Life Insurance News

-For many people, the term“ well-being” may bring to mind a quiet walk outdoors or a trip to the gym. In fact, according to this year’ s from The Guardian Life Insurance Company of America ®, most Americans say that physical and mental health are essential or very important to their overall well-being. Safety and security and healthy relationships also rank highly as…

The Westaim Corporation is pleased to announce that“ AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of“ bbb+” to Ceres Life Insurance Company. Westaim is an integrated insurance and alternative asset management company with two primary operating businesses: Ceres Life and Arena. Ceres Life is led by Deanna Mulligan,…

New York Life today announced the launch of a new suite of Accident and Health insurance products, including Participant Accident, Business Travel Accident and specialized coverage for the association and affinity group sector. These products are designed to provide responsive protection across a range of scenarios, including involvement in…

Standard Insurance Company and Legacy Marketing Group ® today announced a strategic alliance and new joint venture with the debut of EclipseMark SM Single Premium Deferred Index Annuities, a simple way for clients to grow and protect their retirement assets. “We are pleased for the opportunity to work with The Standard, one of the most highly respected…

Protective Life Corporation a U.S. subsidiary of Dai-ichi Life Holdings, Inc., today announced the release of a new whitepaper based on proprietary research conducted by its principal subsidiary Protective Life Insurance Company in partnership with Greenwald Research. The research, conducted in fall 2024 and based on surveys of 1,000 consumers and 500…

AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of“ bbb+” to Ceres Life Insurance Company. The outlook assigned to these Credit Ratings is stable. The company’ s projected investment allocation is expected to reflect a diversified mix of primarily fixed income securities, managed by Arena Investors, LP, a subsidiary of The…

Group 1001 Insurance, a leading financial services company, today announced the promotion of Michael Bloom to Chief Legal Officer. Bloom will continue to serve as Chief Legal Officer and Secretary for Delaware Life Insurance Company, the group’ s flagship company. He will continue to report to Group 1001’ s Chief Executive Officer and President, Dan Towriss.

The Nassau Companies of New York announced today the upsize and pricing of its previously announced private offering of its 7.875% senior notes due 2030. The Nassau Companies of New York intends to use the net proceeds from the Offering for general corporate purposes and to repay in full all outstanding amounts under the existing term loan credit facility.

As a $90 trillion Great Wealth Transfer looms, more Americans say they are preparing to leave a financial legacy, yet fewer expect to receive one themselves.

Foresters Financial introduces Foresters Live Well Plus, a new participating whole life insurance product available through a single-session digital journey.

BetterLife — a member-owned, not-for-profit life insurance company — has launched Better Final Expense, an updated line of final expense products designed for a more streamlined approach to coverage.

Winged Keel Group today announced its continued national expansion with the acquisition of MBW Group and opening of its Minneapolis office. The new Winged Keel Minneapolis office will be led by Principals Jeffery W. Bird and David A. Wischmeier and comprised of a team of experienced client relationship managers and brokerage service professionals.

The Nassau Companies of New York announced today that it has commenced a private offering of $400 million aggregate principal amount of its senior notes due 2030, subject to market and other conditions. The Nassau Companies of New York intends to use the net proceeds from the offering for general corporate purposes and to repay in full all outstanding amounts…

AM Best has maintained its negative outlook on France’ s non-life insurance segment. In its new Best’ s Market Segment Report,“ Market Segment Outlook: France Non-Life Insurance”, AM Best states that non-life insurance growth prospects are expected to remain limited over the next months, tied to modest GDP growth expectations. Headquartered in the United States,…

The ratings of USAA and its P/C affiliates, together referred to as USAA Group, reflect its balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, very favorable business profile and appropriate enterprise risk management. USAA provides a diverse portfolio of products through its P/ C and L/ H insurers, as well as…

AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aaa” of New York Life Insurance Company, New York Life Insurance and Annuity Corporation, Life Insurance Company of North America, New York Life Group Insurance Company of NY and NYLIFE Insurance Company of Arizona. All companies are referred to as New York Life and…

LITTLETON— Bringing drive and foresight, Paul McGoldrick was a pivotal man at a critical time. Paul passed away in 2015 after quite a career in Littleton. He moved to Littleton in 1964 with New England Telephone.

Survivorship life insurance, often called “second-to-die life insurance,” covers two policyowners and pays a death benefit when both have died.

Allianz Investment Management LLC, a subsidiary of Allianz Life Insurance Company of North America and adviser to the AllianzIM exchange-traded funds, today announced the launch of two ETFs: the AllianzIM U.S. Equity Buffer100 Protection ETF and the AllianzIM U.S. Equity Buffer15 ETF. Built on AllianzIM’ s deep expertise in risk management, both AIOO and QBSF…