Reinsurance costs and capacity constraints have moderated for Caribbean insurers amid an accelerated softening in property reinsurance pricing and a modest relaxation in some terms and conditions, according to a new AM Best report. These factors have contributed to favorable results being reported by most Caribbean insurers, with rate increases also…
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Massachusetts companies like John Hancock, Berkshire Life and MassMutual in the last few years have been looking for programs to help boost the health of their policyholders. “Because the market is so competitive, many good companies are trying to distinguish themselves as very good places for people to put their trust,” said Ed Donahue, president and CEO of the…
Born in Brenham, his family moved to Port Arthur and he graduated from Lincoln High School and Bishop College and became the school's first All-American football player. He then moved to Houston, where he became the president of the Mack H. Hannah Life Insurance Company, founded the Gulf Western Mortgage Company, and the Standard Savings and Loan Association, and…
Allianz Life is the first carrier to bring fixed index annuities to the Ensight™ Platform. MINNEAPOLIS, Feb. 6, 2026/ PRNewswire-PRWeb/– Financial professionals who sell select fixed index annuities for Allianz Life Insurance Company of North America can now use a new digital tool to create customized, interactive presentations to help educate their clients…
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of Orion Reinsurance Ltd.. Orion Re was founded in December 2004 and is licensed by the Bermuda Monetary Authority to act as a class III insurer without restrictions of any kind in its class. As of December 2024, 40% of the company’ s gross written premium was…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the life/health insurance subsidiaries of Prudential Financial, Inc., collectively referred to as Prudential. Concurrently, AM Best has affirmed the Long-Term ICR of“ a-” of PFI and all Long- and Short-Term Issue Credit Ratings of the group.
Globe Life reports solid quarter of sales, Bermuda reinsurer ramps up
Globe Life carved out a niche serving the middle market with smaller policies, a strategy reliant on agent recruitment.
Equitable reports mixed results but looks ahead to a stronger 2026
Equitable Holdings reported mixed 2025 financial results, posting a full-year loss but returning to profitability in the final quarter.
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 third quarter ended December 31, 2025, of million compared with net earnings of $67.2 million for the same period last year.
MetLife, Inc. today announced its full year and fourth quarter 2025 results. MetLife reported fourth quarter 2025 premiums, fees and other revenues of $18.7 billion, up 29 percent compared with the prior-year quarter. Adjusted premiums, fees and other revenues, excluding pension risk transfers, were $12.8 billion, up 8 percent.
Somerset Reinsurance Ltd., a leading provider of asset-intensive reinsurance solutions to the life and annuity market, today announced the appointments of Steve Belcher as Chief Financial Officer and Joelina Redden as Chief Legal Officer. Mr. Belcher is responsible for the firm’ s financial and capital management, as well as its accounting, tax and financial…
Indexing the industry for IULs and annuities
Clients are terrified of doing everything “right” and still running out of money.
AI in life and health: Poised for a 2026 breakthrough?
With compelling use cases emerging across the life and health sector, the age of artificial intelligence is here.
-Equisoft, a leading global digital solutions provider to the financial services industry, is pleased to announce that United Heritage Life Insurance Company has successfully gone live with their annuity products on Equisoft/ manage, a modern SaaS policy administration system for life insurance and annuities. United Heritage selected Equisoft’s…
2026 FEB 03– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ RELIANCEMATRIX A MEMBER OF TOKIO MARINE GROUP” by Christina D. Frangiosa Neal& McDevitt, LLC, representing Reliance Standard Life Insurance Company.
Prudential of Japan implementing action plan to address employee misconduct issues Establishing independent program to reimburse impacted customers Support for existing POJ customers and servicing of in-force policies is not impacted. TOKYO& NEWARK, N.J.—- The Prudential Life Insurance Company, Ltd. and its parent company, Prudential Financial, Inc.,…
Judge orders Greg Lindberg to pay $526 million to policyholders
A North Carolina judge ordered Greg Lindberg to pay $526 million to long-suffering policyholders.
Donahue& Horrow LLP has secured another published federal court victory. Once again, Donahue& Horrow LLP continues to be a leader in fighting for disability benefits under ERISA. In a separate case, Donahue& Horrow LLP reinstated long-term disability benefits and attorneys’ fees for a client facing similar post-viral limitations.
Members of the National Association of Insurance and Financial Advisors and Finseca will convene in Washington, D.C., on Tuesday, May 19, 2026, for a Day on the Hill, bringing a unified industry voice directly to policymakers on issues that impact financial professionals and the American families they serve.
Securian Financial today announced the launch of AI-enabled instant claims decision and benefit payment capabilities for its supplemental health insurance products— the first offering of its kind in the marketplace. This breakthrough innovation transforms the typical supplemental health claims experience from days of waiting to real-time results,…
