Jackson Financial’s Q2 earnings show strong results despite a significant drop in net income due to unfavorable hedging results.
Brookfield Asset Management hit the big $1 trillion mark in assets under management during the second quarter as the firm continues to expand.
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.
Prudential turned a big corner in the second quarter with robust sales of its FlexGuard flagship annuity boosting revenues.
American International Group reported a nearly $4 billion net income loss during its first quarter without its life and retirement division.
Allstate delivered strong operational execution in Q2 2024, resulting in a significant turnaround from a net loss in the prior year quarter.
Athene Life & Annuity came up short on earnings during the second quarter despite dominating the industry in annuity sales.
Corebridge Financial’s second-quarter annuity sales were so strong, Wall Street analysts had a hard time believing in the numbers.
Lincoln Financial Group sees strong Q2 financial results, with net income significantly boosted by strategic actions, favorable market.
KKR executives touted the full earnings potential of Global Atlantic Financial Group beyond its powerful annuity sales during a call with analysts.
An expected pickup in insurance industry mergers and acquisitions has not yet materialized with a decrease in the first half of this year.
American International Group today announced that Melissa Twiningdavis has been appointed executive vice president, chief administrative officer, effective Sept. 1….
The U.S. directors and officer segment in 2023 recorded a direct loss ratio of 50.8— the best result in nearly a decade— but industry rating agency AM Best is not convinced the good times will last. In a special report on U.S. D&O liability, AM Best said the market is "unlikely to hit bottom in 2024." Due to recent favorable results, insurers will not be pressured to…
American International Group (AIG) has completed the long-anticipated separation of Corebridge Financial, its former life and retirement unit.
Jackson Financial Inc., a seller of retail annuities and institutional fixed income products, reported first-quarter earnings for 2024 of $784 million.
Athene executives said Thursday they are full-speed ahead on fixed-index annuities with custom indices. The private equity backed insurer is the leading annuity seller by far.
Despite relatively flat earnings, executives at Brookfield Asset Management touted growing fee revenue as evidence of a strong Q1.
Genworth Financial, Inc. exceeded Wall Street expectations, reporting net income of $139 million for the first quarter.
Allstate reported a big Q1 earnings comeback; executives even had positive things to say about auto and homeowners insurance.
Apollo Global Management continued perfecting its dual-track revenue-generating engine in the first quarter – with annuity sales and investment fees…
