New York Life today announced the appointment of Braden Draggoo as the company’ s 2025 Council President, a once-in-a-career honor afforded to the top-ranking individual among the company’ s more than 12,000 advisors and agents. “We are proud to recognize Braden as Council President and celebrate his remarkable success,” said Sonali Virendra, senior vice…
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U.S. insurers remain optimistic about investment conditions for 2026, even as they anticipate a more challenging macroeconomic environment marked by higher inflation, liquidity risk and lower Fed interest rates, according to the new annual Conning Insurance Investment Risk survey.
Symetra Life Insurance Company announced several new enhancements to its suite of fixed indexed annuities, including new crediting strategies, improved certainty and flexibility, and the addition of the Franklin Large Cap Value 15% ER Index. Symetra Edge Elite, Symetra Edge Frontier and Symetra Edge Revolution are single-premium fixed indexed annuities…
Pacific Life agrees to a $58M settlement in California PDX class action
Anyone who purchased a Pacific Discovery Xelerator indexed universal life insurance policy in California between 2016 and 2019 could be eligible for a piece of a $58 million settlement.
AM Best is revising its outlook for Germany’ s non-life insurance segment to stable from negative. In addition, AM Best notes that Germany’s property insurance market remains subject to volatility in results due to its exposure to losses from extreme weather events. Headquartered in the United States, the company does business in over 100 countries with…
Brighthouse Financial, Inc. announced today its financial results for the fourth quarter and full year ended December 31, 2025. The company reported net income available to shareholders of $112 million in the fourth quarter of 2025, or $1.93 per diluted share, compared with net income available to shareholders of $646 million in the fourth quarter of 2024,…
Genworth Financial, Inc. today reported results for the quarter ended December 31, 2025. The prior quarter and prior year included pre-tax reserve releases of $45 million and $56 million, respectively Pre-tax net investment income of $69 million was up from $62 million in the prior year from higher yields and higher invested assets Primary insurance…
Mike Thompson is a homegrown politician seeking his 15th consecutive term in the U.S. House of Representatives, following eight years in the California Legislature. His most formidable Democratic primary challenger for California’ s 4th Congressional District, Eric Jones, is a political neophyte and recent Napa transplant trying to build name recognition.
IUL tax strategy at center of new lawsuit filed in South Carolina
A new lawsuit in South Carolina alleges that Pacific Life accepted more than $1 million in premium payments tied to an IUL policy after firing the agent.
National Life Group announced that Business Entrepreneurship Teacher, Jenora Haynes, was chosen by an independent panel of educators as the 2025-2026 National Life Group LifeChanger of the Year grand prize winner. Grand Prize Winner Jenora Haynes. Haynes teaches at Westbury High School, a Title 1 school, in Houston, Texas, where she introduced a DECA chapter to…
HARTFORD– An international life insurance company with offices in Bermuda, The Cayman Islands, New York and Connecticut is laying off 100 employees at its Hartford office. Talcott Resolution Life Inc. sent a notice to the Connecticut Department of Labor and Hartford Mayor Arunan Arulampalam Tuesday announcing that due to "a closing of certain functions in…
International life insurer to lay off over 100 in Hartford office
HARTFORD— An international life insurance company with offices in Bermuda, The Cayman Islands, New York and Connecticut is laying off 100 employees at its Hartford office. Talcott Resolution Life Inc. sent a notice to the Connecticut Department of Labor and Hartford Mayor Arunan Arulampalam Tuesday announcing that due to“ a closing of certain functions in…
The Life Insurers Council announced that Dierdre Woodruff, senior vice president of Puritan Life Insurance Company, will serve as chair of the LIC Advisory Board for 2026.
FINEOS Corporation, the global market leader in core systems for life, accident, and health insurance, today announced that National Life Group has chosen the FINEOS AdminSuite to modernize and automate its Living Benefit and Life Insurance claims operations. “As National Life Group continues to grow with purpose, we underwent an exhaustive search for a…
Securian Financial today announced that Kent Peterson has been promoted to senior vice president for Institutional Retirement Solutions. Kent Peterson, Securian Financial senior vice president for Institutional Retirement Solutions. Peterson joined Securian Financial in 1990 as an actuary and has built a career focused on retirement plan product…
Lincoln Financial today announced the launch of Lincoln WealthProtector℠ Indexed Universal Life, a new protection‑ focused indexed universal life insurance product designed to help clients safeguard their families and build long‑ term financial security. Lincoln WealthProtector℠ IUL, issued by The Lincoln National Life Insurance Company, is the newest…
Conning says insurers’ success in 2026 will depend on ‘strategic adaptation’
Experts at Conning Asset Management say insurers must remain strategically adaptive to stay ahead in 2026.
Bermuda tightens reinsurance regs, sees a decline in new entrants
Bermuda saw a decline in new life and annuity reinsurance entrants during 2025, but the country remains the dominant offshore hub for reinsurers.
The structural rise of structured products
Structured credit has shifted over the past decade.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of the U.S. life/health subsidiaries of Aegon Ltd.. Aegon Ltd.’ s U.S. L/H companies are Transamerica Life Insurance Company and Transamerica Financial Life Insurance Company both referred to as Aegon USA Group. Aegon USA has additional access to liquidity as a…
