Life Insurance
Auditors & Actuaries
Top Audit and Actuarial Firms
The firms were ranked by loss reserves.
Date: December 2023
Auditors & Actuaries: SOA Panel
Industry Panel: Pandemic Could Leave Excess Mortality Levels High for Some Time
Excess deaths in the insured population aren’t going away, according to an actuary with Fortitude Re.
Date: December 2023
Auditors & Actuaries: Health Screenings
Greater Health Screenings Could Save Life Insurers Money and Improve Mortality, Group Says
A nonprofit formed by industry executives is proposing insurers test policyholders for a battery of common causes of morbidity.
Date: December 2023
Annuities
Annuities Newcomer Aspida Life Reaping the Benefits of a Fruitful Market
Aspida started operations in June 2022 from a “clean shell” with no legacy blocks. Now the company says it’s on a $2 billion annual run-rate for new business as it focuses on bolstering its technology.
Date: December 2023
The Last Word
US P/C Downgrades Outnumber Upgrades While Life/Health Downgrades Equal Upgrades in First Half of 2023
Personal lines is having a very difficult year: in the first six months of 2023, there were eight upgrades and 21 downgrades.
Date: December 2023
Life Insurtechs
A Virtual Reality: Life Insurtechs Look Beyond Online-Only Sales for Growth
Life insurtechs find that focusing on sales in cyberspace may not go far enough in the current environment. Upstarts such as Bestow Life Insurance Co. and Wyshbox find that partnerships—with agents and legacy carriers—are key to expanding their reach.
Date: November 2023
Best’s Rankings: L/H Investment
US Life/Health – Pre-Tax Investment Total Returns – 2023 Edition
Investment returns from 2013 to 2022.
Date: November 2023
Best’s Rankings: L/H Investment
Top 25 Life/Health Insurers’ Investment Returns – 2023 Edition
Ranked by 2022 total admitted assets.
Date: November 2023
Life Insurance
RGA President: Life Reinsurance Growth Strengthens in Asia, Europe
The Hong Kong business is benefiting from the recovery of mainland China to pre-COVID-19 levels. This is a “material” source of income for the Hong Kong market, said Tony Cheng, president of Reinsurance Group of America Inc.
Date: October 2023
Behavioral Science
How Emotional Reactions to Major Events Can Help Propel Decisions, Life Insurance Sales
Behavioral science shows an individual’s feelings toward risk are useful and often beneficial in decision-making.
Date: September 2023
Emerging Asia
Foreign Insurers Race To Fill Gaps, Find Opportunity in Emerging Asia
Changing demographics and the need for coverage are among the attractions in life and nonlife markets in countries such as India and China.
Date: September 2023
L/H Mutual Insurers
Life Mutuals Are Driving Efforts To Expand Middle Market Coverage
Mutual insurers say their longer-term approach serves policyholders, who each own a stake in the business.
Date: September 2023
Best’s Rankings: Mutual Insurers
Top 25 US Life/Health Mutual Companies – 2023 Edition
Ranked by 2022 total net admitted assets.
Date: September 2023
Best's Rankings
US Life/Health – 2022 Ordinary Life Average Policy Size and Lapse Ratios – 2023 Edition
Ranked by 2022 ordinary life business issued.
Date: September 2023
Best’s Rankings
US Life/Health – Group Life Issued – 2023 Edition
Ranked by 2022 group life business issued.
Date: September 2023
Best’s Rankings
US Life/Health – Group Life In Force – 2023 Edition
Ranked by 2022 group life business in force.
Date: September 2023
Best’s Rankings
US Life/Health – Total Life Issued – 2023 Edition
Ranked by 2022 total life business issued.
Date: September 2023
Best’s Rankings
US Life/Health – Total Life In Force – 2023 Edition
Ranked by 2022 total life business in force.
Date: September 2023
Best’s Rankings
US Life/Health – Ordinary Life Issued – 2023 Edition
Ranked by 2022 ordinary life business issued.
Date: September 2023
Best’s Rankings
US Life/Health – Ordinary Life In Force – 2023 Edition
Ranked by 2022 ordinary life business in force.
Date: September 2023
Best’s Rankings
US Life/Health – Term Life Issued – 2023 Edition
Ranked by 2022 term life business issued.
Date: September 2023
Best’s Rankings
US Life/Health – Term Life In Force – 2023 Edition
Ranked by 2022 term life business in force.
Date: September 2023
Annuities
Life Insurers Leverage Higher Rates To Drive Annuity Growth
Bigger returns are now available on the simplest of products, but will consumers rush to surrender older contracts in search of higher income potential?
Date: August 2023
Best's Rankings
Largest Annuity Insurers – 2023 Edition
Ranked by 2022 market share (DPW%).
Date: August 2023
Life Insurance
Insurers Working To Narrow $12 Trillion Gap in US Life Insurance Coverage
A growing portion of the insurance industry views closing the divide as a way to shrink the larger wealth gap across various segments of the population.
Date: July 2023
Top 200 US L/H Insurers
Top 200 US Life/Health Insurers - 2023 Edition
Industry’s 2022 admitted assets decreased 4.6%.
Date: July 2023
Disability Benefits
Disability Benefits Show Signs of Moderating as Short-Term COVID-19 Claims Volume Eases
Earnings for the disability insurance market improved in 2022, according to an AM Best report, as premium revenue increased, COVID-related cases abated, and the rise of interest rates had favorable impacts on investment income and reserve assumptions.
Date: June 2023
Best's Rankings
Top 50 US Disability Writers – 2023 Edition
Ranked by 2021 direct premiums earned.
Date: June 2023
Risk Adviser
Life/Health Insurers’ Future? Promoting Well-Being
Insurance-linked wellness programs have a widespread impact.
Date: May 2023
Life Insurance
AM Best: US Life/Health Insurance Companies Impaired by Business Failure, Weak Operations
A Best’s Special Report identifies the causes of difficulties experienced by certain insurers from 2000 to 2021.
Date: May 2023
Life Insurance
AM Best: US Life/Annuity Insurers Well Positioned for 2023 Challenges
Life insurance sales in 2021 and the first half of 2022 were up because of the pandemic, but inflation and fears of recession have insurers battling now for wallet share as consumers choose where to invest, according to Edward Kohlberg, director, AM Best.
Date: April 2023
Life Insurance
Death Benefits Reach Record Levels in Pandemic Times
Death benefits paid out by life insurers in the United States reached more than $100 billion in 2021 as higher mortality in the broader population crept into books of business.
Date: March 2023
Life Insurance
Annuities Sales Grew Sharply in 2022; Strong Year in 2023 Possible
Annuities had a banner year in 2022 as volatility in equities markets prompted investors to seek stable, safer returns.
Date: February 2023