Continental General Insurance Company today announced that it has completed the acquisition of two blocks of insurance policies from the state life and health insurance guaranty associations through transactions coordinated by the National Organization of Life& Health Insurance Guaranty Associations. The policies were originally issued by Bankers…
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LIMRA today announced the launch of its Lifetime Income Initiative, a campaign designed to expand awareness and education around protected lifetime income with annuities positioned as a cornerstone of U.S. retirement security.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of RGA Reinsurance Company, RGA Americas Reinsurance Company Ltd, RGA Life Reinsurance Company of Canada, Aurora National Life Assurance Company and RGA Life and Annuity Insurance Company. These companies are subsidiaries of Reinsurance Group of America,…
Lincoln Financial today reported financial results for the fourth quarter and full year ended December 31, 2025. Strong fourth quarter performance capped a year of sustained momentum, with balanced growth and broad-based execution across all business segments. Fourth quarter net income available to common stockholders was $745 million, or $3.80 per…
New York Life today announced the launch of Golden Futures, a new platform designed to support families at critical moments when passions take shape, learning accelerates and futures begin to feel possible. Encompassing the Golden Futures Awards for children ages 5-16 and the Golden Futures Scholarship Program for current high school juniors and seniors,…
About $2,026 every month— that's what a typical family of four, with two adult homeowners, two children ages 0-14, and a pet, spends on insurance based on national averages, including term life insurance for both adults. With the average monthly principal and interest payment on a 30- year fixed home loan in the U.S. ranging from $2,715 to $2,866 in 2024-25,…
The insurance industry must embrace change like never before
Our industry must adapt to the changing lifestyles and needs of younger consumers
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…
Symetra Life Insurance Company has launched new consumer marketing with fresh episodes of its“ Plan Well, Play Well” social content series featuring sports icon and longtime Symetra brand ambassador Sue Bird. As Sue continues to explore how to live her best life in retirement with help from Symetra and maybe pick up a new hobby or two, she’ s joined by figure…
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…
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…
