Pan-American Life Insurance Group Appoints Sherri Lindenberg to Lead U.S. Marketing
{February 5th, 2025} by Pan-American Life Insurance Group
Pan-American Life Insurance Group (PALIG) has appointed Sherri Lindenberg as vice president, U.S. Marketing, effective January 27, 2025. As the leader of marketing initiatives for Pan-American Life’s U.S. Life and Accident & Health divisions, Sherri will play a key role in the company’s strategic initiative to position Pan-American Life Insurance Group for growth in the […]
Midland National and North American Announce New Indexed Universal Life Products
{February 4th, 2025} by Sammons Financial Group
WEST DES MOINES, Iowa–(BUSINESS WIRE)–Midland National® Life Insurance Company and North American Company for Life and Health Insurance®, member companies of Sammons® Financial Group, Inc., are proud to unveil their enhanced Indexed Universal Life (IUL) products. Midland National announces Strategic Protector® IUL 2, and North American announces Protection Builder IUL® 2. These highly competitive, next generation products are […]
Getting Clued In: How the SEC’s RILA Rulemaking Affects Variable Annuities
{February 4th, 2025} by Harry Eisenstein
The recent rule and form amendments adopted by the SEC to facilitate the registration of registered index-linked annuities (RILAs) and market-value adjustment annuities (MVAs) on Form N-4 have been broadly welcomed by the insured investment products industry. Some changes to Form N-4 brought by the RILA/MVA rulemaking, however, will also apply to issuers of variable annuities, […]
Digital Transformation In Life Insurance: Lessons From Assumption Life’s Success
{February 4th, 2025} by Ken Leibow
While researching innovative strategies in the life insurance industry, I came across an insightful case study detailing Assumption Life’s transformative journey. The lessons from their success hold valuable implications not just for Canada but for the U.S. life insurance market as well. Inspired by their approach, this article explores the key takeaways from their case […]
What If Life and Annuity Issuers Use Vendors With Bad AIs?
{February 4th, 2025} by Allison Bell
State insurance regulators are now looking hard at use of artificial intelligence tools and other high-tech tools at life and annuity issuers’ vendors. A team at the National Association of Insurance Commissioners wants to keep the issuers from using bad analysis without knowing it — or evading responsibility for intentional deception or unfair discrimination by […]
Morgan Stanley Likes Annuity Issuers’ Investments in Securitized Assets
{February 4th, 2025} by Allison Bell
Annuity issuers are investing more of their portfolios in securitized assets, such as residential mortgage-backed securities and commercial mortgage-backed securities, and that should help them earn more money. A team of Morgan Stanley analysts led by Bob Jian Huang has given that assessment in a new commentary on investment trends at North American life and […]
What I wish I knew when I started out in life insurance
{February 4th, 2025} by Steve Spector
As I reflect over the past 43 years, I wanted to share some key elements that I hope will help newer agents succeed in our amazing business. An agent’s career path can and will change over time, and mine certainly did. My career began as a 23-year-old agent with Northwestern Mutual. I had no clients, […]
Apollo touts Athene annuity sales, sees ‘robust future’ in other products
{February 4th, 2025} by John Hilton
Higher fee revenue and strong retirement products drove another strong quarter for Apollo Global Management. A bold five-year plan laid out in October calls for Apollo to double in five years. Its Q4 results provided a strong start, with $33 billion of inflows and assets under management increasing 15% to $751 billion. Read the story […]
Life insurance financial ratings: a system in need of an update?
{February 4th, 2025} by John Hilton
After a pair of life insurers sued AM Best last year in response to a planned downgrade of their financial ratings, concerns quickly followed. The implications were readily apparent: is the door open for life insurance companies to sue their way to better ratings? Will financial ratings retain any meaning in the future? Read the […]
2024 life insurance new premium tops $16B, sets new record, LIMRA says
{February 4th, 2025} by John Hilton
A strong fourth quarter drove life insurance new premium to another record, LIMRA reports. Total new annualized premium increased 4% in 2024 to $16.2 billion, according to LIMRA’s preliminary life insurance sales survey results. In 2023, total new premium hit a then-record $15.7 billion. Read the story via INN
NY appeals court sides with Equitable in lengthy cost-of-insurance lawsuit
{February 4th, 2025} by John Hilton
Equitable Life Insurance Co. breached no contract terms when it imposed cost-of-insurance charges on a universal life policy, the New York Court of Appeals recently ruled. The court upheld a lower-court ruling against the Hobish family trust, who claimed the insurer improperly hiked COI charges in 2015. The ruling seemingly ends a lengthy legal odyssey […]
T. ROWE PRICE, OHA AND ASPIDA FORMING STRATEGIC PARTNERSHIP
{February 4th, 2025} by T Rowe Price
Reflects T. Rowe Price’s commitment to expanding its client capabilities in insurance, its leadership in retirement asset management, and the growing intersection of traditional asset management, alternative investments, and insurance. BALTIMORE and NEW YORK and DURHAM, N.C., Feb. 3, 2025 /PRNewswire/ — T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), a global investment management firm and a leader in retirement, T. Rowe Price’s alternative credit subsidiary […]
AM Best Affirms Credit Ratings of Members of Aegon Ltd.’s U.S. Subsidiaries
{February 4th, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of the U.S. life/health (L/H) subsidiaries of Aegon Ltd. (Bermuda) [NYSE: AEG]. Aegon Ltd.’s U.S. L/H companies are Transamerica Life Insurance Company (Cedar Rapids, IA) and Transamerica Financial Life Insurance Company (Harrison, NY) and […]
Prudential Financial Recognized as 2025 Industry Leader by Fortune’s List of Most Admired Companies
{February 4th, 2025} by Prudential Financial, Inc.
NEWARK, N.J.–(BUSINESS WIRE)–Prudential Financial, Inc. (NYSE: PRU) announced today that it has been named to FORTUNE® magazine’s annual list of World’s Most Admired Companies. Further, Prudential ranked No. 1 in the Insurance: Life & Health industry. “We’re proud to be recognized by FORTUNE as a World’s Most Admired Company and as the industry leader in the […]
AM Best Removes From Under Review With Developing Implications and Upgrades Credit Ratings of Mountain Life Insurance Company
{February 4th, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has removed from under review with developing implications and upgraded the Financial Strength Rating to B+ (Good) from B (Fair) and the Long-Term Issuer Credit Rating to “bbb-” (Good) from “bb+” (Fair) of Mountain Life Insurance Company (Mountain Life) (Lexington, KY). The outlook assigned to these Credit Ratings (ratings) is stable. The […]
Ameriprise Financial Reports Fourth Quarter and Full Year 2024 Results
{February 4th, 2025} by Ameriprise Financial, Inc.
MINNEAPOLIS–(BUSINESS WIRE)–Ameriprise Financial, Inc. (NYSE: AMP): Earnings Per Diluted Share Return on Equity, ex AOCI (1) Q4 2024 FY 2024 Q4 2024 GAAP $ 10.58 $ 33.05 GAAP 49.7 % Adjusted Operating, excluding unlocking $ 9.36 $ 35.07 Adjusted Operating, excluding unlocking 52.7 % […]
Best’s Special Report: Impairments in US Life/Health Insurance Industry Jump to 10 in 2023
{February 4th, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–Ten insurance company impairments were identified in the U.S. life/health industry for 2023, following none in 2022, according to a new AM Best report. The Best’s Special Report, titled, “2023 US Life/Health Impairments Update,” states that during the 2000-2023 study period, 193 life/health insurers became impaired. These impairments consisted of 159 insolvent liquidations, 32 rehabilitations (of […]
FINRA Beefs Up Its RILA Advice
{February 4th, 2025} by Allison Bell
Financial Industry Regulatory Authority examiners may be thinking more this year about registered index-linked annuities. FINRA has recognized the rise of the RILA by changing the name of the annuities section in its latest annual oversight report to “Annuities Securities Products,” from “Variable Annuities” in the 2024 report; adding many references to RILAs; and including an analysis of […]
Pacific Life 2025 Carrier Forecast
{February 4th, 2025} by Kevin Kennedy
Why Pacific Life Insurance Company Is Optimistic About The Future Of Life Insurance Sales And Why You Should Be, Too. The life insurance industry has faced a challenging landscape in the last several years, marked by slow overall growth, which can be attributed to economic and regulatory uncertainties, demographic shifts, and the world-wide pandemic. Over […]
Mutual Trust Life Solutions 2025 Carrier Forecast
{February 4th, 2025} by Luke Cosme
“It don’t come easy You know it don’t come easy Got to pay your dues if you wanna sing the blues And you know it don’t come easy.” —Ringo Starr. This time of year, I find myself singing this tune as, like many in our industry, I work through the challenges of goal setting, performance […]
Key Trends In Life And Annuities For 2025
{February 4th, 2025} by Joe Yurich with Katie Kahl, iPipeline
The financial advisory industry is on a fast track to transformation. This year alone, the sector has adapted to regulatory changes, navigated a historic surge in demand for annuity products, and embraced new ways of working brought forward by next-gen technologies and customer demands. The volatility of the past few years has exerted tailwinds on […]
A Conversation With Ron Barrett
{February 4th, 2025} by P.E. Kelly
F&G, the Des Moines based provider of retail insurance solutions for annuity, life and institutional clients, has for five years published its proprietary Risk Tolerance Tracker, an ambitious and quite in-depth analysis of how American investors are feeling abut their money… and just about everything that might effect it. From retirement risk, inflation and, in […]
Here’s How Much Americans Expect to Need in Retirement (It’s a Lot)
{February 4th, 2025} by John Manganaro
While researchers generally suggest that people will need about 10 times their annual salary saved in order to successfully navigate retirement, 56% of working Americans say they expect to need at least 30 times their annual working income put away to fund life after work. This is one of the topline findings of a recent report published […]
Recruiters share the red flags they look out for in job candidates
{February 4th, 2025} by Sarah Jackson
The impression you make in a job interview can make or break your chances of getting the role. Just as candidates look for red flags in potential employers, hiring teams do the same for candidates. Recruiting pros shared the red flags they watch for, from lateness to AI-generated cover letters. You might have your own “red flags” you look […]
Annuity Sales Are Breaking Records. Should You Be Buying an Annuity in 2025?
{February 4th, 2025} by Selena Maranjian
Sales of annuities have been booming in recent years. According to an InsuranceNewsNet article citing Limra’s U.S. Individual Annuity Sales Survey, “in the first nine months of 2024, total annuity sales increased 23% [year over year] to $331.2 billion and are on pace for another record-breaking year.” That’s on top of a 23% year-over-year gain in […]
That Annuity Show
{February 4th, 2025} by That Annuity Show
In this episode industry leaders Sheryl J. Moore, Wink, Inc.., and Michele Trogni, CEO of Zinnia, a guest host, explore the evolving landscape of insurance and annuities, from digital transformation challenges to opportunities for growth. The discussion weaves together Moore’s journey from personal investment challenges to becoming the “Annuity Rockstar” with Trogni’s vision for technological […]
Wink’s Virtual Career Fair
{February 4th, 2025} by Wink's Intel Pros
Wink is supporting the annual Insurance Careers Month during February with a virtual career fair for the life insurance and annuity industry. In February, annuity and life insurance job openings are featured in our weekly newsletter and posted on our website, reaching thousands of members! Please view https://www.winkintel.com/category/insurance-industry-job-openings/ for all of the openings. PLEASE […]
Sr Resolution Analyst, American Equity
{February 4th, 2025} by American Equity
At American Equity Investment Life Holding Company ® we offer leading annuity products that help empower our clients to fulfill their needs and wants in retirement. Our success comes from hiring high-energy individuals who embody the beliefs that drive our unique culture. We currently fund over half a million retirements nationwide, and have been headquartered […]
Regional Vice President (Minnesota), Eagle Life
{February 4th, 2025} by American Equity
At American Equity Investment Life Holding Company ® we offer leading annuity products that help empower our clients to fulfill their needs and wants in retirement. Our success comes from hiring high-energy individuals who embody the beliefs that drive our unique culture. We currently fund over half a million retirements nationwide, and have been headquartered […]
Product Configuration Analyst / Hybrid, Allianz
{February 4th, 2025} by Allianz Life
At Allianz Life, we are driven by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new […]
Regional Vice President, Sales, EquiTrust
{February 4th, 2025} by EquiTrust
The Regional Vice President works collaboratively with the sales and marketing team, as well as independently, to accomplish their daily responsibilities, with the ultimate goal of driving sales and providing excellent customer service. This individual is responsible for the distribution of EquiTrust Life Insurance products through the support of core distribution partners, marketers, and producers. […]
AVP, Actuary, Kuvare
{February 4th, 2025} by Kuvare
Kuvare is a growth-oriented insurance platform that delivers diversified annuities, life insurance, and supplemental products to the middle-income and mass-affluent consumer segments through its acquisition-led growth strategy. Kuvare provides proven capabilities, strategic support, substantial resources, and patient capital to help insurance companies pursue and achieve sustainable growth opportunities. With its patient capital, Kuvare targets differentiated […]
National Account VP, John Hancock
{February 4th, 2025} by John Hancock
The National Account Vice President for Producer Group Distribution plays a key role in driving John Hancock’s sales growth by expanding relationships with producers and advisors specializing in the high-net-worth market. This position requires exceptional leadership to address the unique demands of Producer Group Accounts, which often involve specialized support and concierge-level service to meet […]
SVP, Wealth Management Solutions, Corebridge Financial
{February 4th, 2025} by Corebridge Financial
At Corebridge Financial, Action is Everything. We are a new company, but not a new business. We are one of the largest and most established providers of retirement solutions and insurance products in the United States, with a long and proven history of serving our clients. Every day, we proudly partner with financial professionals and […]
Chief Growth Officer – Business Development , Prudential
{February 4th, 2025} by Prudential
Project Mgmt, Transformation & Strategy – Project Mgmt, Transformation & Strategy Continuing on the execution of our vision of expanding access to insurance and financial products, Prudential created a ‘start-up’ operating environment within the existing ILI business to accelerate and win in the Simplified Solutions space. This dedicated team leverages the size and scale of […]
Sr. Regional Sales Associate, Sammons Financial Group Companies
{February 4th, 2025} by Sammons Financial Group Companies
Responsible for achieving annuity sales, recruiting, and other related goals within assigned region for Midland National Life (MNL) Insurance Company. Identify and build relationships with targeted Financial Advisors and Broker Dealer Partners to successfully market and drive annuity sales. Position product and company benefits and strengths through phone calls and face-to-face meetings. What You’ll Do […]
Head of Product Development, Prosperity Life
{February 4th, 2025} by Prosperity Life
Our growing company is building our team of insurance professionals to lead our product development, implementation, and management. We are launching a new suite of FIA products next year and will continue to revamp and expand our product line-up over time. You develop initial hypotheses for product features and specifications, based on competitive market assessment […]
(Remote) Director of Product Management, Fidelity Life
{February 4th, 2025} by Fidelity Life
What You’ll Do: Lead with Purpose: Set strategic direction and provide leadership for product owners and scrum masters, championing collaboration and innovation. Empower Talent: Identify and nurture top talent, partnering with recruiting to build a high-performing, diverse product team. Guide Best Practices: Coach your team in agile product development practices, from defining customer needs to […]
Marketing Manager, Annuity Products, Corebridge Financial
{February 4th, 2025} by Corebridge Financial
Corebridge Financial helps people make some of the most meaningful decisions they’re ever going to make. We help them plan and take action to protect the future they envision, and respond to some of life’s most difficult moments through the solutions and services we provide. We do this through our broad portfolio of life insurance, […]
Annuity Marketer (Wholesaler), Apex Financial Wholesalers
{February 4th, 2025} by Apex Financial Wholesalers
Are you a Financial Professional or Annuity Marketer/Wholesaler looking for your next challenge? We are a newly formed IMO looking for Affiliate Annuity and Life Insurance Wholesalers/Marketers to market Annuities to their existing book of producers as well as prospective producers. We offer you the ability to run the business as your own including full […]
National Sales Distribution Manager/Annuity Division, Wellabe
{February 4th, 2025} by Wellabe
The National Sales Distribution Manager/ Annuity division is responsible for executing the organization’s distribution of product information and strategies, including cultivating relationships, developing and facilitating trainings, growing the business, and driving sales with assigned distribution channel(s) and/or key accounts nationally. Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform these […]
Regional Marketing Director – Midwest, Penn Mutual
{February 4th, 2025} by Penn Mutual
Position Overview ** Candidate’s note: We are looking for candidates who are located in Michigan only. We are looking for a Regional Marketing Director (RMD) to be part of our Midwest Region team covering Michigan as a territory. This role will report the Regional Vice President. The RMD is to generate Penn Mutual […]
Need a compliance job?
{February 4th, 2025} by Sheryl J. Moore
I have a client located in Dallas, TX who is hiring for a “Compliance Analyst II.” This is not a remote position. The ideal candidate would have life, health and annuity regulatory reporting and product filing experience. There is growth and opportunity, both, for the right candidate. Qualified and interested? Shoot me your resume: sjm@intelrockstar.com. […]
In search of the ultimate data geek? #AnalyticsGoals
{February 4th, 2025} by Sheryl J. Moore
I need the help of #TheAlmightyNetwork again! I have a friend that is looking for their next opportunity. I am totally fangirl over this person, who is a data geek, like me- but they are all #AnalyticsGoals. They have held senior leadership positions, with a focus on data and analytics. And while at one time […]
In search of a Senior Technology Leader?
{February 4th, 2025} by Sheryl J. Moore
Oh, #AlmightyNetwork, I could use your help again. I have a friend who recently worked as a Senior Technology Leader whose position was eliminated, as part of an insurance company reorg. This individual is inquisitive, kind, and knowledgeable. In addition to his technical expertise, I admire his deep understanding of the life/annuity industry’s business landscape; […]
Internal Wholesaler, Home office
{February 4th, 2025} by Sheryl J. Moore
I have a home office friend, who is looking to hire an internal wholesaler. The right candidate must have experience, and have relationships with field marketing organizations (FMOs). If there is experience with banks and/or broker dealers, that is a HUGE plus! If you are qualified, and interested, send your resume to me, via my […]
Head of Product & Partner Solutions, Transamerica
{February 4th, 2025} by Transamerica
At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests. Ultimately, we appreciate the uniqueness of a company where talented professionals […]
RILAs Are Still Breaking Sales Records
{February 4th, 2025} by Ben Mattlin
According to insurance-industry data tracker LIMRA, the only type of annuity that’s had record high sales every year since its introduction in 2011 is the registered index-linked annuity, also known as the “RILA.” It’s not hard to understand why. This variation on variable annuities invests in mutual-fund-like subaccounts, allowing a high degree of market exposure. […]
Life insurance: intelligent underwriting accelerates in the U.S.
{February 4th, 2025} by Alain Thériault
Not to be confused with simplified-issue individual life insurance, accelerated underwriting allows customers to avoid examinations and blood tests when purchasing a traditional whole life, universal life or term life insurance product. In its infancy in the mid-2010s, accelerated underwriting pushed its limits, growing from offering coverage in the hundreds of thousands of dollars to […]
Broker Words—January/February 2025
{February 4th, 2025} by Stephen Howard
In Memoriam: I hate that the need arises to write these, obviously, and particularly in this instance as the industry and Broker World has lost three good friends recently. Ray Morgan was born in Des Moines January 22, 1945, and we lost him September 4, 2024. He attended Drake University in Des Moines before embarking on […]
Mutual of Omaha 2025 Carrier Forecast
{February 4th, 2025} by Randy Mousel and Jim Duff
Raising The Bar In 2025. Customer-centric growth has been a hallmark of Mutual of Omaha’s story for 115 years. As we look to the future, our purpose to help our customers protect what they care about and achieve their financial goals is as relevant as ever. We’re operating in an uncertain and complicated world where […]