October 24, 2024 Globe Life executives said the insurer is doing business as usual while various controversies swirl. Globe Life posts another strong quarter as legal, regulatory woes mount In another quarter repeating a familiar narrative for Globe Life, the insurer posted strong earnings amid a flurry of disturbing allegations.
August 9, 2024 Athene remains king of the hill when it comes to annuity sales. Athene execs seek to reassure Wall Street after profit decline Not even industry leading annuity sales data kept Athene from lagging earnings in the second quarter.
August 9, 2024 Jackson Financial reports strong Q2 earnings, despite hedging hits Jackson Financial’s Q2 earnings show strong results despite a significant drop in net income due to unfavorable hedging results.
August 8, 2024 Brighthouse executives are concerned by a drop in its RBC ratio. Brighthouse execs blunt about ‘disappointing’ Q2 capital numbers Brighthouse Financial CEO Eric Steigerwalt opted for unusual candor while unpacking second-quarter results with Wall Street analysts Thursday morning.
August 8, 2024 Brookfield took control of American Equity during the second quarter. Brookfield Asset Management crosses $1 trillion in AUM in big Q2 Brookfield Asset Management hit the big $1 trillion mark in assets under management during the second quarter as the firm continues to expand.
August 5, 2024 Prudential rides strong FlexGuard sales to second-quarter earnings win Prudential turned a big corner in the second quarter with robust sales of its FlexGuard flagship annuity boosting revenues.
August 2, 2024 AIG is adapting to life without its Life & Retirement unit. AIG takes Q2 hit from loss of life, retirement revenues American International Group reported a nearly $4 billion net income loss during its first quarter without its life and retirement division.
August 2, 2024 Allstate reports significant turnaround in Q2 from prior year quarter Allstate delivered strong operational execution in Q2 2024, resulting in a significant turnaround from a net loss in the prior year quarter.
August 2, 2024 Athene continues to boost Apollo earnings. Athene earnings come up short in Q2 despite monster annuity sales Athene Life & Annuity came up short on earnings during the second quarter despite dominating the industry in annuity sales.
August 1, 2024 Corebridge is off and running after achieving full separation from AIG. Corebridge Financial stuns analysts with 68% bump in annuity premium Corebridge Financial’s second-quarter annuity sales were so strong, Wall Street analysts had a hard time believing in the numbers.
August 1, 2024 Equitable executives celebrated strong indexed annuity sales in Q2. Equitable capitalizes on strong RILA sales environment during Q2 Registered indexed-linked annuities remain one of the hottest annuity product lines and Equitable Holdings is leading the way.
August 1, 2024 Lincoln Financial’s strategic changes spur strong Q2 Lincoln Financial Group sees strong Q2 financial results, with net income significantly boosted by strategic actions, favorable market.
July 31, 2024 KKR is now reaping the full benefits of Global Atlantic annuity sales. KKR makes full use of Global Atlantic ownership during strong Q2 KKR executives touted the full earnings potential of Global Atlantic Financial Group beyond its powerful annuity sales during a call with analysts.
July 26, 2024 Globe Life is facing continued criticism but its economic results remain strong. Globe Life execs say internal audit cleared it of fraud, improper life sales Globe Life executives sought to put myriad allegations of fraud and agent misconduct in the rearview by announcing that an audit found no wrongdoing.
July 24, 2024 Brighter outlook seen for insurance industry Q2 earnings As insurers prepare to release Q2 financial earnings, some, if not many, of the negative factors they’ve faced recently have diminished.
May 10, 2024 Jackson Financial reverses slide with big bounceback quarter Jackson Financial Inc., a seller of retail annuities and institutional fixed income products, reported first-quarter earnings for 2024 of $784 million.