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 ...
Definition: New business premium is the premium acquired from new policies for a particular year. Description: A premium is a regular periodic payment to be made by the policyholder to the insurance ...
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 ...
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 ...
Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies.
Annuity sales are soaring, because retirees and pre-retirees want more guaranteed income and principal protection. Annuity sales increased to $223 billion in the first half of 2025, 3% higher than in ...
Americans are facing some serious economic headwinds right now. Gas prices are soaring, interest rates remain high, and, as of the government's latest data, inflation is now at its highest point in ...
The annuities market is entering a new phase—and it is moving fast. Sales are surging. Product innovation is accelerating. And a convergence of insurance, retirement and wealth management is reshaping ...
Annuity sales are increasing as more baby boomers hit "peak 65." Annuities can help generate a guaranteed income stream that buyers can't outlive, much like Social Security or a pension. The easiest ...