by Carrie Haubensak | Mar 9, 2022 | Life Insurance, news
Fitch Ratings-Chicago/New York-25 February 2022: U.S. life insurers saw their highest single period of growth over the past five years in 2021, according to Fitch Ratings’ new GAAP Results dashboard. Pre-tax operating income rose approximately 45% on an aggregate...
by Carrie Haubensak | Feb 24, 2022 | Life Insurance
U.S. life insurance application activity declined in January 2022 compared to January 2021, according to MIB Life Index, with year-over-year activity down -4.8% and representing the second consecutive month with YOY declines. When taking a historical lookback,...
by Carrie Haubensak | Feb 17, 2022 | Insurance Industry, Life Insurance, Medicare
SelectQuote, Inc. (NYSE: SLQT) reported consolidated revenue for the second quarter of fiscal year 2022 of $195.0 million compared to consolidated revenue for the second quarter of fiscal year 2021 of $357.6 million. Consolidated net loss for the second quarter of...
by Carrie Haubensak | Jan 27, 2022 | Insurance Industry, Life Insurance, news, Uncategorized
UnitedHealth Group on Wednesday started the life, health and annuity issuer earnings release season for the fourth quarter of 2021 — and its experience showed that the COVID-19 pandemic is still shaping how Wall Street sees the life and health world, almost two years...
by Carrie Haubensak | Oct 14, 2021 | Accident, Life Insurance, news
Cigna will divest its life, accident and supplemental benefits business in seven countries to insurance company Chubb in a deal valued at $5.75 billion, the insurer announced late Thursday. Those business lines operate in Hong Kong, Indonesia, Korea, New Zealand,...
by Carrie Haubensak | Oct 8, 2021 | Life Insurance, news
Non-variable universal life sales for the second quarter were $779.2 million, up 19.9% when compared to the previous quarter and up 18.1% as compared to the same period last year, according to Wink’s Sales & Market Report. Non-variable universal life sales include...
