Life insurance new premium up 16% in the third quarter, LIMRA reports
Life insurance new annualized premium increased 16% year over year to $4.3 billion in the third quarter, according to LIMRA.
Penn Mutual, co-defendants: Funeral home owners got bad advice on IUL
Penn Mutual companies say Montana funeral directors who claim a premium financing “scheme” cost them millions were victims of bad advice.
Judge approves nearly $6M of fees and expenses in Greg Lindberg case
A North Carolina judge approved nearly $6 million worth of fees and expense reimbursements last week for lawyers working on the Greg Lindberg court cases.
Kyle Busch Case: A day of reckoning for indexed universal life?
Will a recent lawsuit by NASCAR start Kyle Busch and his wife shine a bright light on potential problems with indexed universal life?
The New Playbook: AI-powered prospecting for insurance agents
One of the ways agents use AI is to generate leads. By focusing on pre-qualified, high-intent prospects,, agents can grow their client base.
Genworth Financial boosting LTCi prospects via CareScout, rate hikes
Genworth Financial made giant positive steps in 2025 toward reclaiming its positioning in the troubled long-term care insurance market.
Annuities: Strengthening the three-legged retirement stool
The three-legged stool of retirement planning has grown a bit wobbly over the years as fewer workers can rely on a pension during their post-employment years.
Brighthouse Financial accepts $4.1B takeover offer from Aquarian
Brighthouse Financial confirmed this morning that Aquarian Capital will acquire it in a $4.1 billion deal.
Jackson Financial juggles up-and-down annuity sales to a Q3 profit
Jackson Financial is predominantly an annuity seller and the company rode out the changing product preferences in a healthy third quarter.
Equitable takes a hit on reinsurance deal, powers ahead in wealth space
Equitable Holdings is sticking with a big-picture growth strategy, one that required the company to take a third-quarter earnings hit.
AIG beats Q3 forecasts with lower catastrophe losses, strong underwriting
AIG’s Q3 earnings exceeded Wall Street analyst forecasts, driven by net income of $519 million, up 13%, year-over-year.
Apollo CEO fires back at UBS chair over ‘systemic risk’ comments
UBS Chairman Colm Kelleher said that insurers shopping for better ratings are creating a “looming systemic risk” to global finance. Marc Rowan disagreed.
Corebridge Financial preps for CEO, CFO changes amid strong Q3 report
Corebridge discussed the impending departures of both CEO Kevin Hogan and Chief Financial Officer Elias Habayeb during a Q3 call Tuesday.
Geography Matters: Location plays key role in long-term care cost
Location is becoming a more significant part of the conversation when it comes to planning for long-term care costs.
Property/casualty sector to see strong premium growth continue
The property/casualty insurance sector will see strong premium growth continuing in 2025, according to Conning.
Excess mortality for 65+ adults dropping after COVID-19 peak
Excess mortality for Americans aged 65 or older dropped from more than 20% at the peak of the COVID-19 pandemic to only 1.3% in the past year – according to a new analysis from the Society of Actuaries Research Institute.
Client conversations: Words to use and words to lose
Conversations are the backbone of what financial professionals do with clients.
Prudential sees life, annuity growth; shakes up Japan operations
Prudential produced a big third-quarter jump in earnings with all of its businesses turning profits.
Cigna defends decision to end drug rebates amid record Q3 revenues
Cigna Group executives stood firm Thursday on eliminating drug rebates as the best route forward for the entire industry.
