James Kenfack, financial analyst at AM Best and one of the authors of the report, said,“ AM Best expects life insurance savings products to continue to be favoured over banking alternatives over the next 12 months. Morgane Hillebrandt, associate director, analytics, added,“ AM Best has noted that diversification efforts in the segment have continued as insurers…
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Iowa widow claims premium-financed IUL plan jeopardized family farm
An Iowa widow has filed suit against two life insurers, alleging a complex estate-planning strategy using IUL left her family’s debt-free farmland at risk.
Redefining life insurance for a new era of trust and protection
Life insurance has existed in the U.S. for generations, but the dynamics around purchasing it are changing.
NEW YORK& MIAMI—- Agam Capital, a global leader in insurance-related asset and liability analytics, and 1823 Partners LLC, a differentiated asset management firm focused on insurance-first investment strategies, today announced that they have formed a long-term strategic partnership to serve global insurance companies. Anant Bhalla, Co-Founder and CEO of…
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of the life insurance subsidiaries of Western& Southern Financial Group, Inc.. The WSFG subsidiaries included in this rating unit are The Western and Southern Life Insurance Company, Western-Southern Life…
Principal Financial Group ® announced results for first quarter 2026.. RIS transfer deposits of $12 billion, up 35% Investment Management gross sales of $37 billion increased 21% International Pension record AUM of $160 billion increased 20% Specialty Benefits record sales of $213 million increased 24% Life Insurance business market premium and fees…
The Savings Bank Mutual Life Insurance Company of Massachusetts today announced pricing improvements and significant enhancements to its OmniTrak Term product, reinforcing its commitment to help financial professionals stay competitive, streamline the sales process, and deliver better client outcomes. For more information, visit OmniTrak 2026– SBLI…
Life insurance premium surges, but coverage is still falling short for many
Despite individual life insurance new annualized premium surging 10% in 2025, the fourth record-setting year in the past five, just…
Americans growing worry about running out of money has increased significantly over the last five years, according to the 2026 Annual Retirement Study* from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America. “Americans are well aware that preparing to fund a decades long retirement is a big undertaking,”…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of The Tokio Marine and Nichido Fire Insurance Company Limited. The outlook of these Credit Ratings is stable. The ratings also consider support from its parent, Tokio Marine& Nichido Fire Insurance Co., Ltd., which is the main insurance operating entity of Tokio…
2026 APR 22– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ ADVANTEDGE ANALYTICS” by CHRISTOPHER J. HUSSIN BOARDMAN& CLARK LLP, representing CMFG Life Insurance Company. This application was made available to the public…
AM Best has downgraded the Financial Strength Rating to A- from A and the Long-Term Issuer Credit Ratings to“ a-” from“ a” of American Southern Insurance Company, and its wholly owned and 100% reinsured subsidiary, American Safety Insurance Company. Additionally, AM Best has affirmed the FSR of A- and the Long-Term ICRs of“ a-” of Bankers Fidelity Life Insurance Company,…
Federated Mutual Insurance Company hosted its 122nd Annual Meeting of Policyholders on Tuesday, April 21, 2026, in Owatonna, Minnesota. Chairman, President and CEO Nicholas Lower presided over the meeting, reflecting on Federated's continued growth and commitment to its policyholders, employees, association partners, and the communities where its…
Life insurance tips: 5 underwriting concerns for clients living abroad
Advisors are increasingly asked how to structure life insurance for those whose careers, families, and finances span multiple countries.
Prudential extends Japan sales ban another 6 months at a total $1B loss
Prudential of Japan is not ready to resume sales after a 90-day ban following widespread misconduct, Prudential Financial CEO Andy Sullivan said Tuesday.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of The Wawanesa Mutual Insurance Company. At the same time, AM Best has affirmed the FSR of A and the Long-Term ICR of“ a” of Wawanesa Life Insurance Company. Both companies are domiciled in Winnipeg, Manitoba, Canada.
Life insurance for gig economy power earners: what advisors need to know
Just as anyone else, gig economy power earners need life insurance to replace income that would stop the moment they quit working.
Allianz Life Insurance Company of North America announced today that it is expanding its offering of accumulation-focused fixed index annuities to help Americans reach their retirement goals. “Our new accumulation FIA can help Americans who are working to increase their retirement assets but are worried about market volatility by balancing strong…
Milliman, Inc., a premier global consulting and actuarial firm, today announced the launch of two active exchange-traded funds that seek to meet the rising cost of U.S. healthcare. Both ETFs are advised by Milliman Financial Risk Management LLC, a global leader in financial risk management to the retirement savings industry, advising on approximately $242…
MONTPELIER, Vt.—- National Life Group released its 2025 Annual Report, which highlights the company’ s bigger, better, bolder approach to solid, steady and sustainable growth. “These results reflect the hard work and innovation of our people and position National Life Group among the top ten life insurance companies as ranked by LIMRA,” Chair, CEO and President Mehran…
