Life Insurance News

The U.S. life/annuity industry saw its total income decrease 18% in the first three months of 2026 from the prior-year period as premiums and annuity considerations fell by $36 billion, according to preliminary financial results. According to the Best’ s Special Report, the drop in premiums and annuity considerations was predominantly due to a $24.2 billion…

–AuguStar ® Life, a Constellation business, has enhanced its LiveNow Access accelerated benefit rider with a new critical illness feature, giving clients more ways to use their life insurance when it matters most. The addition complements the rider’s suite of living benefits, which also includes chronic and terminal illness coverage. "As more carriers offer…

Senate primary victory, Josh Turek has built his campaign on the simple argument that Wall Street has amassed too much power over Iowans. That concern comes into focus in the state's insurance oversight, where the Iowa Insurance Division and the National Association of Insurance Commissioners are working closely with large insurers, helping shape the very…

Both the Block 1 CLN and Block 2 CLN are in consideration of a variable funding surplus note issued by Redding Reassurance Company 3 LLC, a Missouri- domiciled special purpose financial captive reinsurer and a direct wholly owned subsidiary of Wilton Reassurance Company. Each VSN supports the excess reserves for a block of life insurance business retroceded…

Shares of Globe Life Inc. (NYSE: GL) traded at a new 52-week high today and are currently trading at $164.64. So far today, approximately 38,719 shares have been exchanged, as compared to an average 30-day volume of 569.68k shares. Globe Life Inc. delivers diverse life insurance and supplementary health coverage, alongside annuity products, targeting households […]

Target-date pioneer and industry leader i Fidelity Investments ® today announced plans to launch Fidelity Freedom ® Lifetime, a suite of target date collective investment trusts with a built-in guaranteed income option*. The Freedom Lifetime suite will include a strategic allocation to an insurance pool through Nationwide and New York Life— two highly…

KBRA releases commentary following the recent publication of the Columbia Business School’ s Rating Without Market Discipline paper, which raises important questions regarding the growth of private ratings in U.S. life insurer portfolios and the interaction between ratings and regulatory capital. The paper concludes that privately rated bonds…

KBRA releases research on the National Association of Insurance Commissioners private letter ratings review process. In August 2024, the NAIC passed an amendment that granted the Securities Valuation Office the ability to review and challenge credit ratings that it does not believe are a reasonable measure of risk for regulatory purposes.

Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. 1, today launched Jackson Market Link Pro ® 4 and Jackson Market Link Pro Advisory ® 4, further strengthening Jackson’ s suite of registered index-linked annuities. JMLP4 and JMLPA4 provide clients the potential to grow assets before and during retirement…

NASHVILLE— The Tennessee Department of Commerce& Insurance proudly announces that over $107 million in insurance policies and benefits was located in 2025 for Tennesseans through the Life Insurance Policy Locator Service. Developed by the National Association of Insurance Commissioners, the Life Insurance Policy Locator Service is a free service that…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of Aetna Life Insurance Company and the other members of Aetna Health& Life Group, which are operating entities of Aetna Inc. and wholly owned subsidiaries of its ultimate parent, CVS Health Corporation. Allina Health is a joint venture subsidiary of Aetna.

AM Best has assigned a Long-Term Issue Credit Rating of“ aa” to the recently announced $1.25 billion, 6.05% surplus notes, due 2056, issued by The Northwestern Mutual Life Insurance Company. The outlook assigned to the Credit Rating is stable. The proceeds from the surplus notes offering will be used for general corporate purposes.

Securian Financial today announced the election of Pradip Patiath to its board of directors, effective June 1, 2026. Pradip Patiath, Securian Financial board member and McKinsey& Company senior partner. Patiath is a senior partner at McKinsey& Company and a senior global leader in the firm’ s Financial Services and Digital practices.