBC ratio.

Brighthouse execs blunt about ‘disappointing’ Q2 capital numbers

Brighthouse Financial CEO Eric Steigerwalt opted for unusual candor while unpacking second-quarter results with Wall Street analysts Thursday morning.

August 8, 2024
Image shows the Brookfield logo.
Brookfield took control of American Equity during the second quarter.

Brookfield Asset Management crosses $1 trillion in AUM in big Q2

Brookfield Asset Management hit the big $1 trillion mark in assets under management during the second quarter as the firm continues to expand.

August 7, 2024
Image shows the words "Accelerated Underwriting"
An NAIC working group completed an accelerated underwriting guidance five years after it was created to do so.

NAIC working group adopts long-awaited accelerated underwriting guidance

It took years for a regulator group to finalize an accelerated underwriting guidance that was adopted in five minutes Tuesday with no comments.

August 7, 2024

Insurers in the crosshairs over AI

What New York State’s final insurance circular Letter on consumer data and AI-infused insurance underwriting and pricing tells insurers.

August 6, 2024
California state seal overlays an image of classroom where personal financial education is being taught. Calif-law-requires-high-schoolers-to-take-personal-finance-class.

Calif. signs law requiring high school finance education class

A new California law requires high-school students to take a personal finance education course to graduate.

August 6, 2024
Image shows the Dellwood Insurance logo
AIG is suing Dellwood founders for alleged inappropriate use of company information.

Dellwood executives urge court to reject AIG’s ‘Hotel California theory’ in breakup suit

A trio of former American International Group executives are asking a New Jersey court to dismiss a lawsuit brought by the insurance giant alleging misappropriation of confidential information.

August 6, 2024

US deficits are unlikely to detract from fixed income’s appeal

U.S. deficits loom, and while that is a long-term consideration, we do not expect it to discourage insurers from adding to their fixed income exposure in the near-term.

August 5, 2024
LIMRA Life Insurance Awareness Month graphic, showing various values of life insurance.

LIMRA launches resources for Life Insurance Awareness Month

LIMRA’s Life Insurance Awareness Month page includes resources to engage and educate consumers.

A pair of North Carolina residents charged with insurance fraud

August 5, 2024

North Carolina Insurance Commissioner Mike Causey announced the arrests of Allen Ray Gowans and Natasha Die’t Jones as result of…

August 5, 2024

Is continuing illiquidity in the life/annuity portfolio a cause for concern?

Conning sees life/annuity insurers continue to reach for yield through illiquid assets, such as mortgages and private placements.

August 5, 2024
Prudential logo along with the words "Q2 Results" over a graphic showing financial fever charts. Prudential-earnings-q2-24.

Prudential rides strong FlexGuard sales to second-quarter earnings win

Prudential turned a big corner in the second quarter with robust sales of its FlexGuard flagship annuity boosting revenues.

August 2, 2024
Image shows the AIG logo and the words, "Q2 Results."
AIG is adapting to life without its Life & Retirement unit.

AIG takes Q2 hit from loss of life, retirement revenues

American International Group reported a nearly $4 billion net income loss during its first quarter without its life and retirement division.

August 2, 2024
Allstate logo against a graphic showing financial graphs. allstate-Q2-earnings-results.

Allstate reports significant turnaround in Q2 from prior year quarter

Allstate delivered strong operational execution in Q2 2024, resulting in a significant turnaround from a net loss in the prior year quarter.

August 2, 2024
Image shows the Apollo Global Management logo and the words "Q2 Results."
Athene continues to boost Apollo earnings.

Athene earnings come up short in Q2 despite monster annuity sales

Athene Life & Annuity came up short on earnings during the second quarter despite dominating the industry in annuity sales.

August 2, 2024

Key trends shaping the life insurance industry in 2024

Artificial intelligence is transforming the customer experience.

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