insurance newsannuity newsfinancial newsand insurancebradley s. ellisbrian bertschfitch incgroupe marc de lacharrieremark e. rouck
For full year 2023, GAAP return on equity and non-GAAP operating return on equity1 of 8.4% and 18.7%, respectively Total fourth quarter sales4 of $2.0 billion, substantially all of which were in fixed index annuity (FIA) sales. Total FIA sales for 2023 were over $7.0 billi...
A type of life insurance that offers a death benefit and also accumulates cash value tax deferred at fixed interest rates. Whole life insurance policies generally have a fixed annual premium that does not rise over the duration of the policy. Whole life insurance is also referred to as "ordina...
The aggregate cost of money for annuity liabilities of 1.88% in the second quarter of 2019 was down 2 basis points from 1.90% in the first quarter of 2019. The cost of money benefited by 4 basis points from over hedging index-linked interest obligations and other non-trendable items, compa...
but not limited to, severe short-term events, such as a pandemic or changes to policyholder behavior during stressed economic periods, or due to misestimation of long-term assumptions such as mortality, interest rates, credit spreads, equity market levels and volatility and persistency assumptions....
25 PEOPLE WHO WILL CHANGE BANKING IN 2025 From Donald Trump to Gunjan Kedia, Jerome Powell to Jamie Dimon, here are the politicians, bankers, regulators, tech execs, lobbyists and lawyers who will impact the industry this year (plus Taylor Swift)....
fixed index annuity (FIA) suiteWhether you’re nearing or in retirement, it’s important to find a solution that addresses today’s key retirement challenges, including market volatility and changing interest rates. A fixed index annuity like Secure Horizon, Secure Horizon Plus or Secure Horizon ...
North American Secure HorizonSM fixed index annuity (FIA) suite Whether you’re nearing or in retirement, it’s important to find a solution that addresses today’s key retirement challenges, including market volatility and changing interest rates. A fixed index annuity like Secure Horizon, Secure...
year. Revenues increased 9.4 percent for the year, to $62.4 billion, and total assets grew 15.5 percent, to $492.98 billion. Return on equity was 11.9 percent, an uncharacteristically low figure for a company that had reported four straight years of return on equity in excess of 15 percent...
but the broader market as a whole. afg has under performed both the s&p 500 and a number of other specialty p&c underwriters over the last 2 years due to concerns about low interest rates negatively impacting their life insurance business and more recently concerns about poor crop results in ...