Companies

Insurtech disruptor Lemonade Inc., set Wall Street buzzing Thursday when it unveiled better than expected third quarter financial results.

AIG again posted strong profits in the third quarter, driven by growth at its general insurance and life and retirement units.

Success in Equitable Holdings Inc.’s retirement and wealth management businesses helped offset Q3 challenges in asset management.

Investment management giant Apollo Global Management reported record earnings for the third quarter, driven by rising interest rates and fees.

MassMutual is the latest life insurance company to embrace behavioral insurance to help improve the health and longevity of their policyholders and reduce premature death claims.

Financial reporting documents by Brookfield Asset Management Reinsurance and an insurer it acquired last year are raising renewed questions about private equity control over policyholder funds.

Equitable Holdings has reached out to veteran life insurance analyst Erik Bass to take over duties as its new head of investor relations.

Credit rating agency AM Best has revised the outlook for State Farm Auto Insurance and its subsidiaries to negative.

When its acquisition of American Equity is completed, Brookfield Reinsurance expects to challenge the biggest annuity sellers in the country.

Jackson Financial touted progress in the second quarter rebuilding its annuity suite to compete better in a strong sales market.

Brighthouse Financial Inc. surprised investors with a “solid” second quarter financial results, buoyed by increased life insurance sales.

Private investment giant KKR & Co. Inc. released second quarter earnings results Monday that topped Wall Street expectations.

Corebridge Financial continues to streamline, separate from American International Group and shed businesses that do not involve the record-setting annuity market.

Equitable Holdings Inc. turned in a mixed financial scorecard for the second quarter, showing a blend of successes with some challenges.

Apollo Global Management leveraged strong annuity sales from its Athene business to drive a 75% increase in year-over-year adjusted net income.

Lincoln Financial is hard at work on its turnaround, CEO Ellen Cooper assured analysts today, but it is going to take some time.

Prudential Financial reported a 21.5% rise in second-quarter adjusted profit as its FlexGuard suite of products sold very well.

Severe weather and climate catastrophes took their toll on Allstate Corp.’s earnings in the second quarter.

American International Group continues a slow offload of its life and retirement unit, a business that delivered crucial second-quarter premiums and deposits exceeding $10 billion.

Annuity sales are on a hot streak, with indexed and multi-year guaranteed annuities setting an all-time sales record in the first quarter of 2023.