Shares of MetLife, Inc. (NYSE: MET) traded at a new 52-week high today and are currently trading at $79.97. So far today, approximately 242.69k shares have been exchanged, as compared to an average 30-day volume of 2.67M shares. MetLife, Inc., a financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide. It […]
Annuity Insurance Global Market Report 2024&# x2013; Market Size, Trends, And Global Forecast 2024-2033. LONDON, GREATER LONDON, UNITED KINGDOM, September 17, 2024/ EINPresswire.com/– The annuity insurance market has experienced robust growth in recent years, expanding from $936.97 billion in 2023 to $990.4 billion in 2024 at a compound annual growth rate of 5.7%.
With September marking Life Insurance Awareness Month, the Pennsylvania Insurance Department today announced that the National Association of Insurance Commissioners' Life Insurance Policy Locator has helped recover and return nearly $72 million in benefits from nearly 3,000 life and annuity insurance policies to Pennsylvanians since January.
Corebridge Financial begins corporate life free from the shadow of American International Group in a strong position to attack the massive retirement market.
Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. i, has been honored by Datos Insights with a 2024 Insurance Technology Impact award for its Registered Index-Linked Annuity Digital Ecosystem. “We are honored to receive this recognition from Datos Insights, which highlights the work our teams have done to…
Legal& General has today released the latest edition of its Pension Risk Transfer Monitor, which analyses industry trends and market outlooks in the UK and US. The UK PRT market has completed an estimated £20 bn of buy-ins and buyouts in the year to date The US market experienced a record breaking first half, estimated at $26 bn Both markets are on track for one of…
AM Best has upgraded the Long-Term Issuer Credit Ratings to“ bb-” from“ b+” of Genworth Financial, Inc. and Genworth Holdings, Inc., as well their Long-Term Issue Credit Ratings. In addition, AM Best affirmed the Financial Strength Rating of B- and the Long-Term ICR of“ bb-” of Genworth Life and Annuity Insurance Company. Additionally, AM Best has affirmed the FSR of C++ and the…
With annuity demand expected to shatter records again this year, financial professionals should be prepared to discuss annuity options with their clients.
Athene Life & Annuity remained king of the annuity sales mountain during the first half of 2024, but their pursuers are more numerous and closing the gap.
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…
Kentucky teachers' retirement investments posted double-digit gains for the recently concluded fiscal year, 12.27 percent for the Retirement Annuity Trust and 12.73 percent for the Health Insurance Trust. TRS staff presented the pension system's investment results for the year ended June 30 to the Investment Committee at its Aug. 22 meeting.
The Best’ s Market Segment Report,“ Life/Annuity Reinsurers Face Growing Competition as Conditions Improve,” is part of AM Best’ s look at the global reinsurance industry ahead of the Rendez-Vous de Septembre in Monte Carlo. “How newer entrants will alter their strategies over the long term depending on macroeconomic trends, availability of deals and regulatory…
The Federal Home Loan Bank of Pittsburgh today announced the election of Thomas A. Hendry, Senior Vice President and Treasurer of New York Life Insurance and Annuity Corporation. and Nathaniel S. Bonnell, Chairman, President and CEO of Citizens Bank of West Virginia to the FHLBank Board of Directors. Mr. Hendry serves as Senior Vice President and Treasurer in the…
Delaware Life Insurance Company, a Group 1001 company, announces its inclusion in the annual Barron’ s list of“ Top 100 Best Annuities.” This is the fifth consecutive year that Barron’s has ranked Delaware Life Insurance Company annuities in the top 100.. Delaware Life Accelerator Prime ® Variable Annuity was recognized as a top 100 annuity in the categories of…