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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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23e Conférence annuelle sur les services financiers canadiens de la Financière Banque Nationale Présentation PDF (en anglais seulement)

March 26, 2025

Presentation of the holding company, non-IFRS financial measures, other measures and clarifications on adjusted net asset value. The Corporation's reportable segments include Great-West, IGM Financial and GBL, which represent the Corporation's investments in publicly traded operating companies, as well as the holding company. Management uses these…

Somerset Reinsurance Announces the Appointment of Danish Iqbal as CEO

March 26, 2025

Somerset Reinsurance Ltd., a leading reinsurer for life insurance and annuity companies, today announced the appointment of Danish Iqbal as the company’s new Chief Executive Officer, effective April 30. Mr. Iqbal succeeds Jeff Burt who, as announced yesterday, will become co-CEO of Aquarian Insurance Holdings, the holding company for Somerset Re.

March 26, 2025
Image shows a paper bill and the letters RBC
Should life insurance companies be permitted to publicize their RBC ratio?

State regulators want insurers to downplay key financial strength figure

State insurance regulators resumed discussions Tuesday on a proposal to make a key measure of insurance companies’ financial health confidential.

U.S. Pension Risk Transfer Market Size to Hit $102.38 Billion by 2030 – Arizton

March 25, 2025

"U.S. Pension Risk Transfer Market Research Report by Arizton". According to Arizton's latest research report, the US pension risk transfer market is growing at a CAGR of 12.76% during 2024-2030.. Market Segmentation: Transaction, Plan Size, and Region.

Notice of Annual Meeting of common shareholders and Management information circular

March 25, 2025

Notice of annual meeting of common shareholders. Notice of our 2025 annual meeting…………………………………………………………………………. 4. •Delivery of meeting materials…………………………………………………………………………………………. 5……….

Proxy Statement (Form DEF 14A)

March 25, 2025

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 SCHEDULE 14 A INFORMATION Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Check the appropriate box: ATLANTIC AMERICAN CORPORATION Payment of Filing Fee: ATLANTIC AMERICAN CORPORATION 4370 Peachtree Road, N.E. Atlanta, Georgia 30319-3000 NOTICE OF ANNUAL…

Japan’s Largest Life Insurer, Nissay, funds Lazarus AI via AllegisNL Capital

March 25, 2025

AllegisNL Capital is a venture capital fund supported by Nippon Life Group, investing in innovative companies at the intersection of technology and insurance or adjacent industries. AllegisNL Capital expects Lazarus AI’s technology to further expand its reach into the Japanese insurance market where Nippon Life Insurance Company, Japan’ s leading life…

Allianz Life Study Finds Inflation and Tariffs Increasingly Worrying Americans

March 25, 2025

Americans are increasingly worried about inflation and new tariffs increasing their cost of living, according to the 2025 Q1 Quarterly Market Perceptions Study* from Allianz Life Insurance Company of North America. Most Americans are expecting inflation to get worse with 71% saying they expect inflation will get worse over the next 12 months.

Preliminary Proxy Statement (Form PREC14A)

March 25, 2025

PRELIMINARY PROXY STATEMENT SUBJECT TO COMPLETION- MARCH 25, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14 A Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Genworth Financial, Inc. PRELIMINARY PROXY STATEMENT SUBJECT TO COMPLETION- MARCH 25, 2025 Our Values in Action in 2024 Make it…

March 25, 2025
2024-individual-life-insurance-premium-sets--sales-record

LIMRA: 2024 life insurance premium sets $15.9B sales record

Annualized individual life insurance in 2024 set a sales record for the 4th consecutive year, according to LIMRA’s survey results.

Majesco Announces Participation in LIMRA 2025: Showcasing Cutting-Edge Innovations in Insurance Technology

March 25, 2025

Majesco, a global leader of cloud insurance solutions for insurance business transformation, is excited to announce its participation at the 2025 LIMRA Life Insurance and Annuity Conference, taking place from March 31 st to April 2 nd at the Hilton New Orleans Riverside in New Orleans, LA. With a bold theme of‘ Dare to Innovate,’ Majesco is committed to…

Proxy Statement (Form DEF 14A)

March 25, 2025

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14 A Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Filed by the Registrant ý Filed by a Party other than the Registrant o March 25, 2025 Dear Fellow Shareholder, You are cordially invited to attend the Arch Capital Group Ltd. 2025 Annual General…

March 25, 2025

How to address ‘it’s too expensive’ without discounting your value

“It’s too expensive” is an objection that often has nothing to do with money.

March 25, 2025
The word "Reinsurance" against a background of charts and graphs showing economic activity. Critics-multiply-as-state-regulators-attempt-to-rein-in-offshore-reinsurance.

Critics multiply as state regulators attempt to rein in offshore reinsurance

Regulators are trying to get a handle on offshore reinsurance once investment firms took an ownership stake and deals boomed.

Proxy Statement (Form DEF 14A)

March 24, 2025

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14 A Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Filed by the Registrant☒ Filed by a party other than the Registrant☐ Check the appropriate box: BROWN& BROWN, INC. Payment of Filing Fee: "In 2024 we grew our total revenues to over $4.8 billion, driven.

Symetra Names Ravi Agadi Vice President, Platform Partnerships for Workforce Benefits

March 24, 2025

Symetra Life Insurance Company today announced the appointment of Ravi V. Agadi as vice president, Platform Partnerships, for Workforce Benefits. Mr. Agadi brings to this new role over 25 years of experience spanning insurance, management and M&A consulting, IT, and publishing. Mr. Agadi is a member of the LIMRA Data Exchange Standards Committee.

Lincoln Financial Launches First Product in New Elite Indexed Universal Life Portfolio

March 24, 2025

Today, Lincoln Financial launched Lincoln WealthBuilder SM IUL, the first product in a planned suite of Indexed Universal Life issued by The Lincoln National Life Insurance Company. “According to Lincoln research, 88% of consumers surveyed want solutions that offer growth and 69% want an equal mix of growth and protection 1– and our recent and new product…

Greenwood Launches New Initiatives to Boost Spending at Black-Owned Businesses and Expand Access to Loans for Black Entrepreneurs Following Announcement of Dave Cotter as New CEO

March 24, 2025

Greenwood, the digitally-native financial platform dedicated to the Black community, has launched two programs designed to build wealth within the Black community cooperatively. Currently piloting in Atlanta with Café Bartique, Kitchen Cray, and The Hidden Gym, the program not only generates revenue for local entrepreneurs but also creates new…

Should your living trust be named as the beneficiary of your life insurance policy?

March 23, 2025

Should you name your living trust as the beneficiary of your life insurance policy? Advantages of Naming Your Trust. If your primary beneficiary is incapacitated or has special needs, directing proceeds through a properly structured trust can preserve eligibility for government benefits like Social Security and Medicaid programs, while still providing…

FAMILY SECURITY

March 22, 2025

According to LIMRA, more U.S. adults are relying on employer-sponsored life insurance. Some employers only offer a $10, 000$ 20,000 policy which basically covers funeral expenses so themajority of the insurance will have to fall on the individual. For instance, if you make $50,000 per year, you should carry $500,000 worth of life insurance to protect your family…

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