Document As filed with the Securities and Exchange Commission on November 22, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM S-3 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CITIZENS, INC. 11815 Alterra Parkway, Floor 15, Austin, TX 78758 Sheryl Kinlaw Chief Legal Officer and Secretary 11815…
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AM Best has downgraded the Long-Term Issuer Credit Rating to“ bbb” from“ bbb+” and affirmed the Financial Strength Rating of B++ of Gleaner Life Insurance Society. The refiled year-end 2023 financial statements show a net loss of $2.2 million, which represents a decline of nearly $3.1 million from the originally reported net gain of $886,000. Gleaner has entered…
Legal& General has completed $2.2 billion of Pension Risk Transfer business in the US this year, making 2024 its largest year on record in the US market. Legal& General completed its first Canadian PRT transaction in 2019 through its reinsurance entity, Legal& General Reinsurance. This includes Legal& General’ s largest Canadian transaction to date, valued at CAD…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of NongHyup Property and Casualty Insurance Company Limited. The ratings also reflect the implicit and explicit support the company receives from its ultimate parent, National Agricultural Cooperative Federation. NH P&C’ s financial flexibility is…
Milestone transaction will mark the first time a Korean insurance company has acquired a controlling interest in a foreign brokerage firm.
New York Life, America’ s largest 1 mutual life insurer, has declared a dividend of $2.5 billion payable to eligible participating policy owners in 2025, the highest payout in its nearly 180- year history. Through an exclusive partnership with The American College of Financial Services, New York Life supports its field force in gaining specialized knowledge…
One Inc, the leading payments network for the insurance industry, announced today a partnership with U.S. Bank aimed at delivering a comprehensive, unified payment experience for Property& Casualty and Life insurers. U.S. Bank is one of the largest commercial banks in the United States. "Both U.S. Bank and One Inc are dedicated to elevating the insurance payment…
November 20, 2024 9:00 AM Newmark announces the firm has hired Vince Punzi and Lowell Takahashi as Executive Managing Directors in the Irvine office. Punzi and Takahashi join Newmark from Berkadia, where since late 2019 they originated financing opportunities across Fannie Mae, Freddie Mac, FHA, debt funds, banks and life insurance company transactions.
SEOUL, South Korea& NEW YORK—- Hanwha Life, South Korea’ s first life insurance company, today announced it has agreed on the 18th to acquire a 75% stake in the parent of Velocity Clearing, a U.S.- based global financial services firm. With this acquisition, Hanwha Life will secure a foothold in the U.S. financial sector, expanding access to excellent opportunities to…
Standard Insurance Company announced today it will be the title sponsor of the Portland Classic LPGA tournament beginning in 2025 through 2027. Along with continuing to bring top golfers from around the world to Portland, the 72- hole tournament has raised more than $18 million for charities and become the premier annual professional golf tournament in the…
BALTIMORE- T. Rowe Price, a global investment management firm and leader in retirement, today announced the launch of its first target date portfolios for Canadians. Balancing the need for strong long-term returns against appropriate levels of volatility throughout the lifecycle of the Canadian plan member. Featuring a glide path that extends for 30 years…
Receives Strategic Investments from Prosperity Asset Management Affiliate and Kuvare Holdings to Support Ongoing Expansion Across Evergreen’ s Equity, Lending and Property Management Businesses. DALLAS& NEW YORK—- Evergreen Residential Holdings, an institutional real estate investment and operating platform, today announced that it has raised…
Guaranty Income Life Insurance Company, a Kuvare company, has launched four new crediting options for its WealthChoice Fixed Indexed Annuity, available starting November 18th. “Our goal is to empower IMOs and their financial professionals with innovative solutions that help them serve their clients’ various retirement planning needs,” said Cary Carney, Vice…
United Life Insurance Company, a Kuvare company, has launched three new crediting options for its WealthChoice Fixed Indexed Annuity, available starting November 18th. About United Life Insurance Company. United Life Insurance Company, a Kuvare company, is a leading provider of fixed indexed annuities, specializing in flexible retirement solutions that…
Jackson National Life Insurance Company, the main operating subsidiary of Jackson Financial Inc. 1, today announced Mike Hicks has been named the winner of the 2024 Michigan ORBIE ® CIO of the Year Award in the Large Enterprise category. Hicks, who joined Jackson as SVP, Chief Information Officer in April 2023, was honored for excellence in technology…
The Savings Bank Mutual Life Insurance Company of Massachusetts is pleased to announce the appointment of Wade Seward as chief distribution officer. Wade Seward has joined The Savings Bank Mutual Life Insurance Company of Massachusetts as chief distribution officer. Seward brings over three decades of experience in the insurance industry and most…
DigitalOwl, a provider of advanced AI solutions for the life insurance and legal industries, has announced a collaboration with ExamOne, a Quest Diagnostics company. This press release features multimedia. The relationship aims to enhance the services offered to both companies’ clients in the United States by improving the efficiency and accuracy of record…
IUL: Definitions you should know
The many variations of universal life insurance are almost always confusing to clients and, often, their agents.
PHOENIX, Nov. 18, 2024/ PRNewswire-PRWeb/– InstaBrain Inc., a newly launched data-driven solution and real-time underwriting platform, has announced an official partnership with Fidelity Life, which offers permanent and term life insurance policies, providing quotes and plans for individuals. This is a natural progression in our ongoing commitment to…
Athene Annuity and Life Company. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE Athene Annuity and Life Company. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE Athene Annuity and Life Company.
