Life Insurance News

Despite another year of elevated catastrophe losses, U.S. property/casualty insurers generated high investment returns and were able to exceed their cost of capital in 2024, according to new AM Best report. Despite experiencing two major hurricanes, severe convective storms and winter weather events in 2024, the P/C industry recorded an underwriting…

PAWLET— The insurance company that had provided coverage for a Pawlet man who was part of a triple homicide at his home last fall, is asking the federal court in Vermont to intercede on how to handle the money earmarked for the accused killer. The son might normally be entitled to about $258,000 in life insurance proceeds from a routine death of his father, but…

Operating and Financial Review and Prospects. We benefit from the rapid development of healthcare and insurance industries, in particular health and life insurance industry, in China. Meanwhile, we operate in a highly regulated industry in China, and the regulatory regime continues to evolve.

Provides global investment solutions to institutional, retirement, retail, and high net worth investors in the U.S. and select emerging markets. Investment Management, provides public, multi-asset, and private market capabilities across all asset classes, including equity, fixed income, real estate and alternatives, to serve a breadth of client investment…

AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb” and the Egypt National Scale Rating of aaa.EG of Misr Life Insurance Company. MLIC is the life insurance subsidiary of Misr Insurance Holding Company. AM Best considers the quality of MLIC’s assets to be weak given its concentration in Egypt, which exposes the…

AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Ratings of“ bb+” of Germania Farm Mutual Insurance Association and its subsidiaries: Germania Fire& Casualty Company, Germania Insurance Company and Germania Select Insurance Company. Collectively, these…

–The Guardian Life Insurance Company of America ® today reported strong financial results in The 2024 Guardian Annual, continuing to build on its legacy of financial strength and delivering consistent growth for policyholders through a robust business strategy and disciplined risk management. Record operating income: Driven by robust investment…

Originally published on Aflac Newsroom. COLUMBUS, Ga., April 24, 2025/ CSRwire/— April is National Cancer Prevention and Early Detection Month, a time to emphasize the importance of preventive health care and the value of early detection. Key findings from the third annual Wellness Matters Survey 1 released by Aflac, the leading provider of supplemental health…

OPERATING AND FINANCIAL REVIEW AND PROSPECTS The following discussion of our financial condition and results of operations should be read in conjunction with our audited consolidated financial statements as of December 31, 2024 and 2023 and for each of three years in the period ended December 31, 2024, 2023 and 2022 and the notes thereto, included…

Advice& Wealth Management delivered continued organic growth generating pretax adjusted operating earnings of $792 million, up 4 percent, with a margin of 29 percent, driven by strong core business performance, which was partially offset by the expected lower spread revenue. Total client assets grew 7 percent to $1.0 trillion, with strong client flows of…

Nearly two in three Americans (64%) worry more about running out of money than death, according to the 2025 Annual Retirement Study from the Allianz Center for the Future of Retirement, part of Allianz Life.