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Best’s Special Report: U.S. Life/Annuity Industry Sees Tenfold Increase in Net Income in First-Quarter 2025
16 Jun 2025 17:17 GMT
The U.S. life/annuity industry saw its net income increase significantly to $11.5 billion in the first quarter of 2025 compared with $1 billion in the same prior-year period, according to preliminary financial results. This financial review is detailed …
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Say Goodbye to Manual Contract Requests: The Future of Life & Annuities Is Automated
23 Apr 2025 16:42 GMT
This post is part of a series sponsored by AgentSync.
In the complex and ever-evolving world of life and annuity (L&A) compliance, efficiency isn’t a luxury, it’s a critical factor in an organization’s success. One of the most overlooked but essential …
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Why intelligent insurance AI is the industry’s answer to modern complexity
09 Jul 2025 10:12 GMT
… Vice President & Practice Leader – Life, Annuities, Retirements & Group Insurance, EXL …
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Joint-life annuity rates at 17-year high
15 Mar 2025 05:43 GMT
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AM Best forecasts moderate growth for US life/annuity insurance sector in 2024-2025 period
12 Mar 2025 18:59 GMT
AM Best, the credit rating agency, forecasts moderate growth of approximately $48 billion in capital and surplus for the US life/annuity (L/A) insurance sector over the 2024-2025 period, as detailed in a new Best’s Market Segment Report.
The …
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Nihar Malali, Senior Solutions Architect at National Life Group — Evolution of Scalable Solutions, Tech Shifts in Life & Annuities, AI in Actuarial Science, Data Innovation Challenges, Cloud Integration
06 Mar 2025 13:27 GMT
The insurance and financial services industry is undergoing a rapid transformation, driven by technological advancements in scalability, security, and data-driven innovation. Nihar Malali, Senior Solutions Architect at National Life Group, brings deep …
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Ensight and Luma Financial Technologies Partner to Transform the Life & Annuity Sales Experience for Financial Professionals
04 Mar 2025 14:22 GMT
Ensight (San Diego), the leading sales enablement platform for annuity, life and long-term care (LTC) insurance carriers and distributors, has announced a strategic platform integration partnership with Luma Financial Technologies ( LUMA), a global …
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Best’s Special Report: Use of Life/Annuity Sidecars as Reinsurance Solution Expected to Increase
24 Feb 2025 14:15 GMT
Strong U.S. annuity sales has led to increased formations of sidecars by insurance companies to manage the growth and maintain risk-based capitalization levels, with ceded reserves increasing threefold in the two-year period to 2023, according to a new AM …
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Life-annuity sidecars gain traction as reinsurance solution
25 Feb 2025 14:53 GMT
The largest contributors to the rise in ceded reserves include Martello Re (MassMutual), Ivy Re II (Global Atlantic/KKR), and Prismic Life Re (Prudential/Warburg Pincus), which collectively account for nearly 75% of the total amount.
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HMRC issues letters to people with £3,500 'rainy day fund' in bank accounts
08 Jul 2025 09:12 GMT
… (PPI) Government or company bonds Life annuity payments Some life insurance contracts …