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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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Senior Life Insurance Company Named 7th Fastest-Growing Life Insurer in America

March 5, 2025

THOMASVILLE, GA- March 05, 2025- Senior Life Insurance Company, a leading provider of final expense life insurance, has been recognized as the 7th fastest-growing life insurance company in America for Q3, 2024. "Our commitment to helping families plan for final expenses has driven our success," said Ron Powell, CEO and President at Senior Life Insurance Company.

March 5, 2025
Image showing multiple fever graphs, with the logos for Securian Financial and Inslyft overlapping. Securian-and-InsLyft-launch-innovative-Hindsight-index.

Securian and InsLyft launch innovative Hindsight Indexed Account

Hindsight Indexed Account offers policyholders greater diversification by including three reference indices.

Kansas City Life: Q4 Earnings Snapshot

March 4, 2025

—KANSAS CITY, Mo.— Kansas City Life Insurance Co. on Tuesday reported a loss of $12.6 million in its fourth quarter. The Kansas City, Missouri- based company said it had a loss of $1.30 per share. For the year, the company reported a loss of $5 million, or 51 cents per share.

Brooke Life Insurance Company 2024 annual statutory statement

March 4, 2025

ANNUAL STATEMENT FOR THE YEAR 2024 OF THE BROOKE LIFE INSURANCE COMPANY. ANNUAL STATEMENT FOR THE YEAR 2024 OF THE BROOKE LIFE INSURANCE COMPANY. ANNUAL STATEMENT FOR THE YEAR 2024 OF THE BROOKE LIFE INSURANCE COMPANY.

Jackson National Life Insurance Company of New York 2024 annual statutory statement

March 4, 2025

JACKSON NATIONAL LIFE INSURANCE CO. OF NEW YORK. ANNUAL STATEMENT FOR THE YEAR 2024 OF THE JACKSON NATIONAL LIFE INSURANCE CO. OF NEW YORK. ANNUAL STATEMENT FOR THE YEAR 2024 OF THE JACKSON NATIONAL LIFE INSURANCE CO. OF NEW YORK.

Jackson National Life Insurance Company 2024 annual statutory statement

March 4, 2025

JACKSON NATIONAL LIFE INSURANCE COMPANY. ANNUAL STATEMENT FOR THE YEAR 2024 OF THE JACKSON NATIONAL LIFE INSURANCE COMPANY. ANNUAL STATEMENT FOR THE YEAR 2024 OF THE JACKSON NATIONAL LIFE INSURANCE COMPANY.

Lincoln National Corporation Elects Jim Morris to Serve on the Board of Directors

March 4, 2025

Lincoln Financial today announced the election of James Morris as a director to serve on the company’ s Board of Directors, effective March 3, 2025 and increasing the size of the Board from ten to eleven directors. Mr. Morris retired as Chairman, President and CEO of Pacific Life Insurance Company in April 2022, having served in that role since 2007.

MassMutual Reports Strong 2024 Financial Results

March 4, 2025

Growth in sales, client assets: Sales from MassMutual’ s domestic insurance operations grew to more than $41 billion as the company maintained its position as a top provider of whole life insurance, as well as sustained its growing market leadership in annuities. In addition, increased demand for personalized planning helped the company’ s wealth management…

Proxy Statement (Form DEF 14A)

March 4, 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 x Filed by a Party other than the Registrant o Check the appropriate box: WEST BANCORPORATION, INC. Payment of Filing Fee: LETTER TO STOCKHOLDERS March 4, 2025 Dear…

Proxy Statement (Form DEF 14A)

March 4, 2025

Proxy Statement Pursuant to Section 14 of the Securities. Table of Contents ANNUAL MEETING TO BE HELD APRIL 15, 2025. Our 2025 Annual Meeting of Shareholders will be held on Tuesday, April 15, 2025.

Statement of Corporate Governance Practices and Policies (statement of corporate governance policies and practices 2025 en)

March 3, 2025

Statement of Corporate Governance Policies and Practices. SUN LIFE FINANCIAL INC. AND SUN LIFE ASSURANCE COMPANY OF CANADA. Statement of Corporate Governance Policies and Practices.

Growth drives insurance distribution intermediaries’ priorities in 2025

March 3, 2025

More than 8 in 10 insurance distribution intermediaries — independent marketing organizations and brokerage general agencies — say their top business priorities are to increase sales of current product offerings and expand their network of financial professionals. 

Best’s Special Report: Strong Profitability for Thailand’s Non-Life Insurers in 2023

March 2, 2025

Thailand’ s non-life insurance market marked a turnaround in 2023, posting an underwriting gain of THB 13.0 billion following a difficult 2022, when it reported a net underwriting loss of THB 50.7 billion, according to a new AM Best report. In a new Best’ s Special Report, titled,“ Strong Profitability for Thailand Non-Life Insurers in 2023,” AM Best states that the…

February 28, 2025
Image shows the Globe Life logo and the words "Data Breach"
Globe Life initially claimed few people were impacted by a June 2024 data breach.

Globe Life hit with a pair of lawsuits over handling of 2024 data breach

Globe Life, Inc. faces a pair of lawsuits filed this week over a June 2024 data breach that exposed as many as 850,000 policyholders.

February 28, 2025
Image shows the Morningstar logo
Morningstar DBRS found that U.S. life insurers are maintaining cash reserves.

Morningstar: U.S. life insurers maintaining cash liquidity levels

Despite extended low interest rates and a trend toward riskier investments, U.S. life insurers’ are maintaining solid cash liquidity reserves, Morningstar reports.

Unum Group Announces $3.4 Billion Long-Term Care Reinsurance Transaction with Fortitude Re

February 27, 2025

Unum Group announced today that its Unum Life Insurance Company of America subsidiary has agreed to enter into an agreement to cede to Fortitude Reinsurance Company Ltd., on a coinsurance basis, individual LTC insurance policies representing 19% of Unum’s total LTC block and a quota share of IDI policies reinsured from an affiliate representing 20% of…

Insurance Companies

February 26, 2025

"You can't put a value on life, but my wife's life insurance company made a pretty fair offer." I had a really crappy experience with an online health insurance company last week so I thought I'd get my frustrations out in this week's column. My favorite activity in the world is to get on the phone with unknown folks and try to straighten out insurance claims.

Zim's Insurance Market Value Seen At U.S.$2,51bn

February 26, 2025

Data and business intelligence experts, Statistica, in a report on Zimbabwe insurance, said non-life insurance would continue to dominate Zimbabwe's insurance market, projected to account for US $1,45 billion in 2025.. The firm noted that as the economy continues to evolve, insurance companies in Zimbabwe should adapt to changing market conditions and…

Presentation FY 2024

February 26, 2025

Net loss 1 of $1 M, and adjusted operating income 1,2 of $15 M in the fourth quarter Enact reported adjusted operating income of $137 M 1 in the fourth quarter; distributed $84 M in capital returns to Genworth Completed annual assumption updates with unfavorable impacts to adjusted operating income in LTC and Life and Annuities of $52 M U.S. life insurance…

Somerset Re Accelerates Growth with Strong Deal Momentum into 2025

February 26, 2025

Somerset Re has a strong history of successful deal execution over its last decade building a well-diversified book across the life and annuity space. A new business flow partnership for Fixed Index Annuities with a major U.S. insurer An inforce Corporate-Owned Life Insurance and Bank-Owned Life Insurance transaction with a U.S. life& annuity insurer A…

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