2024 life insurance new premium tops $16B, sets new record, LIMRA says
A strong fourth quarter drove life insurance new premium to another record, LIMRA reports.
News, trends, sales data, and helpful peer advice for life insurance professionals, including insurance agents.
A strong fourth quarter drove life insurance new premium to another record, LIMRA reports.
Equitable Life Insurance Co. breached no contract terms when it imposed cost-of-insurance charges on a universal life policy, the New York Court of Appeals recently ruled.
A recent study by Jackson National has found a vast underestimate by retirees and financial professionals of various retirement costs.
Colleen P. Donohoe Colleen Donohoe, P.C. PO Box 10879 Kalispell, Montana 59904 406-309-2470 Attorneys for Applicant MONTANA NINETEENTH JUDICIAL DISTRICT COURT, LINCOLN COUNTY IN THE MATTER OF THE ESTATE OF CAROL ANN GIBBONS, Deceased. NOTICE OF TRUSTEE'S SALE To be sold for cash at a Trustee's Sale on May 19, 2025, at 02:00 PM outside the North entrance to the…
S-3ASR Table of Contents As filed with the Securities and Exchange Commission on January 31, 2025. THE SECURITIES ACT OF 1933. Approximate date of commencement of proposed sale to the public: From time to time after the effective date of this Registration Statement.
Ten insurance company impairments were identified in the U.S. life/health industry for 2023, following none in 2022, according to a new AM Best report. The Best’ s Special Report, titled,“ 2023 US Life/Health Impairments Update,” states that during the 2000-2023 study period, 193 life/health insurers became impaired. Six of the 10 impairments identified for 2023…
The Credit Rating action follows the announcement on 9 January 2025 that Solidarity Bahrain has signed a sale and purchase agreement with Bahrain National Holding Company B.S.C. in relation to the acquisition of 100% of the issued share capital of each of Bahrain National Insurance Company B.S.C. (c) and Bahrain National Life Assurance Company B.S.C. (c)…
The Credit Rating action follows the announcement on 9 January 2025 that SFIC’ s sister company, Solidarity Bahrain B.S.C., has signed a sale and purchase agreement with Bahrain National Holding Company B.S.C. in relation to the acquisition of 100% of the issued share capital of each of Bahrain National Insurance Company B.S.C. (c) and Bahrain National Life…
The Credit Rating action follows the announcement on 9 January 2025 that BNI’ s parent company, Bahrain National Holding Company B.S.C., has signed a sale and purchase agreement with Solidarity Bahrain B.S.C. in relation to the acquisition of 100% of the issued share capital of each of BNI and Bahrain National Life Assurance Company B.S.C. (c) for a total…
A strong fourth quarter drove life insurance new premium to another record, LIMRA reports.
New York Life, the largest 1 mutual life insurance company in the United States, today announced a planned leadership transition in New York Life Real Estate Investors, the $68 billion real estate investment arm of New York Life. He will report to New York Life Executive Vice President and Chief Investment Officer Tony Malloy and join Malloy’ s senior leadership…
Equitable Life Insurance Co. breached no contract terms when it imposed cost-of-insurance charges on a universal life policy, the New York Court of Appeals recently ruled.
AM Best has removed from under review with developing implications and upgraded the Financial Strength Rating to B+ from B and the Long-Term Issuer Credit Rating to“ bbb-” from“ bb+” of Mountain Life Insurance Company. Geographic exposure is expected to diversify over the next two years as the company applies for licenses in most U.S. states. Capital contributions…
Midland National ® Life Insurance Company and North American Company for Life and Health Insurance ®, member companies of Sammons ® Financial Group, Inc., are proud to unveil their enhanced Indexed Universal Life products. Midland National announces Strategic Protector ® IUL 2, and North American announces Protection Builder IUL ® 2.
MetLife, Inc. today announced it is among Fortune magazine’ s 2025 list of the“ World’ s Most Admired Companies.” The annual report card of the best-regarded companies included eight life insurers. MetLife, Inc., through its subsidiaries and affiliates, is one of the world’ s leading financial services companies, providing insurance, annuities, employee benefits…
Amalgamated Life Insurance Company, a leading provider of comprehensive insurance solutions and the flagship company of the Amalgamated Family of Companies, is excited to announce the appointment of Amanda Turcotte, FSA, MAAA, as the new Senior Vice President, Chief Actuary. In this key leadership role, Ms. Turcotte will oversee all actuarial functions,…
BOZEMAN, Mont., Jan. 29, 2025/ PRNewswire-PRWeb/– Today, Aspida Life Insurance Company, a life insurance and annuity company, and WealthVest, a financial services marketing and wholesaling firm, announced the introduction of four new indices to their WealthLock ® fixed index annuities portfolio, which were developed with BofA Securities, iShares ® by BlackRock,…
Aegon Ltd.’ s U.S. L/H companies are Transamerica Life Insurance Company and Transamerica Financial Life Insurance Company and referred to collectively as Aegon USA Group. AM Best expects Aegon USA to maintain its very strong balance sheet strength assessment in the near term, with a strong level of risk-adjusted capitalization, as measured by Best’ s Capital…
Document SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549————- FORM 11- K————————– THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILIATED COMPANIES PROFIT SHARING PLAN————- OLD REPUBLIC INTERNATIONAL CORPORATION 307 NORTH MICHIGAN AVENUE CHICAGO, ILLINOIS 60601 Total Pages: 17 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the…
Chubb Reports Fourth Quarter Per Share Net Income and Core Operating Income of $6.33 and $6.02, Respectively; Consolidated Net Premiums Written of $12.1 Billion, with Global P&C and Life Insurance Up 6.7% and 7.6%; P&C Combined Ratio of 85.7%; Record Full-Year Per Share Net Income of $22.70 and Core Operating Income of $22.51; Consolidated Net Premiums Written…
Brighthouse Financial, Inc. (NASDAQ: BHF) is one of today’s top gainers. The company’s shares have moved 16.6% on the day to $59.57. Brighthouse Financial, Inc. provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment offers variable, fixed, index-linked, and income annuities for […]
A recent study by Jackson National has found a vast underestimate by retirees and financial professionals of various retirement costs.
A North Carolina federal court appointed a special master team to unwind Greg Lindberg’s financial empire and reimburse his victims.