Coventry Leads 2024 Life Settlement Market with $1.4B in Policies Purchased
Coventry tops the 2024 U.S. life settlement market by purchasing over 1,300 policies worth $1.4 billion, introducing Enhanced Cash ValueSM to expand policyowner options.
Coventry tops the 2024 U.S. life settlement market by purchasing over 1,300 policies worth $1.4 billion, introducing Enhanced Cash ValueSM to expand policyowner options.
National Farm Life Insurance Co. strengthens its board with experts from healthcare, education, and agriculture to support sustainable growth and community-focused insurance services in Texas.
NOAA's decision to stop updating its billion-dollar weather disaster database may increase U.S. insurance costs and reduce market transparency amid rising climate-related risks.
Winged Keel Group accelerates U.S. market expansion with BryanMark Group acquisition, strengthening its life insurance services for ultra-affluent clients through strategic private equity support.
Insurers targeting Gen Z and millennials face challenges including low trust and product complexity. Simplifying purchases and enhancing financial education are key to engagement.
John Hancock's Vitality program boosts preventive health and customer engagement, reshaping life insurance with digital incentives and data privacy safeguards.
The NAIC Life Actuarial Task Force adopts a new disclosure-only guideline for reinsurance asset testing, with initial data reporting mandated by 2026 to enhance transparency in life insurer reserves.
Delays averaging 10 months in securing life insurance can expose families to financial hardship. Understand the risks, coverage options, and strategies to improve timely life insurance decisions.
In Q1 2025, U.S. life insurance premiums increased 8% driven by strong gains in indexed and variable universal life products, while term and fixed universal life showed declines, reflecting shifting consumer preferences and economic impacts.
May 2025 U.S. life insurance application activity rises 1.6% year-over-year, driven by growth in senior age brackets and higher face amounts.