Life Insurance News Articles | InsuranceNewsNet
WEBOct 1, 2024 · We provide current and up to date life insurance news articles with topics including: insurance fraud, trials, and more! Sign up for our free E-newsletter today!
Reimagining the life insurance model in 2023 - McKinsey & Company
WEBDec 21, 2022 · In this interview, leaders from McKinsey’s insurance practice discuss the biggest life insurance trends of 2023 and how companies can prepare for success.
Life Insurance news, trends and insights - Insurance Journal
WEBLife Insurance News. Explore the newest/trending Life Insurance content. Japan’s Non-Life Insurers Must Cut Cross-Shareholdings to Zero, Industry Group Says.
Life insurers report improved mortality; actuaries say nothing's ...
WEBFeb 26, 2024 · Life insurers paid record levels of claims in 2021 as the pandemic drove mortality higher and the issue was widely cited in earnings reports as the drag on profits. That year, the industry...
A record $100 billion was paid out in life insurance benefits ... - CNN
WEBNov 28, 2022 · US life insurers paid out a record $100 billion in benefits in 2021, according to new data released Monday by the American Council of Life Insurers. That’s a nearly 11% jump from 2020, which...
How Covid has changed life insurance underwriting - CNBC
WEBDec 1, 2022 · U.S. life insurers paid more than $90 billion to beneficiaries in 2020, a 15.4% increase in payments compared to 2019 — the largest year-over-year jump since the 1918 influenza epidemic,...
New York Life delivers record 2023 results that reflect enduring ...
WEBMar 18, 2024 · NEW YORK - New York Life, America’s largest mutual life insurer1, today announced company-record financial results for 2023 that reflect its enduring financial strength. Top-line growth was driven by new company records in insurance sales and assets under management.
Redefining the future of life insurance and annuities distribution
WEBJan 8, 2024 · In this article, we discuss several of these changes, such as the decreased relevance of life insurance, the shift in value creation toward distributors, and the continued convergence toward comprehensive advice on topics including health, wealth, and …
Focus: Life insurers adapt pandemic risk models after claims jump
WEBJan 13, 2022 · Companies. Global COVID-19 life claims $5.5 bln for 9M 2021-broker. Excess deaths among U.S. policyholders 12% in 2020-trade body. Risk modellers take into account variants, vaccines, lockdowns.
McKinsey Global Insurance Report 2023 | McKinsey - McKinsey & Company
WEBNov 16, 2022 · McKinsey’s latest global life insurance research reveals the industry is facing an inflection point. A fundamental reimagination will bring significant change.