In the next decade, an advisor shortage is coming that insurance carriers cannot ignore.
U-Haul Holding Company, parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, today reported net earnings available to common shareholders for its second quarter ended September 30, 2025, of $105.6 million, compared with net earnings of $186.8 million for the same period last year.
MetLife, Inc. today announced its third quarter 2025 results. MetLife reported third quarter 2025 premiums, fees and other revenues of $12.5 billion, flat compared with the prior year quarter. Adjusted premiums, fees and other revenues, excluding pension risk transfers, were $12.5 billion, up 4 percent.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of Central States Indemnity Co. of Omaha, and its subsidiary, CSI Life Insurance Company, collectively referred to as CSI. The outlook of these Credit Ratings is stable. Both companies are domiciled in Omaha, NE..
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of HDFC International Life and Re Company Limited, a subsidiary of HDFC Life Insurance Company Limited, which in turn is majority held by HDFC Bank Limited. The outlook of these Credit Ratings is stable. The ratings reflect HDFC’ s balance sheet strength, which AM…
DALLAS& FRANKLIN, Tenn.—- The Insurance Collaboration to Save Lives announced a groundbreaking partnership with Envela Insurance, a platform built for independent agents. Their joint initiative, Life Is Personal, unites data, technology and human insight to help independent agents champion prevention alongside protection. I’ m honored to join ICSL’ s Agent…
Transamerica announced the launch of Transamerica Financial Foundation IUL II Express, an indexed universal life insurance product with 100% instant decision underwriting.
The insurance industry doesn’t really have a seasonal ebb and flow, but the end of this year in particular has marked a flurry of conversations about planning.
New York Life, America’ s largest 1 mutual life insurer, today announced that Howard Grosfield, Group President of U.S. Consumer Services at American Express Company, has joined the company’ s board of directors, effective immediately. Grosfield is a member of the company’ s Executive Committee and leads a global team responsible for all aspects of American…
Excess mortality for Americans aged 65 or older dropped from more than 20% at the peak of the COVID-19 pandemic to only 1.3% in the past year – according to a new analysis from the Society of Actuaries Research Institute.
Brian Kemp to remove Republican Cobb school board member John Cristadoro from his board position in the wake of Cristadoro's recent legal troubles. Terry Cummings, D- Mableton; Mekyah McQueen, D- Smyrna; Lisa Campbell, D- Kennesaw; and Gabriel Sanchez, D- Smyrna, called on Kemp to invoke his authority to conduct a formal ethics hearing and remove Cristadoro, the school…
Brighthouse Financial, Inc. (NASDAQ: BHF) is one of today’s top gainers. The company’s shares have moved 24.39% on the day to $56.84. Brighthouse Financial, Inc. provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment offers variable, fixed, index-linked, and income annuities for […]
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of KB Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect KBI’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk…
Affirm, the payment network that empowers consumers and helps merchants drive growth, today announced an expansion of their long-term capital partnership with New York Life, America’ s largest 1 mutual life insurance company. Under the expanded agreement, New York Life will purchase Affirm’ s installment loans on a forward-flow basis between now and December…
Abry Partners, a Boston- based private equity firm, today announced that its portfolio company Portfolio Holding, Inc. has reached an agreement to be acquired by Protective Life Insurance Company, the principal subsidiary of Protective Life Corporation, a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. The transaction is subject to the receipt of…
The annual awards spotlighted the year’s most standout, innovative achievements celebrating Intelligent Insurance. More than 3,000 Guidewire customers and partners were in attendance. “Guidewire is delighted to celebrate the exceptional work of our customers and partners to reinvent and transform the P&C industry,” said Christina Colby, Chief Customer…
Lincoln Financial today reported financial results for the third quarter ended September 30, 2025. Strong financial performance in the quarter demonstrates broadening of momentum and balanced growth across all business segments. Third quarter net income available to common stockholders was $411 million, or $2.12 per diluted share. Third quarter…
AM Best has maintained its stable outlook on China’ s non-life insurance segment, citing sustained premium growth supported by new energy vehicles, health reforms and emerging product developments, as well as supportive regulatory policies and initiatives to foster market development. The Best’ s Market Segment Report,“ Market Segment Outlook: China…
Axonic Insurance, a global annuity and insurance platform, today announced a $210 million preferred equity investment led by LuminArx Capital Management, a global capital solutions provider, with participation from Deutsche Bank. Axonic Insurance is an innovative insurance platform that designs, distributes, issues, and manages annuity and related…
AM Best has maintained its stable outlook on Taiwan’ s non-life insurance segment, noting that premium growth prospects remain robust and are supported by steady economic conditions and strong insurance demand. Also underpinning the stable outlook, as detailed in the Best’ s Market Segment Report,“ Market Segment Outlook: Taiwan Non-Life Insurance”, are…
