Key Takeaways Manulife's Asia unit drives growth with strong volumes, attractive margins and scaling focus.Acquisitions in Canada, Hong Kong, and the U.S. expand insurance, retirement and wealth reach.Global WAM adds diversification with new U.S. funds and Annexus partnership expanding reach.Manulife Financial Corporation (MFC) is reinforcing its foundation by leaning on organic drivers such as strong new business growth, steady net inflows in its wealth and asset management operations and rising efficiency ...

The best way to plan for retirement is to assume that you're not going to get any help. Unlike in previous generations, where corporate pensions could be relied upon to provide the bulk of retirement income, savings is much more of a "do-it-yourself" scenario these days. And although Social Security remains a bedrock of the American retirement system, there will undoubtedly be changes to the program in the future, as it's projected to become insolvent in 2034. Fortunately, there are plenty of accounts, tool ...

Group 1: Annuities Popularity - Annuities are increasingly favored by financial advisors, with 50% allocating more client investments into them [1] - Consumer interest in annuities is also high, with 64% willing to invest in them compared to 36% for the stock market [2] Group 2: Market Volatility Impact - Recent market volatility, particularly due to tariff wars, has led to significant declines in the S&P 500, dropping over 10% in a week [3] - Growth-oriented stocks, especially in artificial intelligence, faced severe losses during this period [3] Group 3: Stability and Cash Flow - Annuities provide steady valuations and cash flow during market volatility, making them attractive for retirees who need stability [5][4] - Indexed annuities do not lose value in a market crash, offering a safety net for investors [5] Group 4: Inflation Considerations - Inflation prompts risk-averse investors to seek low-risk assets like annuities, which can outperform inflation due to elevated rates [6] - Annuities offer lifetime payments that remain stable even if interest rates are cut, protecting purchasing power against inflation [7] Group 5: Long-term Appeal - Persistent inflation increases the attractiveness of annuities for retirees, as they provide a reliable income stream [8] - While bonds are also considered, they have maturity limits and may not offer as favorable rates in the future [8]

Shares of Prudential Financial, Inc. (PRU) are trading at a discount compared to the Zacks Insurance - Multi line industry. Its forward price-to-earnings of 7.11X is lower than its five-year median of 7.92 and the industry average of 8.86X. The insurer has a Value Score of B. Image Source: Zacks Investment ResearchHowever, shares of other insurers like Horace Mann Educators Corporation (HMN) and Assurant, Inc. (AIZ) are trading at a multiple higher than the industry average. Horace Mann Educatorsis trading ...

Key Takeaways Lincoln National has risen 29.4% YTD, far ahead of the industry's 1.2% average gain.Annuity sales grew 17.2% in 1H25, while group protection income rose 30.5% year over year.LNC ended June 2025 with $7.1B in cash, up 23.1% from 2024, and offers a 4.4% dividend yield.Lincoln National Corporation (LNC) is strategically positioned for growth, supported by strong performance in its Annuities and Group Protection segments, the introduction of new products and enhancement of the existing ones, effec ...

Aquarian Holdings, leading a consortium, is in “advanced” negotiations to acquire Brighthouse Financial, with a potential offer ranging from $65 to $70 per share, reported Bloomberg, citing sources. The deal could value the insurance service provider at approximately $4bn, the news agency noted. Aquarian is collaborating with co-investors such as the Qatar Investment Authority and Mubadala Capital, which are expected to contribute more than half of the capital for the acquisition. Brighthouse may soon d ...

Core Insights - The life insurance industry is facing challenges as consumers under 40 are delaying traditional life milestones, impacting their purchasing decisions for life insurance [2][3] - Despite 68% of adults under 40 viewing life insurance as essential, current offerings do not meet their financial priorities, leading to low adoption rates [1][4] - The report highlights a significant wealth transfer expected over the next 15-20 years, with millennials and Gen Z anticipating an average inheritance of US$106,000 per person, indicating a potential market for life insurance [3] Consumer Behavior - 63% of consumers under 40 have no immediate marriage plans, and 84% of both single and married individuals do not plan to have children soon, which are traditional triggers for purchasing life insurance [2] - Key barriers to purchasing life insurance include misalignment with current life stages (32%), high premium costs (28%), and lack of immediate benefits (25%) [7][8] - Younger consumers are increasingly seeking living benefits such as emergency financial support and wellness rewards rather than traditional death benefits [5][7] Industry Response - Life insurers are beginning to recognize the need to adapt their offerings to meet the expectations of under-40 consumers, focusing on living benefits and simplifying the purchasing process [5][6] - The report suggests that life insurers must innovate their products, empower advisors with AI tools, and forge strategic partnerships to remain relevant [11][10] - There is a significant gap in technological capabilities, with 59% of under-40s wanting direct digital engagement, yet only 31% of insurers currently provide such platforms [9] Recommendations for Transformation - The report recommends that life insurers focus on three core pillars: innovating products with living benefits, empowering advisors with modern tools, and forming strategic partnerships to integrate life insurance into everyday experiences [10][11] - Insurers need to address misconceptions about pricing and demonstrate the accessibility and affordability of life insurance to appeal to younger adults [8][9]

Core Insights - Retirement planning for older adults often focuses on income stability rather than growth, addressing concerns about financial security and the fear of outliving savings [3][4] Group 1: Financial Situation of Older Adults - Many older adults, like Jake, may appear financially secure with multiple income streams but still feel uneasy about their future [2] - Monthly expenses for older adults can be significant, with Jake facing $7,000 in expenses, including mortgages and maintenance [2] Group 2: Strategies for Financial Security - Evaluating rental properties is crucial; determining cash flow after expenses can inform whether to keep or sell properties [4] - Reassessing annuities can lead to better financial products; transferring to lower-fee or higher-earning options may be beneficial, especially after the surrender period [5] - Leveraging real estate income by paying off mortgages can reduce monthly costs, allowing for a more stable income stream [6]

Summary of Brookfield Corporation's 2025 Investor Day Company Overview - **Company**: Brookfield Corporation (NYSE: BN) - **Date of Investor Day**: September 10, 2025 - **Key Focus**: Evolution of business strategy, growth opportunities, and financial performance Core Industry Insights - **Investment Strategy**: Emphasis on value investing and access to capital as key drivers of growth [1][2] - **Asset Management**: Growth in assets under management (AUM) to $1 trillion and operating income to $19 billion [4] - **Market Trends**: - AI presents a $7 trillion opportunity [4] - Aging populations increasing demand for wealth products [5] - Real estate recovery is underway, with strong operating fundamentals [6] Financial Performance Highlights - **Earnings Growth**: 22% annualized earnings growth over the past five years, with a target of 25% compound annual growth in the next five years [15][16] - **Capital Raising**: Raised over $95 billion in capital and deployed $135 billion into new investments [18][19] - **Distributable Earnings**: Wealth solutions business generated $1.7 billion in distributable earnings [19] Strategic Initiatives - **AI Investments**: $200 billion investment project in AI infrastructure, expected to be a major business segment within 10 years [5] - **Wealth Solutions**: Targeting $600 billion in assets through integrated investment-led insurance strategies [11][43] - **Real Estate Strategy**: Anticipating $24 billion in capital generation through real estate transactions [42] Growth Projections - **Future Earnings**: Projected growth in distributable earnings to $10.40 per share by the end of the planned period [51] - **Valuation**: Planned value per share expected to grow to $210, reflecting a 16% compound annual growth rate [51] Risk Management and Capital Allocation - **Conservative Balance Sheet**: Focus on maintaining high liquidity and capital efficiency [17][46] - **Capital Allocation Strategy**: Centralized approach to allocate cash flow to areas with the best return potential [46][47] Key Takeaways - **Long-term Growth**: Brookfield is well-positioned to deliver 15% plus returns to shareholders, supported by a diversified earnings stream and strategic capital allocation [53] - **Market Position**: The company has a strong competitive advantage in real estate and wealth solutions, with a focus on sustainable growth and risk management [44][54] Additional Insights - **Carried Interest**: Expected to generate $25 billion in net realized carried interest over the next 10 years, significantly increasing from $4 billion in the past decade [34][36] - **Real Estate Portfolio**: Focus on core and transitional assets, with a strong emphasis on high-quality properties in key global markets [58][59] This summary encapsulates the key points discussed during Brookfield Corporation's 2025 Investor Day, highlighting the company's strategic direction, financial performance, and growth opportunities in the evolving market landscape.

Company Overview - CNO Financial Group focuses on securing the future of middle-income America by providing insurance and financial services [3, 4]. - The company has a market capitalization of $3.8 billion and total assets of $37 billion [8]. - In 2024, CNO Financial Group paid $2.1 billion in claims [8]. - The company distributes products through direct, career, and independent channels [24]. Financial Performance & Growth - In 2024, New Annualized Premium (NAP) generated was $353 million, excluding annuities and third-party products [30]. - Colonial Penn NAP grew from $72 million in 2018 to $116 million in 2024, representing a CAGR of 8.3% [32]. - Colonial Penn NAP from partners increased from $12 million in 2021 to $45 million in 2024, a CAGR of 55% [35]. - Annuity collected premiums grew from $1.4 billion in 2021 to $1.8 billion in 2024, with a CAGR of 8.7% [56]. - Client assets in securities increased from $2.9 billion in 2021 to $4.1 billion in 2024, a CAGR of 12.2% [57]. Medicare & Agent Network - Medicare Advantage (MA) enrollment increased from 127,000 in 2021 to 167,000 in 2024, a CAGR of 11.0% [41]. - The number of producing agents increased from 4,230 in 2021 to 4,450 in 2024, a CAGR of 1.7% [47]. - The number of representatives/advisors increased from 650 in 2021 to 720 in 2024, a CAGR of 3.5% [48].