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WINDSOR, Conn. and Washington, D.C., May 11, 2022 — New research from LIMRA and the Finseca Foundation reveals five secrets to…

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–Transamerica announces that Liza Tyler has been appointed Head of Annuity Solutions and Andrew DeMarco as Head of Life Solutions for the company's Individual Solutions division. These new positions report to Jamie Ohl, President of Transamerica's Individual Solutions division, which provides individual insurance and investment solutions to…

BIRMINGHAM, Ala.– Protective Life Corporation, a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc., announced that its principal subsidiary, Protective…

_ Prudential Financial Inc. on Tuesday reported a loss of $31 million in its first quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.67 per share. Four analysts surveyed by Zacks expected $14.18 billion.

Goose Insurance Services, an innovative insurance technology company that is making it easier and faster for consumers to get the coverage they need through a self-serve mobile app, announces it has expanded its individual term life insurance policies to US customers. In the last ten years, the number of Americans with life insurance policies has dropped…

–Sunset Life Insurance Company of America announced today it will be renamed Ibexis Life& Annuity Insurance Company as it relaunches the brand under new leadership and direction. Following the appointment of CEO Nate Gemmiti and a significant capital investment from global alternatives firm Investcorp in November 2021, Ibexis represents the next chapter…

Stephens County District Judge Ken Graham ordered a continuance of the trial for James Kyle Brooks, 41, for a charge of first-degree murder until 9 a.m. Sept. 19, records indicate. Investigators believe Brooks was motivated to kill for a $500,000 insurance policy taken out without his father's knowledge, according to investigators. Marlow police were called by…

This includes Pacific PremierCare ® Choice one-year, five-year, 10- year, and lifetime premium whole life insurance products with long-term care benefits 1 and Pacific PremierCare Advantage Universal Life Insurance with Long-Term Care Benefits 2 in California. “Pacific Life remains committed to the long-term care market as we continue to recognize U.S….

New York Life, America's largest 1 mutual life insurer, today announced that Craig DeSanto has assumed the company’ s chief executive officer position. New York Life and its affiliates provide insurance, investment, and retirement solutions that help people at all stages of life, delivered through the company’ s industry-leading agency field force.

Securian Financial has added three return of premium options 1, an optional premium waiver agreement and other enhancements to the latest version of SecureCare™, the St. Paul, Minnesota- based insurer’ s hybrid life/long-term care insurance product. SecureCare III, issued by MINNESOTA LIFE INSURANCE COMPANY, has the key feature of its predecessors— a cash…

Symetra today announced the introduction of a new version of its Accumulator indexed universal life insurance product— Symetra Accumulator Ascent IUL. “Enhanced products like Accumulator Ascent IUL and new offerings like our MultiLife Business Program are bringing a wider array of compelling solutions to Symetra customers and partners,” said Phil…

American International Group, Inc. today announced that Sabra Purtill, 59, has been appointed Executive Vice President and Chief Investment Officer for its Life& Retirement business, effective immediately. In her new role, Ms. Purtill will report to Kevin Hogan, Executive Vice President, Chief Executive Officer, Life& Retirement, and she has joined the Life&…

–First Orion, a leading provider of branded communication solutions for businesses, today announces the results of its 2022 Insurance Survey Report that explores the insurance calling experiences of 5,000 U.S. mobile subscribers. The findings represent customer sentiments related to contact with health, auto and home insurance providers..

Mr. Sharma succeeds Darryl Button as CFO, following Mr. Mr. Sharma will report to Mr. Button and serve on Pacific Life’ s management committee with responsibility for the development and implementation of Pacific Life’ s corporate and financial strategies, as well as oversight of the actuarial, corporate finance, internal audit, enterprise risk management, and…

–Ohio National Mutual Holdings, Inc. and its wholly owned subsidiary Ohio National Financial Services, Inc., a leading provider of financial services, successfully completed its sponsored demutualization transaction with Constellation Insurance Holdings, Inc.. Ohio National Financial Services, Inc. remains a subsidiary to ONH. As part of the transaction,…

iQuanti: As we get older, we want to make sure our loved ones are taken care of when we're gone. Life insurance can be a fantastic tool for seniors to give their families extra financial protection. It pays out a death benefit when you pass away, which can offer your beneficiaries added financial security.

OWINGS MILLS, Md. – March 27, 2022 – The Baltimore Life Insurance Co. today celebrates its 140th anniversary. For almost…

Birmingham, Ala. – Protective Life Corporation announced today that its principal subsidiary, Protective Life Insurance Company, has entered into an…

Genworth Financial, Inc. today announced that S&P Global Ratings has upgraded the issuer credit ratings of Genworth Financial, Inc. and Genworth Holdings, Inc. to B+ from B. The outlook for the ratings remains positive. This would bring total holding company debt to below our target of $1 billion and enable Genworth to evaluate returning capital to…
Life insurance sales were very strong in the fourth quarter. Source: Wink’s Sales & Market Report.

Non-variable universal life sales for the fourth quarter were $861.5 million, up 20% compared to the third quarter and 16.25% over 4Q 2021, according to Wink’s Sales & Market Report.

Massachusetts Mutual Life Insurance Company today reported excellent financial results 1 for 2021– including record sales and capital levels that reached an all-time high and strong operating earnings– while making significant progress on its long-term strategy and providing financial security for more Americans. Sales of total individual life…

PARK RIDGE, Ill. (February 17, 2022) —The MDRT Family of Brands, which includes MDRT for high‐performing financial services professionals, the…

Regulators approved a list of “regulatory considerations” Tuesday for the Macroprudential Working Group. Many items on the list deal with the unknowns surrounding private equity control of insurers.

The increased number of Credit Ratings in the U.S. life/health insurance industry placed under review in 2021 mainly reflects the return of merger and acquisition activity that was depressed in the previous year amid the pandemic surge, along with earnings declines in the life/annuity segment from heightened mortality, according to a new AM Best report.

As a mutual company, Northwestern Mutual shares its success with policyowners in the form of annual dividends, and, as previously announced, the total expected 2022 dividend payout is the largest ever– $6.5 billion. "It's an honor that we continue to see a record number of customers choosing Northwestern Mutual and our advisors for our holistic approach to…

New York Life, America’ s largest 1 mutual life insurer, reports how its approach to Diversity, Equity and Inclusion underscores its commitment to employees, agents, policy owners, and communities in its 2021 DE&I Report. From continuing to provide spaces for difficult but necessary conversations about race, to our Cultural and Target Markets agents providing…

AmeriLife Group, LLC, a national leader in developing, marketing, and distributing annuity, life and health insurance solutions, today announced that its agencies and affiliates are now offering SimpliNow Legacy SM from AIG, a simplified issue whole life insurance product specifically designed for middle-market American seniors. Electronic applications…

Brighthouse Financial, Inc. announced today its financial results for the fourth quarter and full year ended December 31, 2021. Annuity sales decreased 20% quarter-over-quarter, driven by lower sales of fixed deferred annuities, partially offset by a 14% increase in total sales of variable and Shield Level annuities, and were flat sequentially.

There’s no rule on when someone should buy life insurance, but as with saving and investing, there’s a strong case to be made for starting young. Many people in their 20s and 30s may not think they need a life […]

–Health and lifestyle habits play a significant role in determining the premiums a policyholder will pay on term and whole life insurance policies— including smoking. Both types of policies will cost more as a smoker, but there are still unique advantages to each type of plan. For those looking for the best type of life insurance for smokers, here are the pros and…

WASHINGTON, D.C. – The Insured Retirement Institute (IRI) today rolled out a new logo and a revamped website. The updated…

–Policygenius, the one-stop platform for comparing and buying insurance, announced today the release of The 2022 Policygenius Life Insurance Trend Report. This report draws on Policygenius' internal data as one of the largest term life insurance distribution platforms in the U.S., with more than $120 billion in face amount placed in force, as well as insights…

–Life insurance is an important piece of any well-rounded financial plan, but it's not one size fits all. Since women may go through pregnancy or be more likely to take time away from the workforce for caretaking responsibilities, there are certain considerations for women shopping for a life insurance policy that may differ from men. Here are four factors women…

“We are pleased to have completed our first two longevity reinsurance transactions with Phoenix and to support Phoenix in its U.K. pension de-risking activity,” said Jay Wang, senior vice president and head of Risk Solutions for MetLife’ s Retirement& Income Solutions business.“ Despite the continuing uncertainty around the pandemic, the U.K. pension and…