Life Insurance News

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.

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…

2026 JUN 01– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– Investigators publish new report on Legal Issues- Law and the Biosciences. The news reporters obtained a quote from the research from the National Institutes of Health,“ Both sides employ concepts of fairness and discrimination in supporting their position. Journal of Law and the…

26 North Reinsurance Holding Company today announced that it has entered into a definitive agreement to acquire 100% of Independent Insurance Group, LLC, which operates Independent Life Insurance Company, the only carrier exclusively dedicated to issuing structured settlement annuities for personal injury claimants and their families.

Lincoln Financial today announced the promotion of three senior leaders to its Senior Management Committee: Darrel Tedrow as Executive Vice President, President of Life Insurance and Retail Shared Services; Curtis Chesney as Executive Vice President, President of Annuities; and Paul Spurr as Executive Vice President, Chief Risk Officer and Chief Actuary.

AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Halyk-Life, Life Insurance Subsidiary Company of the Halyk Bank of Kazakhstan, JSC. An offsetting balance sheet strength factor is the material exposure to the high financial system risk in Kazakhstan. In 2024, the company reported a return on equity of 57%,…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Symetra Life Insurance Company and its subsidiary, First Symetra National Life Insurance Company of New York, together referred to as Symetra Life Group. Concurrently, AM Best has affirmed the Long-Term ICR of“ bbb+” of Symetra Life Group’ s parent, Symetra…

AM Best has assigned a Financial Strength Rating of A++ and a Long-Term Issuer Credit Rating of“ aa+” to Park Avenue Life Insurance Company. The ratings also reflect implicit support from PALIC’ s parent company, Guardian Life Insurance Company of America. PALIC is not actively writing new business but the company is licensed in 48 states and the District of Columbia,…

Nationwide has reached an agreement with MassMutual to reinsure a block of fixed universal life insurance policies, comprising more than 30,000 policyowners.

In its new Best’ s Market Segment Report,“ Market Segment Outlook: Philippines Non-Life Insurance,” AM Best also takes note of the country’ s stabilised reinsurance capacity, the emergence of insurance pools to support underwriting capacity at the primary level, and a broadly supportive pricing environment. However, offsetting factors include macroeconomic…