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Life Insurance News

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News, trends, sales data, and helpful peer advice for life insurance professionals, including insurance agents.

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AM Best Removes From Under Review With Negative Implications, Affirms Credit Ratings of Life Insurance Corporation (International) B.S.C. (c)

May 14, 2025

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…

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK – 1st QUARTER FINANCIALS 2025

May 14, 2025

ReliaStar Life Insurance Company of New York. Country of Domicile United States of America. Incorporated/Organized 06/11/1917 Commenced Business 09/18/1917.

RELIASTAR LIFE INSURANCE COMPANY – 1st QUARTER FINANCIALS 2025

May 14, 2025

Country of Domicile United States of America. Incorporated/Organized 09/15/1885 Commenced Business 09/15/1885. 5780 Powers Ferry Road, NW.

2025 Q1 – Erie Family Life Insurance Company

May 14, 2025

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…

Best’s Market Segment Report: AM Best Maintains Stable Outlook on Japan Non-Life Insurance Segment

May 13, 2025

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…

Annual Report for Fiscal Year Ending June 30, 2024 (Form 20-F)

May 13, 2025

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…

Shareholders' Report (q1 2025 shareholders report)

May 13, 2025

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…

It can be difficult to find therapists who take health insurance in Illinois. Lawmakers are considering a bill to change that.

May 13, 2025

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…

May 13, 2025
Image shows text of the California lapse laws.
The California Supreme Court will review whether the state’s life insurance lapse protection laws apply to policies originally issued in other states.

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.

AuguStar Life launches Virtus IUL III

May 12, 2025

It is designed to provide clients with a blend of accumulation potential, income distribution and protection features.

AM Best Affirms Credit Ratings of Halyk-Life, JSC

May 12, 2025

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,…

Lincoln Financial Expands Elite Indexed Universal Life Portfolio With New Early Cash Value Product

May 12, 2025

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…

May 12, 2025

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.

Keep life insurance companies protecting families

May 11, 2025

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…

Frank Keating: Let’s keep life insurance companies protecting families

May 11, 2025

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 Downgrades Credit Ratings of Leaders Life Insurance Company; Places Credit Ratings Under Review With Developing Implications

May 9, 2025

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…

Information financière supplément (pa e q125 finsupp)

May 8, 2025

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…

Investor presentation (pa e q125 investor presentation)

May 8, 2025

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.

Earnings news release (pa e q125 earnings)

May 8, 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 Affirms Credit Ratings of CVS Health Corporation’s Aetna Inc. Subsidiaries

May 8, 2025

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.

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