Impact of Excess Mortality after COVID-19 on Life & Health Insurance
4 years after the pandemic began in 2020, many countries still report higher death rates. For Life and Health (L&H) insurance, this poses a challenge
Life Insurance
A life insurance policy guarantees the insurer pays a sum of money to named beneficiaries when the insured dies in exchange for the premiums paid by the policyholder during their lifetime. The life insurance application must accurately disclose the insured’s past and current health conditions and high-risk activities to enforce the contract.
Life insurance provides financial protection for your family in the event of your passing. Your beneficiaries will receive money to use as they see fit, ensuring security in a difficult time. For a life insurance policy to remain in force, the policyholder must pay a single premium upfront or pay regular premiums over time.
Term life insurance policies expire after a certain number of years. Permanent life insurance policies remain active until the insured dies, stops paying premiums, or surrenders the policy.
U.S. Life Insurance Market in 2024. Top 20 Life Insurers by Premium
Total U.S. life insurance new annualized premium fell 1% in the H1 2024 to $7.4 bn and policies sold remained flat. The total number of policies sold in the 2024
US Life Insurers Report Strong 2024 Earnings and Outline Strategic Growth
US life insurers experienced a relatively stable second quarter, showing higher year-over-year earnings and unveiling strategic updates for select companies
Rising Interest Rates Boost Life Insurers’ Risk Appetite
Life insurers’ risk appetite is returning rapidly as interest rates remain higher for longer. Stock insurers are regaining appetite for asset-intensive business
Retirement Savings Gap and Life Insurance Strategies
The low interest rate years were challenging for people trying to save for retirement. Low rates made savings products and life insurance less appealing
Life Insurers’ Exposures to Illiquid Assets Have Been Rising
While life insurers’ exposures to illiquid assets have been rising, it does not necessarily lead to unmeasured risks. Private and illiquid credit cannot be traded or sold
Higher Interest Rates Improve the Outlook for Life Insurance
Higher interest rates improve the outlook for life insurers. Demand for savings-related products is surging, with US fixed annuity sales
Global Life Insurance Industry in 2024 Undergoing Significant Evolution
The life insurance industry in 2024 looks very different to 15 years ago. Low interest rates from 2008 until the inflation surge after 2021 put huge strain on the traditional life
Life Insurance & Retirement Savings. Forecast for the U.S. & Europe
The surge in interest rates to 15-year highs significantly improves the outlook for life and annuity insurance. The life insurance industry today looks very different to 15 years ago
Impact of Climate Change on Health & Life Insurance Industries
In the insurance industry, understanding of the risks related to climate change is mostly concentrated in P&C business lines as well as investments
UK Life Insurance Sector Outlook for 2024 is Improving
UK life insurance sector are likely to pass on more of the interest they earn on customer cash balances to protect their reputations as customer fairness regulation
US Life Insurers Will See a Benefit to Investment Income in 2024
US life insurers are expected to see a benefit to investment income amid high interest rates in 2024, but investors will likely still be watching for potential issues
Why Millennials Buying Life Insurance? Top Reasons
Life insurance costs and concerns for millennials plus types of insurance most important to young people. 26% of millennials had trouble affording their insurance
US Life Insurance Companies to See Growth Earnings in 2024
US Life insurers’ significant capital and short-term liquidity make them unlikely to be forced sellers of real estate assets at distressed valuations
Business Models and Investment Strategies of US Life Insurers
Private credit investments are increasingly important to the business models and investment strategies of US life insurers
Ratings of U.S. Life Insurers Are Not at Risk from CRE Exposure
Ratings of U.S. life insurers are not currently at risk from commercial real estate (CRE) exposure, given stable investment portfolios comprised of high-quality
U.S. Life Insurance Companies Investment Portfolio
Rising interest rates are expected to continue to reduce investment maintenance reserve (IMR) balances for U.S. life insurers
Australian Insurance Market Statistics for 1H 2023
The Australian Prudential Regulation Authority (APRA) has released its quarterly general and life insurance performance statistics
US Life & Non-Life Insurance Market: Asset & Investment Portfolio
The US non-life insurance market’s holdings of commercial real estate (CRE) and other real estate should withstand the challenging economic environment
7 Simple Steps How to Buy Life Insurance Policy
The decision to buy a life insurance policy is a 7 significant step in securing financial stability for loved ones in the event of one’s passing
US Life Insurers Reports Improving Mortality Results
US life insurers are expected to report improving mortality results for the second quarter and field questions related to credit risk
U.S. & European Life Insurers’ CRE Exposure is Via Commercial Mortgage Loans
U.S. life insurers’ commercial real estate (CRE) exposure is predominantly via commercial mortgage loans, with more modest exposure
Global Pension Fund Investment Slumps in Q2 2023
Global pension fund involvement in M&A plummeted in the second quarter to the lowest quarterly level since 2019, according to S&P
U.S. Life Insurance Sector Outlook Remains Neutral
The U.S. life insurance sector outlook remains neutral, and issuers are well positioned to withstand commercial real estate challenges and expected asset deterioration
Life Insurance Value Chain — Distribution & Product Management
Traditional problems Life Insurance industry for decades—such as earnings sensitivity to external factors and opaque risks will remain
Since the war began, global reinsurers have bundled risks from Ukraine, Russia, and Belarus, excluding them from reinsurance contracts. This has reduced available capital and hindered economic stability
4 years after the pandemic began in 2020, many countries still report higher death rates. For Life and Health (L&H) insurance, this poses a challenge
The positive reinsurance market outlook comes from de-risking as much as pricing with changes in terms and conditions, rising attachment points and tightening of wording
ILS market remains a significant capital source for reinsurers in 2024. Alternative capital estemated at $110 bn, with the catastrophe bond market growing to $45 bn