AM Best has removed from under review with developing implications and upgraded the Financial Strength Rating to B+ from B and the Long-Term Issuer Credit Rating to“ bbb-” from“ bb+” of Mountain Life Insurance Company. Geographic exposure is expected to diversify over the next two years as the company applies for licenses in most U.S. states. Capital contributions…
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Midland National ® Life Insurance Company and North American Company for Life and Health Insurance ®, member companies of Sammons ® Financial Group, Inc., are proud to unveil their enhanced Indexed Universal Life products. Midland National announces Strategic Protector ® IUL 2, and North American announces Protection Builder IUL ® 2.
MetLife, Inc. today announced it is among Fortune magazine’ s 2025 list of the“ World’ s Most Admired Companies.” The annual report card of the best-regarded companies included eight life insurers. MetLife, Inc., through its subsidiaries and affiliates, is one of the world’ s leading financial services companies, providing insurance, annuities, employee benefits…
Amalgamated Life Insurance Company, a leading provider of comprehensive insurance solutions and the flagship company of the Amalgamated Family of Companies, is excited to announce the appointment of Amanda Turcotte, FSA, MAAA, as the new Senior Vice President, Chief Actuary. In this key leadership role, Ms. Turcotte will oversee all actuarial functions,…
BOZEMAN, Mont., Jan. 29, 2025/ PRNewswire-PRWeb/– Today, Aspida Life Insurance Company, a life insurance and annuity company, and WealthVest, a financial services marketing and wholesaling firm, announced the introduction of four new indices to their WealthLock ® fixed index annuities portfolio, which were developed with BofA Securities, iShares ® by BlackRock,…
Aegon Ltd.’ s U.S. L/H companies are Transamerica Life Insurance Company and Transamerica Financial Life Insurance Company and referred to collectively as Aegon USA Group. AM Best expects Aegon USA to maintain its very strong balance sheet strength assessment in the near term, with a strong level of risk-adjusted capitalization, as measured by Best’ s Capital…
Document SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549————- FORM 11- K————————– THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILIATED COMPANIES PROFIT SHARING PLAN————- OLD REPUBLIC INTERNATIONAL CORPORATION 307 NORTH MICHIGAN AVENUE CHICAGO, ILLINOIS 60601 Total Pages: 17 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the…
Chubb Reports Fourth Quarter Per Share Net Income and Core Operating Income of $6.33 and $6.02, Respectively; Consolidated Net Premiums Written of $12.1 Billion, with Global P&C and Life Insurance Up 6.7% and 7.6%; P&C Combined Ratio of 85.7%; Record Full-Year Per Share Net Income of $22.70 and Core Operating Income of $22.51; Consolidated Net Premiums Written…
Brighthouse Financial, Inc. (NASDAQ: BHF) is one of today’s top gainers. The company’s shares have moved 16.6% on the day to $59.57. Brighthouse Financial, Inc. provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment offers variable, fixed, index-linked, and income annuities for […]
Jackson National study: vast underestimate of health care, LTC costs for retirement
A recent study by Jackson National has found a vast underestimate by retirees and financial professionals of various retirement costs.
Court names special master to unwind Greg Lindberg’s holdings, pay victims
A North Carolina federal court appointed a special master team to unwind Greg Lindberg’s financial empire and reimburse his victims.
9th Circuit: proof of harm required in California life insurance lapse lawsuit
If a federal appeals court interpretation of California life insurance lapse laws stands, it could “undermine” regulations nationwide, the plaintiff claims.
Colleen P. Donohoe Colleen Donohoe, P.C. PO Box 10879 Kalispell, Montana 59904 406-309-2470 Attorneys for Applicant MONTANA NINETEENTH JUDICIAL DISTRICT COURT, LINCOLN COUNTY IN THE MATTER OF THE ESTATE OF CAROL ANN GIBBONS, Deceased. NOTICE OF TRUSTEE'S SALE To be sold for cash at a Trustee's Sale on May 19, 2025, at 02:00 PM outside the North entrance to the…
U-Haul Holding Company, the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, plans to report its third quarter fiscal 2025 financial results after the close of market trading on Wednesday, February 5, 2025. U-Haul Holding Company is the parent company of U-Haul…
BetterLife, CSA merger brings organizations with Czech-Slovak roots together
America’s oldest active fraternal benefit organization is merging with another insurance provider that also has its roots in the Czech-Slovak community.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of Nippon Life Insurance Company. The company’ s absolute capital recorded material increase by 52% to JPY 10.5 trillion as of 31 March 2024, driven by substantial unrealised gains on its securities investments amid favourable market conditions.
Prudential Financial, Inc. and Dai-ichi Life Holdings announced today their intent to pursue a strategic partnership focused on product distribution and asset management capabilities. “As one of the leading life insurance providers in Japan, Dai-ichi is an ideal partner for our best-in-class life planner distribution network in Japan, as well as to PGIM,”…
AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Ratings to“ a” from“ a-” of ShelterPoint Insurance Company and ShelterPoint Life Insurance Company. ShelterPoint Life’ s operating performance has exhibited significant growth in top line premium, driven by its…
Prudential Financial announced an agreement to reinsure a portion of its recently originated Japanese whole life policies with a subsidiary…
Securian Financial announced today that Warren Zaccaro, executive vice president and chief financial officer, will retire on July 1, 2025, after 20 years of dedicated service to the company. Warren Zaccaro, retiring as Securian Financial CFO on July 1, 2025. Berlute will succeed Zaccaro as CFO on June 1, 2025, reporting to Chris Hilger, Securian Financial…
