AM Best has maintained its stable outlook on China’ s non-life insurance segment, citing sustained premium growth supported by new energy vehicles, health reforms and emerging product developments, as well as supportive regulatory policies and initiatives to foster market development. The Best’ s Market Segment Report,“ Market Segment Outlook: China…
Axonic Insurance, a global annuity and insurance platform, today announced a $210 million preferred equity investment led by LuminArx Capital Management, a global capital solutions provider, with participation from Deutsche Bank. Axonic Insurance is an innovative insurance platform that designs, distributes, issues, and manages annuity and related…
AM Best has maintained its stable outlook on Taiwan’ s non-life insurance segment, noting that premium growth prospects remain robust and are supported by steady economic conditions and strong insurance demand. Also underpinning the stable outlook, as detailed in the Best’ s Market Segment Report,“ Market Segment Outlook: Taiwan Non-Life Insurance”, are…
Prudential Financial, Inc. today reported third quarter results. Net income attributable to Prudential Financial, Inc. was $1.431 billion for the third quarter of 2025, compared to net income of $448 million for the third quarter of 2024. The Company’ s ongoing operations include PGIM, U.S. Businesses, International Businesses, and Corporate& Other.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of Town& Country Life Insurance Company. The outlook of these Credit Ratings is stable. Concurrently, AM Best has withdrawn the ratings as the company has requested to no longer participate in AM Best’ s interactive rating process.
Pacific Life will invest $12.3 million to open a Charlotte and promises to create several hundred jobs, Gov. Pacific Life will occupy three floors at 68,000 square feet at the Queensbridge Collective at 1111 S. Tryon St. Full occupancy is expected in 2028, Stein’ s office said. Queensbridge Collective is a $700 million mixed-use development featuring 42 stories…
SBLI is pleased to announce a new application and submission process for its OmniTrak and EasyTrak term life insurance products that addresses consumer demand for more immediate and convenient purchasing experiences. SBLI brought its EasyTrak Term to financial professionals earlier this year, providing a modern, seamless purchasing experience that…
Symetra Life Insurance Company announced that Fortune ® magazine and Great Place to Work ®, the global authority on workplace culture, have recognized Symetra on the 2025 Fortune Best Workplaces for Women™ List. To determine the Best Workplaces for Women, Great Place To Work analyzed the survey responses of nearly 605,000 women who work for Great Place To…
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aa+” of Massachusetts Mutual Life Insurance Company and its life/health subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company. Concurrently, AM Best has affirmed the Long-Term Issue Credit Ratings of“ aa-” on the surplus notes of…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Commonwealth Annuity and Life Insurance Company, First Allmerica Financial Life Insurance Company, Forethought Life Insurance Company, Accordia Life and Annuity Company, and its affiliates, Global Atlantic Re Limited and Global Atlantic Assurance…
AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B++ and the Long-Term ICR of“ bbb+” of CICA Life Insurance Company of America. The outlook of the FSR is stable. Liquidity is enhanced by a $10 million of Federal Home Loan Bank lending capacity and $20 million in a bank line of…
Advisor360°™, a leading provider of integrated technology for wealth management firms, is pleased to announce that U.S. life insurance provider and registered broker-dealer Allstate Financial Services, LLC has selected Advisor360° as the provider of its new, AI-driven wealth management technology platform. With Advisor360°, personal financial…
While Social Security is an important source of income in retirement, most Americans lack basic knowledge of the program and could risk misusing the benefit, according to the 2025 Annual Retirement Study* from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America. The majority of Americans admit they don’ t know…
Securian Financial is adding new reproductive health benefits to its group critical illness insurance product, part of its growing suite of supplemental health insurance available through workplace benefit packages. The enhancements bring modern, inclusive support to employees navigating some of life’ s most personal journeys. “Reproductive health is…
Insurers are bracing for another year of uncertainty, with inflation once again cited as one of the top macroeconomic risks, according to BlackRock’ s 14th annual Global Insurance Report. The report surveyed 463 senior investment professionals across 33 markets— representing $23 trillion in assets under management— shows a sector adapting with caution but…
A public comment period ended on Thursday, with insurance regulators no closer to a final decision on a controversial proposal to limit the publication of risk-based capital [RBC] data.
Indexed universal life insurance has continued to generate interest over the last decade as consumers seek principal protection and investment-linked growth potential in an uncertain equity market environment.
Insurance companies are being challenged by climate change, artificial intelligence and many other pressues, Deloitte finds in its 2026 Global Insurance Outlook.
Is public credit now the “alternative” asset class that warrants more focus?
Humana Inc. and USAA Life Insurance Company today reaffirm their shared commitment to veterans’ well-being with the continuation of co-branded Medicare Advantage plans for 2026– with new mental health benefits to help elevate behavioral health as a cornerstone of aging with dignity and strength. In 2026, all Humana USAA Honor Giveback plans include a Part…
