Interest rates, AI usage among factors to drive whole life insurance growth
LIMRA discusses the factors that will drive life insurance growth, as well as some challenges for carriers and agents.
News, trends, sales data, and helpful peer advice for life insurance professionals, including insurance agents.
LIMRA discusses the factors that will drive life insurance growth, as well as some challenges for carriers and agents.
–Nidhi Bhawsar PUNE, MAHARASHTRA, INDIA, September 30, 2024/ EINPresswire.com/– According to HTF Market Intelligence, the Global Burial Insurance market to witness a CAGR of 7.19% during the forecast period. The Latest Released Burial Insurance Market Research assesses the future growth potential of the Burial Insurance market and provides information and…
–The Penn Mutual Life Insurance Company is pleased to announce that the Penn Mutual Board of Trustees has approved a record $265 million dividend award in 2025 to participating policyholders. Dividends are a key measure of a mutual company’s performance, and our dividend history remains one of the strongest and most consistent in the industry.
Returning value to policyowners who hold Northwestern Mutual insurance products is an annual tradition for the company, which has paid a dividend every year since 1872. 1. Northwestern Mutual’s 2025 dividend is expected to surpass its 2024 payout by more than $800 million and adds to an overall total now more than $160 billion. "This historic dividend payout…
This strategic partnership will bring TDC under the Vanbridge Life& Executive Benefits umbrella and significantly enhance EPIC’ s market presence in the life insurance industry. With a legacy dating back to 1958, TDC has a rich history of excellence in life insurance. Under the visionary leadership of Cleves Delp, TDC has set the standard among independent…
The American Council of Life Insurers elected its new chair, officers and board of directors during the 2025 ACLI Annual Conference in Chicago.
This preliminary prospectus supplement and the accompanying prospectus are not an offer to sell these securities and they are not soliciting an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. Subject to completion, dated October 1, 2024$ F&G Annuities& Life, Inc.% Senior Notes due 20 We are offering$ aggregate…
A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission. Subject to Completion, dated October 1, 2024. Prospectus Supplement to Prospectus dated January 28, 2022.
BELLEVUE, Wash.& WASHINGTON—- Symetra Life Insurance Company today announced a new initiative between its Retirement Division and the Insured Retirement Institute that will focus on understanding and advancing allyship in the financial services industry. The research agreement was unveiled by Andrew Farrell, senior vice president, Retirement Sales and…
New York Life today announced a $100,000 donation to SCAN Harbor, the largest youth service provider in Harlem, East Harlem and the South Bronx, through the Company’ s Strikeout Series partnership with the New York Yankees. Heather Nesle, president of the New York Life Foundation, Dominick Kortkamp, managing partner of the Manhattan General Office and Cyrielle…
Security Benefit Life Insurance Company today introduced the TopRidge Bonus Annuity that delivers a combination of a 20% premium bonus, a broad set of index crediting strategies, and a cumulative withdrawal option. “We are excited to offer the new TopRidge Bonus Annuity which is packed with features to help financial professionals jumpstart the…
The implementation accelerates HGR's complete core transformation for Life& Pensions. Uxbridge, UK, September 30, 2024- Sapiens International Corporation,, a leading global provider of software solutions for the insurance industry, announced today that South Africa's Hollard Group Risk, a division of Hollard Life Insurance Company Limited, has gone live…
Cigna Health and Life Insurance Company allegedly failed to reimburse employees for required business expenses. TULARE, Calif., Sept. 28, 2024/ PRNewswire-PRWeb/– The Los Angeles employment law attorneys, at Blumenthal Nordrehaug Bhowmik De Blouw LLP, filed a class action complaint alleging that Cigna Health and Life Insurance Company violated the…
U-Haul Holding Company, parent of U-Haul International, Inc., North America’ s largest“ do-it-yourself” moving and self-storage company will participate in the 10 th Annual Evercore ISI Storage Symposium in New York City on Tuesday, October 1, 2024. U-Haul Holding Company is the parent company of U-Haul International, Inc., Oxford Life Insurance Company,…
Jackson was recognized for its outstanding associate volunteerism in 2023, where 48% of associates participated in volunteer opportunities throughout the year. Jackson has long valued a culture of philanthropy and in 2023, Jackson established a first ever, firm-wide goal to achieve 30% of its approximately 3,840 associates participating in volunteer…
Zinnia, a leading life& annuity insurance technology services company, and LPL Financial announced today a strategic relationship providing LPL’ s network of more than 23,000 financial advisors a simplified way to find, recommend, fulfill, and service life insurance for their clients. *As reported by Financial Planning magazine, 1996-2023, based on total…
As open enrollment season for employees across the U.S. begins, a new survey from New York Life’s Group Benefit Solutions highlights the crucial role of supplemental health insurance in employees’ financial well-being and overall peace of mind. "Our survey has identified a strong link between supplemental health benefits and employees’ sense of financial…
AM Best will lead a session focused on strong trends in the annuity market at the American Council of Life Insurers Annual Conference, which takes place, Sept. 25-27, 2024, in Chicago. Ken Frino, managing director, and Michael Porcelli, senior director, both of AM Best, will deliver the presentation, titled,“ Annuity Market Soars- New Entrants Bring Capacity and…
Following recent market volatility, the majority of Americans want to reduce risk in their financial strategy and bolster their portfolio against future volatility, according to the 2024 Q3 Quarterly Market Perceptions Study* from Allianz Life Insurance Company of North America. Many Americans are addressing the risk of market volatility in their…
The National Association of Insurance and Financial Advisors presented NAIFA’s Defender of Financial Freedom Award to Susan Neely, president and CEO of the American Council of Life Insurers.