Aflac saw cancer insurance sales in Japan rise more than 40 percent in the 2015 4Q, the company reported. Reinsurer RGA saw its net income fall 15 percent in the quarter.
Nationwide increases payouts on annuity riders, while MassMutual introduces two new life insurance policies. Both moves were made in an attempt to boost sales in a sluggish market.
Forced enrollment in employer savings plans is the best way to head off the looming retirement crisis, said one expert during a Senate hearing this week. Otherwise, half of all households will not be able to retire at their present standard of living.
Some factors in the trend leading “Main Street” agencies to become one-stop financial services stores.
The Department of Labor signals an intent to publish a rule by the end of April. That timeline means a new fiduciary standard will be in place long before President Barack Obama leaves office.
Sales of variable annuity B shares made up more than 75 percent of all variable annuity share sales classes in the third quarter of last year.
With new fiduciary obligations governing retirement advice and a raft of new lawsuits against 401(k) plans, many plan sponsors are wondering if they should be working with an advisor.
Insurers are better positioned to weather a volatile stock market and low interest rates than they were in 2008, analysts say. Fourth-quarter and year-end earnings’ reports due starting this week.
Short-Term Care Insurance Finding a Market
With premium increases for long-term care insurance pricing customers out of the market, many insurers are seeing a demand for short-term care insurance instead.
President Barack Obama’s budget, due Feb. 9, will include several existing and new proposals aimed at opening up savings plans to 30 million Americans.
Today’s financial landscape requires a different way of asset allocation than in the past. Here are the three buckets of asset allocation and why there should be room in those buckets for annuities and life insurance.
A volatile stock market combined with low interest rates helped make it a rough third quarter for U.S. life and annuity insurers.
What advisors said they really need is advice and guidance to help them engage with social media.
Using three philosophical arguments from the ancient Greeks can help you deliver a winning presentation.
Joseph Anthony Mele of Ventura County, Calif. was sentenced last week to 10 years behind bars after he fleeced two elderly victims of as much as $2 million.
Low interest rates have forced insurance carriers to stretch their fixed-income investments further in search of higher yields. Are they investing in questionable securities?
The need for innovation and technology was a major theme of the 2015 Retail Life Insurance and Annuity Executive Survey.
Participation in employer-sponsored retirement plans continues to climb back from the 2008 crash. Education is the key, according to the Plan Sponsor Council of America.
Your clients are probably sophisticated enough to take a down day or week in stride. But a few weeks into a market free-fall, some might be a tad ruffled.
