Annuity

Symetra Launches Two New Registered Index-linked Annuities

Retrieved on: 
Wednesday, June 2, 2021
Professional services, Insurance, Finance, Sumitomo Life, Symetra, Finance, Annuity, Prospectus, Money

Symetra Trek Plus and Symetra Trek Frontier are individual single-premium deferred annuity contracts with index-linked interest options issued by Symetra Life Insurance Company (SLIC).

Key Points: 
  • Symetra Trek Plus and Symetra Trek Frontier are individual single-premium deferred annuity contracts with index-linked interest options issued by Symetra Life Insurance Company (SLIC).
  • SYMETRA LIFE INSURANCE COMPANY (Symetra) has filed a registration statement (including a prospectus) with the SEC for Symetra Trek Frontier and for Symetra Trek Plus.
  • For more complete information about Symetra, Symetra Trek Frontier and Symetra Trek Plus, you should read the prospectus and other documents Symetra has filed with the SEC before purchasing.
  • Symetra, Symetra Trek Frontier and Symetra Trek Plus are registered service marks of Symetra Life Insurance Company.

Sapiens Launches BotConnect and LiveConnect - Its Newly Enhanced DigitalSuite Components

Retrieved on: 
Wednesday, May 12, 2021
Actuarial science, Insurance, Insurance in the United States, Types of insurance, Reinsurance, Finance, Money, Annuity, General insurance

"Sapiens enables insurers to promote more personalized communications and meet increased customer expectations.

Key Points: 
  • "Sapiens enables insurers to promote more personalized communications and meet increased customer expectations.
  • "\nSapiens\' module-based DigitalSuite enables insurers to select the specific components that address the challenges unique to their business needs, essentially delivering digital their way.
  • The ability to mix and match components provides exceptional value and allows carriers to transform current technology into a future-ready solution at their own pace.
  • Sapiens offers digital software platforms, solutions and services for the property and casualty, life, pension and annuity, reinsurance, financial and compliance, workers\' compensation and financial markets.

Sapiens Launches BotConnect and LiveConnect - Its Newly Enhanced DigitalSuite Components

Retrieved on: 
Wednesday, May 12, 2021
Actuarial science, Insurance, Insurance in the United States, Types of insurance, Reinsurance, Finance, Money, Annuity, General insurance

"Sapiens enables insurers to promote more personalized communications and meet increased customer expectations.

Key Points: 
  • "Sapiens enables insurers to promote more personalized communications and meet increased customer expectations.
  • "\nSapiens\' module-based DigitalSuite enables insurers to select the specific components that address the challenges unique to their business needs, essentially delivering digital their way.
  • The ability to mix and match components provides exceptional value and allows carriers to transform current technology into a future-ready solution at their own pace.
  • Sapiens offers digital software platforms, solutions and services for the property and casualty, life, pension and annuity, reinsurance, financial and compliance, workers\' compensation and financial markets.

Newsweek Names Pacific Life a 2021 Best Customer Service Company

Retrieved on: 
Monday, May 3, 2021
Professional services, Insurance, Finance, Insurance, Life insurance, Annuity, Pacific Life, DALBAR, PACIFIC LIFE, DALBAR

b'Pacific Life\xe2\x80\x99s Life Insurance Division has been named a 2021 Best Customer Service Company in Newsweek\xe2\x80\x99s annual \xe2\x80\x9cBest of Customer Service\xe2\x80\x9d awards.

Key Points: 
  • b'Pacific Life\xe2\x80\x99s Life Insurance Division has been named a 2021 Best Customer Service Company in Newsweek\xe2\x80\x99s annual \xe2\x80\x9cBest of Customer Service\xe2\x80\x9d awards.
  • Each category was comprised of 15-20 companies, and the three brands with the highest scores in each category were awarded \xe2\x80\x9cAmerica\xe2\x80\x99s Best Customer Service 2021.\xe2\x80\x9d\nIn addition to this award, DALBAR recognized Pacific Life for providing outstanding telephone service and policyowner support in 2020.
  • For additional company information, including current financial strength ratings, visit www.PacificLife.com .\nPacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company.
  • Your life insurance producer can help you determine which optional riders are available and appropriate for you.\nPacific Life Insurance Company is located in Newport Beach, California.\n'

Sapiens to Announce First Quarter 2021 Financial Results on May 4, 2021

Retrieved on: 
Thursday, April 22, 2021
Insurance in the United States, Insurance, Sapiens International Corporation, Reinsurance, Finance, Annuity, Money, Reinsurance companies

A replay of the call will be available one business day following the completion of the event at the same location for 90 days.\nSapiens International Corporation empowers insurers to succeed in an evolving industry.

Key Points: 
  • A replay of the call will be available one business day following the completion of the event at the same location for 90 days.\nSapiens International Corporation empowers insurers to succeed in an evolving industry.
  • The company offers digital software platforms, solutions and services for the property and casualty, life, pension and annuity, reinsurance, financial and compliance, workers' compensation and financial markets.
  • With more than 35 years of experience delivering to more than 600 organizations globally, Sapiens has a proven ability to satisfy customers' core, data and digital requirements.
  • For more information: www.sapiens.com .\n"

National Western Life Insurance Company (NWL®) launches Equisoft/manage, a flexible cloud-based policy administration system

Retrieved on: 
Tuesday, April 6, 2021
Insurance, Types of insurance, Insurance in the United States, Finance, Financial services in the United States, Life insurance, Annuity

It includes enhanced New Business and self-service portals designed for advisers and customers, along with an industry-leading core administration capability - the Oracle Insurance Policy Administration (OIPA).

Key Points: 
  • It includes enhanced New Business and self-service portals designed for advisers and customers, along with an industry-leading core administration capability - the Oracle Insurance Policy Administration (OIPA).
  • "Implementing a flexible and scalable policy administration platform with a user-friendly servicing portal was a key component in our strategy.
  • Headquartered in Austin, Texas, National Western Life Insurance Company offers a broad portfolio of high-quality life insurance and annuity products, providing professional and friendly service to its policyholders and agents.
  • National Western Life Group, Inc. is the parent organization of National Western Life Insurance Company, which is the parent organization of Ozark National Life Insurance Company, both stock life insurance companies in aggregate offering a broad portfolio of individual universal life, whole life and term insurance plans, as well as annuity products.

FBL Financial Group Special Committee Sends Letter to Shareholders

Retrieved on: 
Wednesday, March 17, 2021
Banking, Professional services, Insurance, Finance, Academic disciplines, Actuarial science, American Farm Bureau Federation, FBL Financial Group, FBL, Insurance, Annuity, Articles, Finance

The Special Committee includes seasoned, experienced directors with public company board and insurance industry expertise, who have a singular focus on maximizing value for FBL Financial Groups unaffiliated shareholders.

Key Points: 
  • The Special Committee includes seasoned, experienced directors with public company board and insurance industry expertise, who have a singular focus on maximizing value for FBL Financial Groups unaffiliated shareholders.
  • The Special Committee promptly retained independent financial and legal advisors to assist with its review and evaluation of FBCICs proposal on behalf of unaffiliated FBL Financial Group shareholders.
  • The Special Committee also retained Milliman, a leading actuarial consultant, to prepare a detailed, policy-by-policy actuarial appraisal model of FBL Financial Groups life and annuity operations cash flow profile.
  • Capital Returns Management, LLC (CRM), a holder of approximately 0.5% of the Class A common stock of FBL Financial Group, is soliciting votes in opposition to the transaction that the Special Committee recommends.

PHP Agency Announces Chief Operations Officer David Vega

Retrieved on: 
Tuesday, March 16, 2021
Programming languages, Computer programming, Insurance in the United States, Insurance, PHP, Annuity

ADDISON, Texas, March 16, 2021 /PRNewswire/ -- PHP Agency, Inc., a nationwide life insurance field marketing organization, announced the appointment of new leadership to the executive team.

Key Points: 
  • ADDISON, Texas, March 16, 2021 /PRNewswire/ -- PHP Agency, Inc., a nationwide life insurance field marketing organization, announced the appointment of new leadership to the executive team.
  • David Vega has been named Chief Operations Officer.He brings over 25 years of operations and product experience in the insurance industry to the company.
  • Vega will be responsible for leading the agency's back-office operations, including new business for life insurance and annuity products, licensing and contracting, the call center and related field support functions.
  • Founded in 2009, PHP Agency Inc. is a tech-enabled national financial services organization.

Equitable Adds Protection Features to its Tax-Deferred Variable Annuity

Retrieved on: 
Thursday, March 4, 2021
Banking, Professional services, Finance, Finance, United States securities law, Money, Financial services in the United States, Broadway, AXA, Equitable Holdings, Equitable, Securities Investor Protection Corporation, Financial Industry Regulatory Authority, Financial adviser, Annuity, Investment Edge, Equitable

The latest version of Investment Edge adds an investment choice with partial downside protection from equity market losses similar to Equitables Structured Capital Strategies registered index-linked annuity.

Key Points: 
  • The latest version of Investment Edge adds an investment choice with partial downside protection from equity market losses similar to Equitables Structured Capital Strategies registered index-linked annuity.
  • Overall, Equitable is the brand name of the retirement and protection subsidiaries of Equitable Holdings, Inc., including Equitable Financial Life Insurance Company (NY, NY), Equitable Financial Life Insurance Company of America, an AZ stock company with main administrative headquarters in Jersey City, NJ, and Equitable Distributors, LLC.
  • Equitable Advisors is the brand name of Equitable Advisors, LLC (member FINRA, SIPC) (Equitable Financial Advisors in MI and TN).
  • Co-distributors: Equitable Distributors, LLC and Equitable Advisors, LLC (member FINRA, SIPC) (Equitable Financial Advisors in MI & TN).

MetLife Completes $5 Billion Longevity Reinsurance Transactions with Rothesay

Retrieved on: 
Thursday, February 25, 2021
Other Professional Services, Professional services, Insurance, Finance, Actuarial science, Academic disciplines, Finance, MetLife, Reinsurance, Insurance, Longevity risk, Annuity, MetLife, Rothesay

MetLife, Inc. announced today that its subsidiary, Metropolitan Tower Life Insurance Company, has closed its second and third longevity reinsurance transactions with Rothesay Life Plc, reinsuring approximately $5 billion of pension liabilities associated with two U.K. bulk annuity transactions completed in the fourth quarter of 2020.

Key Points: 
  • MetLife, Inc. announced today that its subsidiary, Metropolitan Tower Life Insurance Company, has closed its second and third longevity reinsurance transactions with Rothesay Life Plc, reinsuring approximately $5 billion of pension liabilities associated with two U.K. bulk annuity transactions completed in the fourth quarter of 2020.
  • With these transactions, we will continue to execute on our strategy, using our actuarial expertise and history managing longevity risk to expand our footprint within the U.K. longevity reinsurance market.
  • We are pleased to continue to grow our relationship with MetLife through these longevity reinsurance agreements.
  • Reinsurance contracts are issued by Metropolitan Tower Life Insurance Company (Met Tower), Lincoln NE, a wholly owned subsidiary of MetLife.