CVS Health: Profits drop, with Medicare Advantage, Aetna challenges
CVS Health reported Q4 2024 profits of $1.6 billion, down from $2 billion, with annual profits at $4.6 billion, down $8.3 billion in 2023.
Insurance company earnings information, updated quarterly. Earnings are crucial when assessing a company’s profitability and stock.
CVS Health reported Q4 2024 profits of $1.6 billion, down from $2 billion, with annual profits at $4.6 billion, down $8.3 billion in 2023.
Brighthouse Financial’s Shield Level annuities hit record sales of $10 billion for the year. But is it enough?
Equitable Holdings continues to tinker with a formula combining retirement products, wealth strategies and asset management.
Globe Life executives might be living in a swirling storm of controversy, but it didn’t impact life insurance sales during the fourth quarter.
Allstate Corporation ended 2024 on a high note, reporting strong financial and strategic performance in the fourth quarter and 2024.
Like its competitors, Lincoln Financial is riding huge annuity sales while setting up Bermuda reinsurance and watching interest rates.
From a sales standpoint, a lot went right for Prudential Financial in Q4, and the year as a whole.
Higher fee revenue and strong retirement products drove another strong quarter for Apollo Global Management.
Cigna executives kicked off Thursday’s earnings call by responding to pharmacy benefit manager critics with a number of reforms.
Although the U.S. economy has been resilient, with slowing inflation and a consistently strong labor market, JPMorgan Chase CEO Jamie Dimon still sees two“ significant risks” to the economy. That warning came as the largest U.S. bank by assets posted its biggest-ever annual profit, and beat Wall Street expectations across the board. Economists at Goldman Sachs…
Artificial Intelligence startups in the United States raised 30 percent more in venture funds last year than in 2023, despite the fact that large companies developing this technology such as Sam Altman’s OpenAI or Elon Musk’s xAI have not reported profits, specialists indicated. The enthusiasm for AI technology, sparked in large part by the resounding…
Athene Life & Annuity does fixed-indexed annuity sales better than anyone and it showed during the third quarter.
Concern over a sliding risk-based capital ratio continued during the third quarter for Brighthouse Financial.
Jackson Financial booked $1.6 billion in third-quarter RILA sales, up 99% from the year-ago quarter.
Genworth Financial reported a strong performance in Q3 2024, and the advancement of its CareScout Quality Network.
Manulife Financial Corporation reported its third quarter results for the period ended September 30, 2024, delivering record core earnings and insurance new business results 1. Core earnings 2 of $1.8 billion, up 4% on a constant exchange rate basis 3 from the third quarter of 2023 Net income attributed to shareholders of $1.8 billion, up $0.8 billion from 3…
Commitment to the high-net-worth market drove Apollo Global Management to a massive increase in assets under management during the third quarter.
AIG achieved strong Q3 growth in underwriting profitability and delivered consistent capital returns to shareholders, the company reported.
Executives touted Corebridge Financial’s recent launch of its MarketLock RILA during a third-quarter call Tuesday with Wall Street analysts.
Credited with introducing the first registered indexed-lined annuity in 2010, Equitable is far and away the market leader for the now-trendy RILA products.