INSURASALES

Tag: Life Insurance

2025 Trends in Indexed Universal Life: Market Growth, Regulatory Shifts, and Digital Innovation

Explore 2025's indexed universal life insurance market growth, regulatory changes, and digital innovations shaping client strategies and compliance.

Coventry Advances Secondary Life Insurance Market During Awareness Month

Coventry leads life insurance secondary market, delivering $6B to policyowners and promoting policy flexibility during Life Insurance Awareness Month.

AM Best Reviews Banner Life, William Penn-NY Ratings Amid Meiji Yasuda Acquisition

AM Best maintains ratings for Banner Life and William Penn-NY as Legal & General sells U.S. protection business to Meiji Yasuda, highlighting strategic moves in U.S. life insurance and pension risk transfer sectors.

Kansas City Life Insurance Settles $40 Million Class Action Over Excessive Cost Claims

Kansas City Life Insurance Co. agrees to a $40 million settlement over allegations of excessive life insurance costs, benefitting policyholders nationwide with plans active since 2002. Legal and regulatory insights included.

AM Best Reviews Credit Ratings for Banner Life and William Penn Amid Meiji Yasuda Acquisition

AM Best maintains review status for Banner Life and William Penn credit ratings amid Meiji Yasuda's $2.3B U.S. protection business acquisition, highlighting strong financials and strategic growth.

2025 Study: Industry Faces Challenges Educating Consumers on Life Insurance Costs

The 2025 Insurance Barometer Study shows consumer education gaps and cost misconceptions hinder life insurance purchases. Industry must enhance outreach and licensed agent involvement.

Swiss Life Advances Customized Life Insurance Solutions for Asia's HNW Market

Swiss Life strengthens its position in Asia's high-net-worth insurance market with tailored VUL and PPLI solutions, emphasizing long-term wealth planning, regulatory clarity, and tax-efficient asset transfer across Singapore, Hong Kong, and other key markets.

NAIC Summer 2025 Meeting Advances Reinsurance, Investment, AI Oversight

Summary of NAIC Summer 2025 Meeting covering life reinsurance asset adequacy testing, offshore reinsurance risks, funding-agreement-backed programs, AI regulatory frameworks, and updates on insurance investment monitoring and accounting.

Rising Trend in Gifting Child Life Insurance Policies in Rural Municipalities

Growing public trust in child life insurance leads to increased purchase and gifting of policies during festivals, promoting future financial security for children in rural areas.

Pan-American Life Insurance Group Appoints David J. Turner Jr. to Board

Pan-American Life Insurance Group appoints David J. Turner Jr. to its Board of Directors, enhancing governance and strategic leadership in the life and health insurance market in the Americas.