Unum Group today reported net income of $256.9 million for the second quarter of 2026, compared to net income of $335.6 million for the second quarter of 2025.. Included in net income for the second quarter of 2026 is a before-tax net investment loss on the Company’ s investment portfolio of $5.2 million, strategic actions impact of $30.7 million before tax, and…
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Delaware Life Launches a New Bonus Fixed Index Annuity Built for Growth, Protection, and Flexibility
Delaware Life Insurance Company, a leading provider of innovative and customizable financial solutions, today launched TrackGuard+™, a bonus fixed index annuity that combines a high upfront premium bonus, a strong lineup of index crediting strategies, enhanced in-contract liquidity, and principal protection in a single solution. “Many of today’s savers want…
LIMRA predicts strong life and annuity sales for the rest of 2026
Life insurance and annuity sales hit records in 2025 and there’s every indication that those products will continue to see strong growth through the end of this year.
The Best’ s Market Segment Report,“ Market Segment Outlook: Vietnam Non-Life Insurance,” states that the country’ s positive macroeconomic performance has been underpinned by buoyant electronic exports, and increasing foreign direct investment, driven by the global investment boom in artificial intelligence-related technology and infrastructure.
AM Best has commented that the Credit Ratings of Horace Mann Educators Corporation and its subsidiaries remain unchanged following the announcement of its transaction with Medical Mutual of Ohio to acquire Employee Services, LLC and Reserve National Insurance Company. Additionally, Horace Mann will reinsure MedMutual Life Insurance Company’ s group…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Hanwha General Insurance Company Limited. The outlook of these Credit Ratings is stable. The ratings reflect HGI’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and…
Globe Life boosts Q2 earnings, eyes AI shift for long-term growth
Globe Life reported higher second-quarter earnings Wednesday, driven by continued underwriting strength and strong health sales.
The following information was released by the office of the Iowa Attorney General:. Here, Bristol Myers Squibb, a pharmaceutical company, moved their employee pension plan to Athene, an Iowa company under the regulation of the state of Iowa. "States, including Iowa, have an impeccable history of protecting pensions for retirees," said Attorney General Bird.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb+” and the Vietnam National Scale Rating of aaa.VN of Bao Viet Insurance Corporation. The outlook of these Credit Ratings is stable. The ratings also factor in rating enhancement from BVGI’ s parent, Bao Viet Holdings, a major finance and insurance group in Vietnam.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aaa” of New York Life Insurance Company, New York Life Insurance and Annuity Corporation, Life Insurance Company of North America, New York Life Group Insurance Company of NY and NYLIFE Insurance Company of Arizona. All companies are referred to as New York Life and…
Agentic AI is transforming insurance sales both for consumers and agents
The use of agentic AI in the insurance industry has positively impacted sales by empowering consumers and helping less experienced agents overcome barriers, according to an industry expert.
USAA Life Insurance Company is expanding its life insurance portfolio to serve families across generations with the launch of USAA Secure Start Whole Life.
According to the Best’ s Market Segment Report,“ Market Segment Outlook: South Korea Non-Life Insurance,” the country’ s regulatory environment supports the stable outlook as regulatory changes are strengthening capital quality, solvency resilience and consistency in IFRS 17 reporting. These efforts could support earnings diversification and long-term…
SPRINGFIELD, Ill.& CLEVELAND—- Horace Mann Educators Corporation and Medical Mutual of Ohio today announced they have entered into two separate agreements under which Horace Mann will acquire the employee assistance provider Employee Services, LLC through the acquisition of ESI membership interests, and separately, will acquire an individual…
Regulators: ‘No firm conclusions’ from first offshore reinsurance filings
State insurance regulators have begun reviewing the first round of reserve adequacy reports required under a new reinsurance guideline.
After decades of saving, many Americans struggle with the idea of actually spending their retirement savings, according to the 2026 Annual Retirement Study* from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America. Seven in 10 working Americans say they anticipate being reluctant to spend money in…
The next growth phase in life/annuities depends on modernization
As the life and annuity market continues to grow, the next phase of that growth will depend on how well the industry modernizes the sales, service and back-office workflows that turn consumer interest into completed protection.
How can more Americans achieve financial independence?
The latest 2026 Planning & Progress Financial Independence Study from Northwestern Mutual shows just how exposed many Americans are feeling.
AM Best has assigned a Financial Strength Rating of B+, a Long-Term Issuer Credit Rating of“ bbb-” and a Philippines National Scale Rating of aa.PH to MAAGAP Insurance Inc.. The outlook assigned to these Credit Ratings is stable. The ratings reflect MAAGAP’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance,…
Critical care riders: the living benefit more clients should understand
Critical care riders transform life insurance from a product that only pays out when someone passes away into a policy with living benefits.