Lincoln Financial today reported financial results for the third quarter ended September 30, 2024. Net income available to common stockholders was$ million, or$ per diluted share. Adjusted operating income available to common stockholders was $358 million, or $2.06 per diluted share. The primary differences between net income and adjusted operating income…
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Prudential Financial, Inc. today reported third quarter results. Net income attributable to Prudential Financial, Inc. was $448 million for the third quarter of 2024, compared to a net loss of $802 million for the third quarter of 2023. The Company’ s ongoing operations include PGIM, U.S. Businesses, International Businesses, and Corporate& Other.
Chubb Reports Third Quarter Per Share Net Income and Core Operating Income of $5.70 and $5.72, Up 15.2% and 15.6%, Respectively, with P&C Underwriting and Net Investment Income Both Up Double-Digit; Global P&C and Life Insurance Net Premiums Written were Up 8.5% and 10.6%, in Constant Dollars. Overseas General was up 4.9%, or 7.5% in constant dollars, with growth…
Generally Accepted Accounting Principles Our traditional U.S. life insurance companies are Provident Life and Accident Insurance Company, Unum Life Insurance Company of America, The Paul Revere Life Insurance Company, Colonial Life& Accident Insurance Company, Provident Life and Casualty Insurance Company, First Unum Life Insurance Company, Unum…
North American Company for Life and Health Insurance ®, an A+ rated carrier 3 and member company of Sammons ® Financial Group and one of the largest issuers of fixed index annuities in the U.S. 1, is partnering with AMS Financial Services Group, a long serving financial solutions provider. “AMS Financial Solutions Group is thrilled to have collaborated with…
Many Americans lack a plan for how they will draw from their retirement savings for income in retirement and worry about the funds lasting for their lifetime, according to the 2024 Annual Retirement Study* from Allianz Life Insurance Company of North America. “If you don’ t know how you will draw from your retirement assets for income, then you aren’ t ready to retire,”…
CB Insights today named Micruity, Inc. to its seventh annual Fintech 100, showcasing the 100 most promising private fintech companies in the world. “The 2024 Fintech 100 winners are high-momentum companies shaping the future of financial services,” said Laura Kennedy, Principal Analyst at CB Insights.“ Unsurprisingly, this year’ s cohort is deploying AI across a…
Symetra Life Insurance Company announced that Fortune ® magazine and Great Place to Work ®, the global authority on workplace culture, have recognized Symetra on the 2024 Fortune Best Workplaces for Women™ List. To determine the Best Workplaces for Women, Great Place To Work analyzed the survey responses of over 600,000 women who work for Great Place To Work…
With lives saved, Hancock expands its longevity view of life insurance
Kelley King thought taking a test offered by his life insurance company would qualify him for a premium discount. Instead, it saved his life.
Oct. 26—{ p dir= "ltr"}{ span} More than 500 Granite Staters who are retired or close to it came to the Silver Linings Expo at Manchester Community College on Saturday looking for information and answers to problems that plague people in their 60 s, 70 s and beyond.{/ span}. {p dir= "ltr"}{ span} "If I can help just one family to understand how important long-term care planning is," said…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the life/health insurance subsidiaries of Manulife Financial Corporation. Concurrently, AM Best has affirmed the Long-Term ICR of“ a-” and the Long-Term Issue Credit Ratings of MFC. The company took steps in late 2023 and early 2024 to de-risk its book of…
MX” from“ a.MX” of Insignia Life S.A. de C.V.. On Oct. 17, 2024, MAPFRE announced that all required administrative authorizations had been obtained, and the acquisition of 94.5% of the share capital of Proyecto Insignia, S.A.P.I. DE C.V., the holding company of Insignia, had been completed. Insignia was established in Mexico City in 2008, as a life insurance company that…
Provides retirement and related financial products and services primarily to businesses, their employees, and other individuals including full service accumulation, banking, trust and custodial services, individual variable annuities, pension risk transfer, investment only, individual fixed annuities, and all of the Institutional Retirement& Trust…
AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a” from“ a-” of Guarantee Trust Life Insurance Company. In addition, AM Best has revised the outlook of these Credit Ratings to stable from positive. The ratings reflect Guarantee Trust Life’ s balance sheet strength, which AM Best assesses as strongest, as well as…
Originally published on Aflac Newsroom. Yet, 3 in 5 Americans report having avoided common recommended health screenings, according to the 2024 Aflac Wellness Matters Survey. 1 Respondents who have received a cancer diagnosis were more likely to have avoided common health screenings than those who have not, underscoring the importance of regular…
Federman& Sherwood investigates Landmark Admin, LLC for data breach. On October 23, 2024, Landmark filed notice of a data breach with the Attorney General of Maine. Landmark is a third-party administrator for insurance carriers, including Liberty Bankers Insurance Group which includes American Monumental Life Insurance Company, Pellerin Life Insurance…
U-Haul Holding Company, the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, plans to report its second quarter fiscal 2025 financial results after the close of market trading on Wednesday, November 6, 2024. U-Haul Holding Company is the parent company of U-Haul…
Seritage Growth Properties, a national owner and developer of retail, residential and mixed-use properties, today announced that on October 23, 2024, the Company has made a voluntary prepayment of $25 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska. With the prepayments, the Company has…
The company completed its annual actuarial assumption update in the quarter, which resulted in an unfavorable after-tax impact of $74 million or $0.73 per share. In addition, adjusted operating after-tax results included severance expenses of $19 million in the third quarter of 2024 and $43 million on a year-to-date basis. Advice& Wealth Management…
A pair of buildings that a late LaVilla folk artist turned into his eclectic version of the Smithsonian Institution would be protected as historic landmarks under legislation advancing through Jacksonville City Council. The Whetstonian Building at 801 N. Jefferson St. and the neighboring Atlanta Life Insurance Co. Building at 821 N. Jefferson St. would be…