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Life Insurance – InsuranceNewsNet

NAIC Pushing For 2-Page Life Insurance Illustration Summary

A National Association of Insurance Commissioners working group wants to “enhance consumer understanding” with a proposed two-page summary to accompany life insurance illustrations. The group is making slow progress on the proposal, with a few issues remaining to work out.

The post NAIC Pushing For 2-Page Life Insurance Illustration Summary appeared first on InsuranceNewsNet.



POSTED AUGUST 17, 2018 6:29 PM
AXA Equitable Stresses Growth Of Advisors

Boosting the numbers of advisors and improving the productivity of those already serving the group retirement market is a big priority for AXA Equitable, the company says.

The post AXA Equitable Stresses Growth Of Advisors appeared first on InsuranceNewsNet.



POSTED AUGUST 16, 2018 9:16 AM
‘Unscheduled’ Policy Loans Can Create Sales Opportunities

There are a huge number of “unscheduled” loans that go mostly unnoticed until they become a threat to the policy or an unwelcome tax problem for the insured. These present a clear opportunity not only to help clients, but also to create new commissionable sales.

The post ‘Unscheduled’ Policy Loans Can Create Sales Opportunities appeared first on InsuranceNewsNet.



POSTED AUGUST 10, 2018 8:44 PM
Mutual Of Omaha Introduces Long-Term Care Rider

United of Omaha, a Mutual of Omaha company, has introduced a new product to help meet customers' long-term care planning needs. Since 1987, traditional long-term care insurance has been- and continues to be- a core product for Mutual of Omaha.

The post Mutual Of Omaha Introduces Long-Term Care Rider appeared first on InsuranceNewsNet.



POSTED AUGUST 09, 2018 6:24 PM
Jackson National Reports First Half 2018 Financial Results

Jackson National Life Insurance Company ® generated a record $1.4 billion in IFRS pre-tax operating income during the first half of 2018, an increase of 0.8 percent over the first half of 2017. Jackson, an indirect wholly owned subsidiary of the United Kingdom’ s Prudential plc, recorded sales and deposits of $11.2 billion in the first half of the year, and...

The post Jackson National Reports First Half 2018 Financial Results appeared first on InsuranceNewsNet.



POSTED AUGUST 08, 2018 3:00 PM
Life Index Inches Forward For A 2nd Month

Braintree, MA. (August 8, 2018) — U.S. life insurance application activity grew slightly in June up 0.7% year-over-year, according to...

The post Life Index Inches Forward For A 2nd Month appeared first on InsuranceNewsNet.



POSTED AUGUST 08, 2018 1:47 PM
2Q Roundup: Brighthouse Posts Loss; Insurers Face LTC Pain

Insurers report ups and downs in second-quarter earnings reports, with Brighthouse Financial reporting a loss. Meanwhile, long-term care policies continue to create plenty of headaches for insurers such as CNO Financial and Prudential.

The post 2Q Roundup: Brighthouse Posts Loss; Insurers Face LTC Pain appeared first on InsuranceNewsNet.



POSTED AUGUST 08, 2018 1:30 PM
Showdown Looms Over NY Push To Add Life Insurance To NAIC Rule

New York and California insurance officials signal a steadfast willingness to fight for life insurance to be included in any NAIC annuity best-interest rule.

The post Showdown Looms Over NY Push To Add Life Insurance To NAIC Rule appeared first on InsuranceNewsNet.



POSTED AUGUST 05, 2018 7:28 PM
Carriers Reshape Indexed UL While Variable UL Sales Heat Up

Universal life products are hot and insurers are wasting no time tweaking their product offerings to take advantage of a fast-selling segment. First-quarter sales of indexed universal life rose 12 percent to $486 million compared to the year-ago period.

The post Carriers Reshape Indexed UL While Variable UL Sales Heat Up appeared first on InsuranceNewsNet.



POSTED AUGUST 03, 2018 6:21 PM
MetLife Sells Remaining Stake In Brighthouse

MetLife and Genworth had different challenges to overcome in the second quarter. Metlife dumped its remaining stake in Brighthouse Financial for a loss of $212 million, which pushed down earnings.

The post MetLife Sells Remaining Stake In Brighthouse appeared first on InsuranceNewsNet.



POSTED AUGUST 02, 2018 7:53 PM

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