Symetra Life Insurance Company, a stop loss pioneer and industry leader, announced a new critical illness step-down deductible endorsement that offers self-insured employers additional protection. As employers who self fund their health plans seek new ways to manage expenses, we saw an opportunity to enhance our stop loss policy with an endorsement that…
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Term life growth a bright spot in sluggish overall life insurance sales
Term life insurance recorded its sixth consecutive quarter of growth during Q2 in both premium and policy sales, according to LIMRA’s U.S. Life Insurance Sales Survey.
Consumer misunderstanding may contribute to life insurance coverage gap
A recent Corebridge life insurance survey finds that misunderstandings around cost could help explain the life insurance coverage gap.
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to Allianz Ayudhya General Insurance Public Company Limited. The outlook assigned to these Credit Ratings is stable. The company benefits from strong financial flexibility with access to capital markets through its listed parent holding company, Allianz Ayudhya…
It also said it sold to Chicago real estate investor and physician Sanjay Gandhi. Allstate confirmed the sale of 29 N. Wacker Drive in a statement to the Sun-Times on Friday.The insurance company bought the 10- story building from Sun Life Assurance of Canada for $29.7 million, property records show. “We no longer need this space alongside our existing Chicago…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” for the members of Unum Insurance Group. These companies are the core U.S. life/health insurance subsidiaries of Unum Group. In addition, AM Best has affirmed the Long-Term ICR of“ bbb+” and the Long-Term Issue Credit Ratings of Unum.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of DB Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect DBI’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favourable business profile and appropriate enterprise…
Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. i, has been honored by Datos Insights with a 2024 Insurance Technology Impact award for its Registered Index-Linked Annuity Digital Ecosystem. “We are honored to receive this recognition from Datos Insights, which highlights the work our teams have done to…
Chairman& Chief Executive Officer, Prudential Financial, Inc.. Analyst, Keefe, Bruyette& Woods, Inc.. Analyst, Keefe, Bruyette& Woods, Inc..
Legal& General has today released the latest edition of its Pension Risk Transfer Monitor, which analyses industry trends and market outlooks in the UK and US. The UK PRT market has completed an estimated £20 bn of buy-ins and buyouts in the year to date The US market experienced a record breaking first half, estimated at $26 bn Both markets are on track for one of…
Riemer& Braunstein LLP, a law firm specializing in the representation of financial institutions, life insurance companies, and debt funds in real estate and commercial transactions, announced that Simon Levenson has joined the firm as an associate in the firm’ s Tax Credit/Community Development Finance group, a national leader in this practice area.
Life insurance sales deliver strong rebound in second quarter, Wink finds
Second-quarter universal life sales increased by double digits compared to the previous quarter, Wink, Inc. reported.
Waterdrop Inc. Announces Second Quarter 2024 Unaudited Financial Results and a Special Cash Dividend. BEIJING, Sept. 4, 2024/ PRNewswire/– Waterdrop Inc., a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the three and six months ended June 30, 2024…
This award celebrates outstanding leadership, dedication, and impact within the financial advisory industry, recognizing individuals who exemplify the highest standards of excellence.
Carol Kheng, ChFC, assumes her role as MDRT’s 99th president and Aurora L. Tancock, CFP, FLMI, joins as secretary.
Distributed by Public, unedited and unaltered, on August 30, 2024 at 06:36: 20 UTC.
Securian Financial is expanding its commitment to the growing digital lending marketplace through a strategic partnership with Aven, a fintech company offering a consumer credit card backed by home equity— the Aven Home Card. “We are excited to partner with Aven, a leader in the digital lending space, to offer our debt protection solutions,” said Michael Dawson, a…
Letter from the Chairman of the Managing Board. We are the leading insurance group in Central and EasteEurope. Around 32 million customers in.
Letter from the Chairman of the Managing Board. We are the leading insurance group in Central and EasteEurope. Around 32 million customers in.
Benjamin Franklin once famously opined that nothing in the world could be certain but death and taxes. But when it comes to estate planning, how can you separate the certainty of the former from the burden of the latter? Permanent life insurance is something to consider.
