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Fitch upgrades Fortitude Re’s ratings on improved company profile
ReinsuranceNe.ws· 2025-11-21 09:00
Fitch Ratings has upgraded Fortitude Re’s ratings, citing an improved company profile that has strengthened in recent years through a series of strategic transactions, including reinsurance deals that have expanded the company’s scale and diversified its risk exposure.Notably, Fitch has upgraded Fortitude Reinsurance Company Ltd. (FRL) and Fortitude Life Insurance & Annuity Company’s (FLIAC) Insurer Financial Strength (IFS) ratings to ‘A- from ‘BBB+’.The rating agency has also upgraded the Issuer Default Ra ...
Citi Raises Aegon (AEG) Price Target to EUR 7.69 and Reaffirms Buy Rating
Yahoo Finance· 2025-11-20 03:37
Aegon Ltd. (NYSE:AEG) is included among the 12 Best European Dividend Stocks to Buy Now. Citi Raises Aegon (AEG) Price Target to EUR 7.69 and Reaffirms Buy Rating Photo by nathan dumlao on Unsplash Aegon Ltd. (NYSE:AEG) received a price target boost from Citigroup on Nov​ember 17, with the firm​ lifting its e⁠stima‍te to EUR 7.69 from EUR 6.38 while reiterating a Buy ra‌ting, according to a report by The Fly. In the third quarter‍ of 2025, Management noted​ t⁠hat Transamerica, its biggest un‌it, kept w ...
Prudential Financial Stock: Analyst Estimates & Ratings
Yahoo Finance· 2025-11-18 12:17
With a market cap of $37.5 billion, Prudential Financial, Inc. (PRU) is a major U.S.-based financial services company offering life insurance, retirement solutions, and global asset management through its PGIM division, which oversees about $1.5 trillion in assets. Its diversified model spans U.S. and international insurance, retirement products like annuities and pension risk transfers, and institutional asset management. Shares of the insurance provider have trailed the broader market over the past year ...
The 5 Biggest Chinese Insurance Companies
Investopedia· 2025-11-17 15:20
Close The Chinese insurance market has grown at a furious pace in recent years. Based on 2019 research, the Swiss Re Institute projected that China's share of global premiums will increase from 11% in 2018 to 20% by 2029, easily surpassing that of the United States, which is currently the leader in the $5 trillion (USD) global market. In the institute's 2021 report, China is still the market to watch, "where economic and premium growth continue at a strong pace." China's strong economy, high levels of gover ...
Aegon trading update for third quarter 2025
Globenewswire· 2025-11-13 06:00
Core Insights - Aegon reported strong progress in business transformation during Q3 2025, with notable growth in its largest segment, Transamerica, particularly in life and annuity sales [2][3] - The company is on track to meet its full-year operating capital generation (OCG) target of EUR 1.2 billion for 2025, with a reported OCG of EUR 340 million before holding funding and operating expenses [3][7] - Aegon plans to provide updates on its strategy and financial targets during the upcoming Capital Markets Day on December 10, 2025, including a review of a potential relocation of its legal domicile and head office to the United States [3][7] Business Performance - Transamerica's distribution network continued to expand, contributing to strong commercial momentum, with individual life sales increasing by 39% compared to the previous year [7] - Despite some outflows in the UK due to the departure of two large, low-margin schemes, Aegon's Asset Management and International businesses showed continued growth [2][7] - The company maintained strong capital ratios across its main units, with cash capital at holding reported at EUR 1.9 billion, reflecting recent share sales and dividend payments [7] Market Position and Strategy - Aegon operates a diverse portfolio, including fully owned businesses in the US and UK, and engages in strategic partnerships in various international markets [8][9] - The company emphasizes its commitment to addressing critical environmental and societal issues as part of its corporate purpose [9] - Aegon's ongoing share buyback program is 54% complete, indicating a proactive approach to capital management [7]
Manulife Launches Global Longevity Institute Committing $350M by 2030 to Accelerate Progress on Lifelong Health and Financial Resilience
Prnewswire· 2025-11-12 22:01
Accessibility StatementSkip Navigation Global research, advocacy and community investment platform created to advance innovation that will reimagine aging and lifelong well-being Initial actions include new research with Milken Institute, Longevity Symposiums across global markets, and more John Hancock will host its third Longer. Healthier. Better. Longevity Symposium in the U.S. in April 2026. The launch of the Longevity Institute quickly follows John Hancock's inaugural Longevity Preparedness Index — de ...
CORRECTION -- TIAN RUIXIANG Holdings Ltd. Enters Into Agreement to Acquire REN Talents Inc.
Globenewswire· 2025-11-07 15:48
Core Viewpoint - TIAN RUIXIANG Holdings Ltd. has announced a definitive agreement to acquire REN Talents Inc., enhancing its presence in the U.S. and European markets and diversifying its business beyond insurance services [1][3]. Company Overview - TIAN RUIXIANG Holdings Ltd. is an insurance broker based in Beijing, China, offering a variety of insurance products, including property and casualty insurance, health insurance, and life insurance [4]. - REN Talents Inc. is a creative brand agency founded in 2021, with offices in New York and Paris, specializing in brand strategy, marketing, and content development for clients in fashion, beauty, lifestyle, and technology [2][5]. Acquisition Details - The acquisition involves the issuance of 3,211,010 Class A ordinary shares at a price of $2.18 per share, with the transaction expected to close around November 5, 2025 [1]. - REN Talents Inc. has worked with over 100 clients across various industries, including notable brands like ANTA, Xiaomi, and Miniso, and manages high-profile talents [2][5]. Strategic Implications - The acquisition is part of TRX's globalization strategy, aiming to integrate insurance services into consumer and lifestyle sectors, thereby creating an "Insurance + Brand + Lifestyle" ecosystem [3]. - The U.S. and Europe are identified as critical markets due to their mature financial systems and strong consumer spending, which will support TRX's growth and brand influence [3].
F&G Annuities & Life Announces 14% Increase in Quarterly Common Stock Dividend and Declares Dividend on Preferred Stock
Prnewswire· 2025-11-07 12:30
Core Points - F&G Annuities & Life, Inc. has announced a 14% increase in its quarterly cash dividend, raising it from $0.22 to $0.25 per common share [1] - The new dividend will be payable on December 31, 2025, to stockholders of record as of December 17, 2025 [1] - Additionally, a quarterly cash dividend of $0.859375 per share of F&G's 6.875% Series A Mandatory Convertible Preferred Stock has been declared, to be paid on January 15, 2026, to holders of record as of January 1, 2026 [2] Company Overview - F&G Annuities and Life, Inc. is a leading provider of insurance solutions, serving both retail annuity and life customers as well as institutional clients [3] - The company is headquartered in Des Moines, Iowa [3]
Fidelity National Financial (NYSE:FNF) Beats Expectations in Strong Q3
Yahoo Finance· 2025-11-06 21:43
Core Insights - Fidelity National Financial (NYSE:FNF) exceeded Wall Street's revenue expectations in Q3 CY2025, reporting sales of $4.03 billion, which represents an 11.9% year-on-year growth and a 13% beat against analyst estimates [1][2] - The company's non-GAAP profit was $1.63 per share, surpassing analysts' consensus estimates by 14.5% [1][2] Company Overview - Fidelity National Financial is the largest issuer of title insurance policies in the United States, providing title insurance and escrow services for real estate transactions, as well as offering annuities and life insurance through its F&G subsidiary [3] Revenue Growth - Over the past five years, Fidelity National Financial has achieved a compounded annual growth rate of 8.4% in revenue, slightly above the average for insurance companies, indicating strong customer resonance with its offerings [4]
Brighthouse Financial Cancels Conference Call to Discuss Third Quarter 2025 Results and Provides Select Preliminary Financial Results
Businesswire· 2025-11-06 12:45
Core Viewpoint - Brighthouse Financial has entered into a definitive merger agreement with Aquarian Capital, which will acquire the company for $70.00 per common share in cash, leading to the cancellation of the scheduled conference call to discuss Q3 2025 results [1][2]. Financial Performance Metrics - Brighthouse Financial is expected to release its third quarter 2025 earnings and financial supplement after market close [2]. - The company reported a statutory combined total adjusted capital of $5.4 billion [5]. - The estimated combined risk-based capital ratio is between 435% and 455% [5]. - Holding company liquid assets amount to $1.0 billion [5]. Company Overview - Brighthouse Financial, Inc. is one of the largest providers of annuities and life insurance in the U.S., focusing on products that help individuals achieve financial security [2].