UK Life Insurance & Annuity Market Maintains Strong Demand
UK life insurers are poised to continue benefitting from strong bulk annuity volumes in 2025 despite potential challenges from regulatory changes
Life insurance coverage
Life insurance coverage is a type of financial protection that provides monetary support to beneficiaries upon the insured individual’s death. This coverage is designed to offer financial security to the policyholder’s family or dependents. It typically involves regular premium payments in exchange for a lump sum payout, known as the death benefit, which helps cover expenses such as funeral costs, outstanding debts, or daily living expenses.
Various types of life insurance policies exist, including term life insurance, which provides coverage for a specified period, and whole life insurance, which offers lifelong coverage with an added savings component. Policies may differ in terms of benefits, coverage limits, and conditions.
Life insurance can be tailored to individual needs and financial goals, making it a versatile option for financial planning. It is essential for individuals to assess their coverage needs based on their financial obligations and family circumstances to ensure they select the appropriate policy.
U.S. Life Insurers Use Reinsurance to Reduce Long-Term Care Insurance Risk
U.S. life insurers have used reinsurance to reduce exposure to long-term care (LTC) insurance. The transactions strengthen balance sheets, improve capital efficiency
U.S. Life Insurance Premium and Annuity Sales Growth Trends in 2024-2025
U.S. individual life insurance premium is on track to reach a record $16 bn in 2024 and continue growing in the current year, as the market continues riding a bounce
North American Life Insurer Credit Losses Will Remain Benign in 2025
North American life insurer credit losses will remain benign in 2025, despite modest increases due to ongoing pressure on commercial real estate (CRE) assets
Canadian Life Insurance New Premium Rises to $478 mn in Q3 2024
Total new annualized premium for Canadian life insurance increased 4% to $478 mn in Q3 2024. Despite the rise in premium, the policy count dropped 17%
Global Life Insurance Market in 2025-2026 Will Grow by 3% Annually
Global life insurance premiums are projected to grow at an annual rate of 3% in 2025 and 2026, more than double the average growth of the past decade
U.S. Life Insurers Positioned for Lower Interest Rates Amid Yield Curve Shifts
U.S. life insurers are prepared for lower interest rates, with stable earnings and capital that will remain within rating thresholds
German Life Insurer Ratings Unaffected by Solvency II Reductions
German life insurer ratings remain unaffected by reductions in Solvency II (S2) transitional measures, despite higher bond yields, focuses on fundamental S2
Canada’s Life & Annuity Insurers Perform Strongly Amid Transition to IFRS 17
Canada’s life and annuity insurance sector’s solid performance, boosted by economic growth and favorable interest rates
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
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
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
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
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
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
Top 10 Trends in the Global Life Insurance Market 2024
High demand for global life insurance and increased worldwide risk awareness sparked by the pandemic have encouraged carriers to personalize solutions
UK life insurers are poised to continue benefitting from strong bulk annuity volumes in 2025 despite potential challenges from regulatory changes
U.S. Financial Stability Oversight Council said
there has been a shift in the composition of life insurers’ liabilities and an increase of private equity firms
U.S. life insurers have used reinsurance to reduce exposure to long-term care (LTC) insurance. The transactions strengthen balance sheets, improve capital efficiency
The enhancements to regulatory standards are supportive of ratings for North American life insurers, which are generally expected to maintain strong balance sheets