Primerica, Inc. today announced financial results for the quarter ended September 30, 2024. The Company recorded a remeasurement gain of $28.2 million in the Term Life segment and a remeasurement loss of $5.2 million in the Corporate and Other Distributed Products segment. On September 30, 2024, the Company exited its senior health business by permanently…
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Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick& Foti, LLC, announces that KSF has commenced an investigation into Lincoln National Corporation. About Kahn Swick& Foti, LLC. KSF has offices in New York, Delaware, California, Louisiana and New Jersey.
Financial and Operating Results Supplementary Financial Information. Sun Life Financial Inc. For the period ended September 30, 2024. Sun Life Financial Inc. adopted IFRS 17 Insurance Contracts and IFRS 9 Financial Instruments on January 1, 2023.
Sun Life Financial Inc., its subsidiaries and, where applicable, its joint ventures and associates are collectively referred to as "the Company", "Sun Life", "we", "our", and "us". We manage our operations and report our financial results in five business segments: Canada, United States, Asset Management, Asia, and Corporate. The information in this document is based on the…
Jackson National Life Insurance Company, the main operating subsidiary of Jackson Financial Inc. 2, today announced it is partnering with JPMorganChase to offer its registered index-linked annuity, Jackson Market Link Pro II ®, to the approximately 5,000 financial professionals at J.P. “We are proud to expand our partnership with JPMorganChase, a premier…
STATEMENT AS OF SEPTEMBER 30, 2024 OF THE RiverSource Life Insurance Company. Mortgage loans on real estate:. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE RiverSource Life Insurance Company.
SUN LIFE FINANCIAL INC. AND SUN LIFE ASSURANCE COMPANY OF CANADA. This Policy establishes the standards and processes for determining the independence of individuals who serve or may serve on the boards of directors of Sun Life Financial Inc. and Sun Life Assurance Company of Canada. Whenever used in this Policy, "the Corporation" refers to Sun Life Financial…
Massachusetts Mutual Life Insurance Co. will deliver a 2025 dividend of more than $2.5 billion, the largest in company history.
Massachusetts Mutual Life Insurance Company has announced that 2025 will mark the 157 th consecutive year that the company will pay an annual dividend to its eligible participating policyowners. “Our 2025 record dividend payout reflects our unwavering commitment to delivering consistently strong performance and enduring value to our policyowners,”…
The overall effect of U.K. solvency reforms due to be set out in November will be beneficial to U.K. insurers, according to a new report from AM Best. AM Best’ s commentary discusses the likely impact of the revised rules on insurers in the United Kingdom and looks at some revisions being considered by European Union authorities to the Solvency II framework.
Brookfield Asset Management Letter to Shareholders. Fee-bearing capital grew to $539 billion, an increase of nearly $100 billion or 23% year-over-year, which benefitted from $135 billion of inflows over the last 12 months, growth in our public affiliates, and the acquisition of partnership stakes in leading partner managers. renewable power, nuclear energy,…
ShelterPoint Group, Inc., the holding company of ShelterPoint Life Insurance Company and its wholly-owned subsidiary, ShelterPoint Insurance Company, has been acquired by Protective Life Insurance Company… BIRMINGHAM, Ala., Nov. 1, 2024/ PRNewswire-PRWeb/– ShelterPoint Group, Inc., the holding company of ShelterPoint Life Insurance Company and its…
Protective Life Corporation, a U.S. subsidiary of Dai-ichi Life Holdings, Inc., is proud to announce that its principal subsidiary, Protective Life Insurance Company, completed the acquisition of ShelterPoint Group, Inc., the holding company of ShelterPoint Life Insurance Company and its wholly owned subsidiary ShelterPoint Insurance Company.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of KB Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. The ratings also reflect the support that the company receives from its parent, KB Financial Group Inc. and its strategic importance to KB Group.
Not including subsidiaries, the life insurance and financial services company maintains about 2,721 employees companywide, with 2,371 of them based in downtown St. Paul as of September. The 58 impacted employees represent a broad cross section of the company, which has offices throughout the U.S. and Canada, and are not all in St. Paul, said Jeff Bakken, a company…
Carmel, Ind., October 31, 2024- CNO Financial Group, Inc. today reported net income of. $9.3 million, or $0.09 per diluted share, in 3 Q24 compared to $167.3 million, or $1.46 per diluted share, in 3 Q23. Significant items positively impacted both net income and net operating income by $18.8 million, or $0.17 per diluted share, in 3 Q24 compared to $16.9 million, or $0.14 per…
AM Best has downgraded the Financial Strength Rating to A+ from A++ and the Long-Term Issuer Credit Ratings to“ aa” from“ aa+” of Auto-Owners Insurance Company and its four wholly owned property/casualty companies that comprise Auto-Owners Insurance Group. At the same time, AM Best has upgraded the Long-Term ICRs to“ a+” from“ a” and affirmed the FSR of A of California…
Corebridge Financial and Miami-Dade County Public Schools are commemorating one of the earliest implementations of a 403 retirement plan in a public school, dating back to 1964. The Variable Annuity Life Insurance Company, a Corebridge Financial company, issued a 403 plan sixty years ago this month to a teacher at Coral Gables Elementary who enrolled at $25…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of Health Care Service Corporation, a Mutual Legal Reserve Company and its subsidiaries. Furthermore, HCSC has demonstrated strong financial flexibility through its access to Federal Home Loan Bank of Chicago advances, its bank lines of credit and its…
U.S. Businesses| AOI of $1.108 B. For business segment definitions, please refer to Prudential Financial, Inc.' s Annual Report on Form 10‐ K and Quarterly Reports on Form 10- Q. Highly liquid assets predominantly include cash, short-term investments, U.S. Treasury securities, obligations of other U.S. government authorities and agencies, and/or foreign…
