AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of“ bb” of Life Insurance Corporation B.S.C. (c). The outlook assigned to these Credit Ratings is stable. The ratings were placed under review with negative implications following the uncertainty regarding…
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ReliaStar Life Insurance Company of New York. Country of Domicile United States of America. Incorporated/Organized 06/11/1917 Commenced Business 09/18/1917.
Country of Domicile United States of America. Incorporated/Organized 09/15/1885 Commenced Business 09/15/1885. 5780 Powers Ferry Road, NW.
OF THE CONDITION AND AFFAIRS OF THE. Organized under the Laws of the State of PENNSYLVANIA State of Domicile or Port of Entry PENNSYLVANIA Country of Domicile U.S. Incorporated May 23 1967 Commenced Business September 1, 1967 Statutorv Home Office 100 Erie Insurance Place Erie, PA 16530. Main Administrative Office 100 Erie Insurance Place Erie, PA 16530…
AM Best is maintaining a stable outlook on Japan’ s non-life insurance industry, citing improved profitability in the fire insurance line and heightened regulatory oversight, which is driving industry reforms. The Best’ s Market Segment Report,“ Market Segment Outlook: Japan Non-Life Insurance”, notes that Japan’ s Financial Services Agency has increased…
Historically, we also operated in China through its subsidiaries and contractual arrangements with VIEs. On June 28, 2024, we exited the wealth management businesses in China by terminating the VIE arrangements with Hywin Wealth Management. Accordingly, our combined financial statements for the year ended June 30, 2024 were prepared excluding such PRC…
For the Quarter Ended March 31, 2025. This Management's Discussion and Analysis should be read in conjunction with the unaudited interim condensed consolidated financial statements for the three months ended March 31, 2025 and 2024. The financial information is presented in accordance with IFRS ® Accounting Standards, as they apply to life insurance…
Lawmakers are taking aim at a common problem for Illinois residents who seek mental health care— many therapists don’ t take private insurance. In Illinois and across the country, a number of therapists have stopped accepting private insurance, saying health insurers don’ t reimburse them enough money for their services and force them to jump through too many…
California court to decide whether lapse law applies to out-of-state policies
The California Supreme Court is tackling the thorny question of whether the state’s life insurance lapse laws apply to policies that originated in other states.
It is designed to provide clients with a blend of accumulation potential, income distribution and protection features.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Halyk-Life, Life Insurance Subsidiary Company of the Halyk Bank of Kazakhstan, JSC. The ratings also factor in Halyk-Life’ s exposure to high levels of economic, political and financial system risks associated with Kazakhstan, where the company is domiciled,…
It is the second product available as part of the company’ s new Elite Indexed Universal Life Portfolio issued by The Lincoln National Life Insurance Company. “The opportunity to benefit from high early cash value is a powerful tool for businesses and individuals looking for accumulation and cash value growth while maintaining a valuable balance sheet,” said…
6 steps to successful IUL sales
Here is what I’ve learned during my tenure in the insurance business, including some practical tips for you to start applying today.
Having led the American Council of Life Insurers for seven years, I'm proud of the role life insurers play in protecting families and providing long-term investments that help build a robust economy. Right now, 1.4 million people across Oklahoma have life insurance coverage, and every year, life insurers pay out $2.2 billion in life and retirement benefits to…
Having led the American Council of Life Insurers for seven years, I'm proud of the role life insurers play in protecting families and providing long-term investments that help build a robust economy. Right now, 1.4 million people across Oklahoma have life insurance coverage, and every year, life insurers pay out $2.2 billion in life and retirement benefits to…
AM Best has downgraded the Financial Strength Rating to A- from A and the Long-Term Issuer Credit Rating to“ a-” from“ a” of Leaders Life Insurance Company. These rating actions follow the sale of Leaders Life to Truss Peak Holdings LLC and its affiliates, through their subsidiary, TPH Insurance Hold Co LP, which closed on May 1, 2025. Prior to the sale, Leaders Life was a…
Financial and Operating Results Supplementary Financial Information Sun Life Financial Inc. For the period ended March 31, 2025 SUPPLEMENTARY FINANCIAL INFORMATION TABLE OF CONTENTS. Note to Readers: Restated Results on Adoption of IFRS 17 and IFRS 9 Sun Life Financial Inc. adopted IFRS 17 Insurance Contracts and IFRS 9 Financial Instruments on January…
A leading global financial services organization. Year-to-date at March 31, 2025. 1 Represents a Non-IFRS financial measure; Refer to the Non-IFRS Financial Measures section in the appendix to these slides and in our MD&A for the period ended March 31, 2025.
We manage our operations and report our financial results in five business segments: Asset Management, Canada, United States, Asia, and Corporate. The information in this document is based on the unaudited interim financial results of SLF Inc. for the period ended March 31, 2025 and should be read in conjunction with the interim management's discussion and…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of Aetna Life Insurance Company and the other members of Aetna Health& Life Group, which are operating entities of Aetna Inc. and wholly owned subsidiaries of CVS Health Corporation. Allina Health is a joint venture subsidiary with subsidiaries of Aetna.
