Life Insurance News

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…

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…

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,…

Shares of Globe Life Inc. (NYSE: GL) traded at a new 52-week high today and are currently trading at $183.65. So far today, approximately 106.34k shares have been exchanged, as compared to an average 30-day volume of 690.98k shares. Globe Life Inc. delivers diverse life insurance and supplementary health coverage, alongside annuity products, targeting households […]

These subsidiaries— Sagicor Life Inc. and Sagicor General Insurance Inc., Sagicor Life Insurance Company and ivari— collectively are referred to as Sagicor Financial by AM Best and represent the organization’ s Canadian, United States and a portion of the Caribbean operating companies. In addition, AM Best has upgraded the Long-Term ICR to“ bbb” from“ bbb-” and the…

New York Life announced the launch of an indemnity benefit payment option for Asset Flex, its hybrid long-term care insurance solution combining long-term care and universal life insurance. “We know that 70% of Americans turning 65 will need some form of LTC 1, but LIMRA research finds only 3% over age 50 own any long-term care insurance 2,” said Ruby Grace Reyes,…

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of DB Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. While the acquisition of The Fortegra Group, Inc., completed in May 2026, could potentially weigh on risk-adjusted capitalisation, AM Best views DBI as having a sufficient capital buffer to…

AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a” from“ a-” of The People’ s Insurance Company of China, Limited. The ratings also reflect the strategic importance of the company to its parent, The People’ s Insurance Company of China Limited. In 2025, PICC HK ranked 8th amongst primary non-life insurers in Hong…

SWBC is proud to announce that Joan Cleveland, President and CEO of SWBC Life Insurance Company and Executive Vice President of SWBC Property and Casualty Insurance Company, has been reappointed to the Texas Association of Life& Health Insurers Board of Directors. TALHI represents life and health insurers across Texas and advocates for economic,…

“We are excited to expand the BCAR Model product line,” said Adriana Franco, vice president of product strategy at AM Best.“ This new subscription option helps customers assess risk-adjusted capitalization levels under changing conditions for life insurance companies. “Best’s Capital Adequacy Ratio Model– Life, US joins Best’s Capital Adequacy Ratio Model– P/C,…

The following information was released by the National Association of Insurance and Financial Advisors:. By Ike Trotter on 7/ 10/ 26 1:00 PM. A particular company boldly advertises these transactions as "Sitting on a Gold Mine.