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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.

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March 12, 2024
Image shows the year 2023 in the background and the words "Annuity Sales Records" in front.
LIMRA reports another year of monster annuity sales.

Athene takes over as annuity sales leader with 72% growth in 2023

Athene Annuity and Life stormed to the top of the annuity sales charts with a 72% year-over-year growth in 2023 sales, LIMRA reported today.

March 4, 2024
Image of two hands breaking their handshake and moving away, with the words "M&A takes a break." Insurance-M&As-drop-in-2023,-but-expected-to-rise-again-this-year.

Insurance M&As drop in 2023, but expected to rise again this year

Insurance company merger and acquisition deals fell off the table in 2023, hampered by the rising cost of capital and…

February 29, 2024
Image of laptop on a desktop displaying the Lemonade website logo. After-throttling-back-in-2023-Lemonade-to-push-growth-to-reach-profitabily.

After ‘throttling’ back in 2023, Lemonade to push growth to reach profitability

After intentionally “throttling” growth in 2023, executives at Lemonade say they expect to accelerate its growth plans by a factor of three.

February 23, 2024
Image shows the Genworth logo.
Genworth Financial reported a $230 million loss in Q4.

Despite Q4 $230M loss, Genworth cites strategic advances

Genworth Financial pleased with the company’s fourth quarter financial results despite reporting a $230 million loss.

February 22, 2024
Image shows the Jackson logo
Jackson Financial reported strong annuity account values.

Jackson Financial rides out Q4 loss with solid sales and capital, new reinsurer

Jackson Financial executives touted the potential for Brooke Re, a wholly owned reinsurer established in January, while explaining a large fourth-quarter loss.

February 21, 2024
Image shows the Athene logo
Athene Life & Annuity is the top-selling annuity issuer in the country.

Athene execs unbothered by regulatory, interest rate headwinds

Coming off a monster annuity sales year, Athene executives discussed why they plan to keep winning despite brewing headwinds.

February 15, 2024
Image shows the Corebridge Financial logo.
Corebridge executives touted soaring premiums and deposits and company expense savings.

Corebridge books big loss, touts soaring premiums as AIG split nears

Corebridge Financial reported a $1.3 billion loss in the fourth quarter as it nears full separation from American International Group.

February 14, 2024
Image shows an AIG building front.
AIG reports strong Q4 and full-year 2023 financial results.

AIG preparing to say goodbye to life and retirement segment for good

American International Group is down to a 52% ownership stake in Corebridge Financial, its separated life and retirement division.

February 13, 2024
Image shows the Brighthouse Financial logo.
Brighthouse Financial executives touted its disciplined financial plan during a call with analysts.

Brighthouse reports strong product news to offset poor Q4 results

Brighthouse Financial executives reported strong product developments and solid sales today, but the insurer’s Q4 financial numbers were not as rosy.

February 13, 2024
Image of the state flag of Ohio with a pyramid in the foreground. Ponzi-scheme-losses-to-Ohio-bank-are-insurable-court-rules.

Ponzi scheme losses to Ohio bank are insurable, court rules

Court rejects AIG’s claim that a bank’s losses from a Ponzi scheme run by one of its customers were not insurable.

February 9, 2024
Image of upward trending financial graphs, with a giant "$1.5B." Allstate-reports-Q4-net-income-of-$1.5.

Allstate has strong Q4, reports net income of $1.5B

Allstate reported 2023 Q4 adjusted net income in the of $1.5 billion on revenues of $14.8 billion, up 8.7% from the same period in 2022.

February 8, 2024
Image of downward trending financial graph, with $1.2B label and Lincoln Financial Group logo. Lincoln-Financial-sees-Q4-loss-of-$1.2B.

Lincoln Financial sees Q4 net loss of $1.2B

Lincoln Financial Group reported a net Q4 loss of $1.2 billion and a loss of $835 million for the full year of 2023.

February 8, 2024
Equitable Holdings logo against a backdrop of financial graphs showing mixed results. Equitable-Holdings-cite-momentum,-resilience-in-face-of-economic-headwinds.

Equitable Holdings cites momentum, resilience in face of economic headwinds

Equitable Holdings, Inc. cited resilience in the face of strong headwinds, and steady growth in its 2023 Q4 and full-year financial results. 

February 8, 2024
Prudential logo against a backdrop showing $2.4B with large financial graphs.

Prudential reports turnaround, $2.48B net income for 2023

Prudential Financial Inc. Wednesday announced a significant turnaround in 2023, with net income reaching $2.48 billion,

February 7, 2024
Image shows the Brookfield logo
Brookfield reported strong cash on hand following Q4.

Brookfield touts future ability to reel in $15-$20B annually from insurance

Brookfield Asset Management executives are making big plans for the insurance assets it will control when its acquisition of American Equity closes soon.

February 6, 2024
Image shows the KKR logo
KKR reported a 4% rise in Q4 earnings.

KKR fuels up with Q4 cash off big Global Atlantic annuity sales

KKR reported big fourth quarter earnings, thanks in large part to its insurance holding, Global Atlantic.

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