Despite a 13% drop in net income compared to last year’s third quarter, executives at Corebridge Financial Inc., said Friday…
The latest news about leading insurance carriers, brokerages, investment firms and asset management companies. You can find out more about individual companies in our Company Directory page.
More Stories
Allstate earnings rebound thanks to property-liability premium hike
Allstate Corp. rebounded from a challenging second quarter to post a profit that beat Wall Street expectations.
Lincoln falls short in Q3, but sees ‘path to recovery’
Lincoln National Corp. conceded Thursday that the company’s Q3 financial results fell short, but said it’s making progress toward “recovery.”
Not profitable yet, but Lemonade beats expectations in Q3 earnings
Insurtech disruptor Lemonade Inc., set Wall Street buzzing Thursday when it unveiled better than expected third quarter financial results.
AIG rides strong annuity sales to another positive quarter
AIG again posted strong profits in the third quarter, driven by growth at its general insurance and life and retirement units.
Retirement, wealth businesses help offset Equitable’s Q3 challenges
Success in Equitable Holdings Inc.’s retirement and wealth management businesses helped offset Q3 challenges in asset management.
Apollo Global reports record Q3 earnings, riding high interest rates
Investment management giant Apollo Global Management reported record earnings for the third quarter, driven by rising interest rates and fees.
MassMutual embraces behavioral insurance with new program
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.
Critics call out Brookfield Asset Management asset transfers to insurer
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.
Bass to head up Equitable Holdings investor relations
Equitable Holdings has reached out to veteran life insurance analyst Erik Bass to take over duties as its new head of investor relations.
Auto, weather losses spur outlook downgrade for State Farm
Credit rating agency AM Best has revised the outlook for State Farm Auto Insurance and its subsidiaries to negative.
Brookfield Re eyes $10B in annuity sales when American Equity deal closes
When its acquisition of American Equity is completed, Brookfield Reinsurance expects to challenge the biggest annuity sellers in the country.
Jackson Financial touts indexed-linked annuity sales gains in Q2
Jackson Financial touted progress in the second quarter rebuilding its annuity suite to compete better in a strong sales market.
Brighthouse surprises with solid Q2 earnings, beating estimates
Brighthouse Financial Inc. surprised investors with a “solid” second quarter financial results, buoyed by increased life insurance sales.
Global Atlantic buoys KKR Q2 earnings, while insurance costs soar
Private investment giant KKR & Co. Inc. released second quarter earnings results Monday that topped Wall Street expectations.
Corebridge sheds health care business to focus on massive annuity sales
Corebridge Financial continues to streamline, separate from American International Group and shed businesses that do not involve the record-setting annuity market.
A mixed bag for Equitable’s Q2 earnings
Equitable Holdings Inc. turned in a mixed financial scorecard for the second quarter, showing a blend of successes with some challenges.
Annuity leader Athene’s sales drive 75% net income boost for Apollo in Q2
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 execs reassure analysts on delayed Fortitude Re deal
Lincoln Financial is hard at work on its turnaround, CEO Ellen Cooper assured analysts today, but it is going to take some time.
Prudential posts strong Q2 results off investment gains, FlexGuard sales
Prudential Financial reported a 21.5% rise in second-quarter adjusted profit as its FlexGuard suite of products sold very well.
