The National Association of Insurance Commissioners defended its supervision of Wall Street's influence over insurers and their bets on private credit, as ...
The draft framework would introduce separate distribution categories and commission limits across life, health and motor insurance, while bringing incentives and non-cash benefits within the proposed ...
Key takeaways Annuity: A long-term contract with an insurance company designed to convert a lump sum or series of payments ...
Combined research from the Campgemini Research Institute and LIMRA found that 47 per cent of Australian customers who are ...
CNBC Select names the top life insurance for older Americans, based on age limits, benefits, customer service and more.
LIC's new business premium (NBP) rose 45.3% year-on-year to Rs23,275.4 crore in August, while private insurers grew 20% to Rs17,922.4 crore, according to CareEdge Ratings. LIC consequently accounted ...
The right annuity could lock in attractive returns for retirement, but not every high-paying option is a good deal.
Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies.
The Life Insurance and Annuities Illustrations Working Group has been nibbling around the edges of annuity illustration reforms for months. During a Tuesday meeting, Iowa Insurance Commissioner Doug ...
Annuity sales appear to be settling into a level the industry can sustain, with second-quarter sales reaching $112.7 billion, according to Wink’s Sales & Market Report. Sales were down slightly from ...
Aon is to acquire insurance brokerage USI Insurance Services from private-equity firm KKR & Co. for $17 billion, including debt. The global financial services firm confirmed the deal on Monday (August ...