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Life Insurance News

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News, trends, sales data, and helpful peer advice for life insurance professionals, including insurance agents.

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PFSL Fund Management Ltd. Refiling Interim Management Reports for Fund Performance

October 17, 2025

PFSL Fund Management Ltd. announced today that it has filed revised Interim Management Reports of Fund Performance for the period ended June 30, 2025 for the following funds:. PFSL Fund Management Ltd. is an investment manager and wholly owned indirect subsidiary of Primerica Financial Services Ltd. The Primerica Canada family of companies includes PFSL’…

Baby on Board

October 17, 2025

Starting a family brings joy, responsibility- and the need to plan for the unexpected. Life insurance may not be the first thing on your to-do list, but it plays a crucial role in protecting your family's future. For example, if your annual salary is $75,000, it makes sense to consider a policy with a $750,000 death benefit.

Thrivent CEO elected ACLI chair for 2026

October 16, 2025

Teresa (Terry) Rasmussen, president and CEO of Thrivent, was elected chair of the American Council of Life Insurers for 2026, succeeding Rich Bielen, president and CEO of Protective Life.

October 16, 2025
NAIFA is partnering with Connectiv to present Protectors Vegas 2026 (AI-generated image)

NAIFA looks to add ‘sizzle’ to annual conference for 2026

The National Association of Insurance and Financial Advisors is working with Connectiv, owners of Medicarians and the creators of InsureTech Connect and Manifest, to create Protectors Vegas 2026, a new event dedicated to advancing innovation and growth across the life and annuity landscape.

October 15, 2025
Photo illustration of a woman as young and older, along with logos of John Hancock and MIT. Americans-fall-short-on-longevity-planning-new-Hancock–MIT-study-warns

Americans fall short on longevity planning, new Hancock–MIT study warns

Americans are living longer, but a new John Hancock/MIT study shows they are unprepared for those extra years.

AM Best Affirms Credit Ratings of GIG Insurance – Egypt S.A.E.

October 15, 2025

Although the company’s investment portfolio is of good liquidity, asset risk is relatively high as assets are concentrated in Egypt, thereby exposing the balance sheet to the country’ s high economic and political risk and very high financial system risk. GIG- Egypt has a record of generating strong earnings despite the challenging operating conditions and…

American Gulf Launches Anchor MYGA: Market-Leading Multi-Year Guaranteed Annuity Offering Up to 6.30%

October 14, 2025

Issued by Gulf Guaranty Life Insurance Company, rated B++ by AM Best, the Anchor MYGA provides consumers with predictable, tax-deferred accumulation and free Required Minimum Distributions for qualified accounts. As consumers increasingly seek safe and predictable alternatives to volatile markets, the Anchor MYGA delivers guaranteed returns backed by…

JAB Insurance Appoints Life Insurance Veteran as the Next CEO of Prosperity Life Group

October 14, 2025

MIAMI& NEW YORK—- JAB Insurance today announced that it has named Michael Ferik as Chief Executive Officer of Prosperity Life Group, effective October 15, 2025. He will succeed Nicholas von Moltke who served as CEO over the past six years and will shift into a role as Senior Advisor to Anant Bhalla, Executive Chairman of JAB Insurance, to support a smooth transition.

Security Benefit Completes Redemption of its Senior Notes due 2026

October 14, 2025

Security Benefit paid the redemption price with a portion of the net proceeds of its recent $500,000,000 issuance of senior notes due 2028.. This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities of Security Benefit or Security Benefit Life Insurance Company..

Pacific Life Insurance Company Trademark Application for “THE POWER OF CHOICE” Filed: Pacific Life Insurance Company

October 13, 2025

2025 OCT 13– 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“ THE POWER OF CHOICE” by Heather J. Kliebenstein Merchant& Gould P.C., representing Pacific Life Insurance Company. The registrar information for this application…

Losing faith in life insurance: Misunderstandings driving policy cancellations

October 13, 2025

A growing number of Americans are walking away from their life insurance due to confusion and mistrust.

NYLI CBRE Global Infrastructure Megatrends Term Fund Announces Certified Results of 2025 Annual Meeting

October 10, 2025

About New York Life Investments. With over $785 billion in assets under management as of June 30, 2025, New York Life Investments, a Pensions& Investments’ Top 30 Largest Money Manager*, is comprised of the affiliated global asset management businesses of its parent company, New York Life Insurance Company, and offers clients access to specialized, independent…

October 10, 2025
Image shows the Connecticut flag and judicial scales.
A Connecticut court is considering relaxing the moratorium on PHL Variable policies. (AI-generated image)

PHL Variable policyholders share hardship tales while ripping moratorium

PHL Variable is now in the hands of Connecticut regulators, who are trying to sort out its finances while a moratorium on benefits remains in place.

Report: MassMutual faces SEC scrutiny over accounting practices

October 9, 2025

A mutual company owned by owners of eligible life insurance policies, MassMutual falls under the regulatory arm of the SEC. Phone calls and emails to the SEC in Washington went unreturned. The Journal said the SEC is looking at whether MassMutual properly reconciled accrued interest as it received payments on loans held in its general investment account.

AM Best Revises Outlooks to Positive for Certain Group 1001 Insurance Holdings, LLC Subsidiaries

October 9, 2025

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of the following subsidiaries of Group 1001 Insurance Holdings, LLC: Delaware Life Insurance Company and Clear Spring Life and Annuity Company. These companies are referred to as the Group 1001 Life& Annuity…

October 9, 2025
Image of a life insurance customer holding up a phone that says "Direct Term Life." Agents-risk-losing-clients-as-direct-life-channels-score-higher-in-satisfaction

Agents risk losing clients as direct life channels score higher in satisfaction

A J.D. Power life Insurance study reveals growing divides between how clients view direct-to-consumer experiences and advisor-led relationships.

Middle-class financial resilience remains above historical averages

October 9, 2025

The American Council of Life Insurers announced the results of its October 2025 Financial Resilience Index, which measures middle-class households’ abilities to manage financial challenges and plan for a stable future.

Cost-of-living crisis spurs insurance cancellations worldwide

October 9, 2025

As global inflation persists, households are being stretched to their financial limits, leading many to make difficult choices about what to keep and what to cut.

Life Insurance Customer Satisfaction Varies Widely Based on Carrier and Distribution Channel, J.D. Power Finds

October 9, 2025

Overall customer satisfaction with individual life insurance providers remains steady this year, but that apparent stability masks significant year-over-year swings in customer experience across individual brands. According to the J.D. Power 2025 U.S. “Customer satisfaction with individual life insurance providers is not just about the product; it’ s…

October 9, 2025
Image shows the solhouette of a man and the words, "Industry Role."
Insurance commissioners frequently leave for high-paying industry jobs, critics note.

Switching Sides: Many ex-insurance commissioners go straight to industry roles

The cozy relationship between state insurance regulators and industry trade associations is concerning to many observers and watchdog groups.

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