U.S. life insurers are piling into higher-returning but illiquid and opaque privately placed debt, raising concerns about what happens should they suddenly need to sell the securities.
Tag: life insurers
Life Insurance Is Profitable Again, but Too Late for Many Insurers
Higher interest rates, driven by the Federal Reserve’s anti-inflationary campaign, have provided the life insurance industry a new opportunity to profit.
Life Insurers Paid a Record $100 Billion in Death Benefits in 2021
U.S. life insurers paid a record $100 billion in death benefits in 2021, fueled by another year of Covid-19 deaths.
U.S. Life Insurance Premiums Exceed $200B for First Time Ever in 2021
U.S. life insurers saw their yearly direct life insurance premiums surpass $200 billion for the first time in history in 2021, according to an S&P Global Market Intelligence analysis of annual statutory statements. In aggregate, the combined group and ordinary, or individual, direct life premiums climbed 9.9% year over year to $204.7 billion in 2021.… Continue reading U.S. Life Insurance Premiums Exceed $200B for First Time Ever in 2021
North America Life Insurers Embrace Predictive Analytics to Elevate their Business
North America’s life insurance industry will increase its investment in predictive analytics capabilities over the coming years, according to Willis Towers Watson, a leading global advisory, broking and solutions company. Findings from the company’s Life Predictive Analytics Survey show that life insurers recognize they need to invest in predictive analytics to address earnings and profitability… Continue reading North America Life Insurers Embrace Predictive Analytics to Elevate their Business