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Net loss 1 of $1 M, and adjusted operating income 1,2 of $15 M in the fourth quarter Enact reported adjusted operating income of $137 M 1 in the fourth quarter; distributed $84 M in capital returns to Genworth Completed annual assumption updates with unfavorable impacts to adjusted operating income in LTC and Life and Annuities of $52 M U.S. life insurance…

Somerset Re has a strong history of successful deal execution over its last decade building a well-diversified book across the life and annuity space. A new business flow partnership for Fixed Index Annuities with a major U.S. insurer An inforce Corporate-Owned Life Insurance and Bank-Owned Life Insurance transaction with a U.S. life& annuity insurer A…

Net loss 1 of $1 M, and adjusted operating income 1,2 of $15 M in the fourth quarter Enact reported adjusted operating income of $137 M 1 in the fourth quarter; distributed $84 M in capital returns to Genworth Completed annual assumption updates with unfavorable impacts to adjusted operating income in LTC and Life and Annuities of $52 M U.S. life insurance…

Our asset management business had over $135 billion of inflows and further expanded its credit platform through a partnership with Castlelake, an asset-backed credit specialist. Our wealth solutions business is now firmly established as a top-tier annuity writer in the U.S., top two in Canada, and we are just getting started in the U.K. Our operating…

InsuranceNewsNet (INN) and Salt Financial have partnered to provide insurance and financial professionals with innovative tools and resources. This collaboration combines INN’s educational platform with Salt's expertise in index design and risk management, offering insights on volatility-controlled indices and annuity market strategies. The goal is to equip financial professionals with cutting-edge solutions to enhance their practices and product awareness.

AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of Well Link Life Insurance Company Limited. Well Link Life has been operating a life insurance business in Hong Kong since April 2019, with endowments, participating savings and qualified deferred annuity products as its major offerings.

This MD&A provides an overall discussion, followed by analysis of the performance of Lifeco's four major reportable segments: Canada, United States, Europe, and Capital and Risk Solutions. Lifeco has operations in Canada, the U.S. and Europe through The Canada Life Assurance Company, Empower Annuity Insurance Company of America, and Irish Life Group Limited.

MetLife, Inc. today announced that John McCallion, executive vice president and CFO, and head of MetLife Investment Management, has provided a fourth quarter and full year 2024 financial update video. MetLife, Inc., through its subsidiaries and affiliates, is one of the world’ s leading financial services companies, providing insurance, annuities, employee…

PGIM benefitted from its diversified private alternatives platform, the growing global retirement opportunity, and the growth of our insurance and retirement businesses Retirement Strategies continued to address the growing retirement needs of the market as a leader in Pension Risk Transfer and Individual Annuities Group Insurance and Individual…

PGIM benefitted from its diversified private alternatives platform, the growing global retirement opportunity, and the growth of our insurance and retirement businesses Retirement Strategies continued to address the growing retirement needs of the market as a leader in Pension Risk Transfer and Individual Annuities Group Insurance and Individual…

Axcelus Financial has appointed Kimberly Gibson to the role of Senior Market Development Manager and Consultant for the company’ s Bermuda operations and Henry Komansky to the position of Group Compliance Officer for Axcelus’ U.S.- based parent company and Chief Risk Officer for the firm’ s Bermuda operations. She has more than twenty-five years of…

MetLife, Inc. today announced it is among Fortune magazine’ s 2025 list of the“ World’ s Most Admired Companies.” The annual report card of the best-regarded companies included eight life insurers. MetLife, Inc., through its subsidiaries and affiliates, is one of the world’ s leading financial services companies, providing insurance, annuities, employee benefits…

Brighthouse Financial, Inc. (NASDAQ: BHF) is one of today’s top gainers. The company’s shares have moved 16.6% on the day to $59.57. Brighthouse Financial, Inc. provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment offers variable, fixed, index-linked, and income annuities for […]