Tue.Jan 11, 2022

Top Sentiment Analysis Tools in 2022

Netbasequid

As we head into the new year, it’s never been more important to keep an eye on consumer sentiment.

NAILBA May Merge With Finseca

Wink Intel

Finseca — the group formed from the merger of the Association for Advanced Life Underwriting with GAMA International — may combine with the National Association of Independent Life Brokerage Agencies. NAILBA and Finseca announced today that their boards have voted to start the process of looking into a merger.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

SEC 6 Big Rules the SEC Plans to Tackle in 2022

Wink Intel

The Securities and Exchange Commission’s fall regulatory agenda lists numerous rules the agency plans to propose or establish in the new year. Before year-end, the agency proposed rules for comment on money market funds as well as proxy voting advice. The SEC issued on Dec. 17 sweeping guidance on its Form CRS rule, but SEC Chairman Gary Gensler’s 2022 regulatory agenda does not include reforms to Regulation Best Interest.

2022: The Year Consumers Discover Annuities

Wink Intel

Have you ever experienced the solution to a problem being in plain sight, only to pass over it? The time for consumers to notice the obvious is coming for annuity products in 2022. This will be the year that consumers proactively seek information and advice to explore the solutions that annuity products can provide, to address some of their financial challenges. The stars are fully in alignment, and a number of forces are driving increased interest in annuities.

Regulators Continued Targeting Annuity Sales In 2021

Wink Intel

Regulators were busy in 2021 and annuity sales remained a prime target. Controversial rules put forth by the Securities and Exchange Commission and New York State regulators attracted plenty of attention and readers. Meanwhile, the Department of Labor made noise about taking another stab at a fiduciary standard. Click HERE to read the full story via INN. The post Regulators Continued Targeting Annuity Sales In 2021 appeared first on Wink. Industry Articles

Pacific Life to pay $3 million for doing unlicensed business

Wink Intel

Pacific Life Insurance will pay a penalty of $3 million for violating New York insurance law in connection with the company’s pension risk transfer business. Click HERE to read the full story via InvestmentNews. The post Pacific Life to pay $3 million for doing unlicensed business appeared first on Wink. Industry Articles

Fortitude Re, Midwest Holdings pursue ‘triangle’ strategies

Wink Intel

Fortitude Re, a reinsurer backed by The Carlyle Group, a $276 billion private equity firm, is completing its annuity-reinsurance-asset management strategy. Midwest Holdings’ life insurer, American Life, has launched a new indexed annuity pegged to an ‘ESG’ index. Click HERE to read the full story via RIJ. The post Fortitude Re, Midwest Holdings pursue ‘triangle’ strategies appeared first on Wink. Industry Articles

More Trending

Blockchain Technology and Life Insurance

Wink Intel

In an environment of fast-emerging crypto and blockchain technology, searches like “Bitcoin and Life Insurance,” are producing a wide range of content and topics.

When Was The Term ‘Wirehouse’ First Used?

Wink Intel

Morgan Stanley, Wells Fargo, UBS and Merrill Lynch all compete fiercely on technology today, but the roots of the term “wirehouse,” which is often used to describe them, reach back to a system from almost 200 years ago. Click HERE to read the full story via Financial Advisor IQ. The post When Was The Term ‘Wirehouse’ First Used? appeared first on Wink. Industry Articles

F&G’s Parent to Get New CEO: Personnel Moves

Wink Intel

The board of Fidelity National Financial — the Jacksonville, Florida-based title insurance company that acquired F&G, a major annuity issuer — has named Mike Nolan to be the company’s new CEO. Nolan has been Fidelity National’s president since 2016. He has been working for Fidelity National since 1983. Randy Quirk, the current CEO, will become the company’s executive vice chairman. William P. Foley II, the board chairman, will continue to be the chairman.

40

Allianz Completes Reinsurance Deal For $35B FIA Portfolio

Wink Intel

Allianz Life announced today that it has completed the reinsurance agreement with affiliates of Sixth Street, including Talcott Resolution Life Insurance Company, and Resolution Life, for a $35-billion fixed index annuity portfolio. The transaction, announced on December 3, unlocks $4.1 billion in value and frees up regulatory capital for Allianz. Click HERE to read the full story via INN. The post Allianz Completes Reinsurance Deal For $35B FIA Portfolio appeared first on Wink.

Investors Heritage Brings FIA With ESG Index To California, Delaware

Wink Intel

January 4, 2022, Frankfort, Kentucky – Investors Heritage Life Insurance Company (“Investors Heritage”) announced today that it would now be offering its first fixed indexed annuity in California and Delaware. Investors Heritage launched the Heritage Income Advantage (“HIA”) in April 2021 to help policyholders protect assets from market downturns, grow retirement savings, and secure a lifetime income stream. “We

AQUARIAN CLOSES ACQUISITION OF PAVONIA LIFE INSURANCE COMPANY OF NEW YORK

Wink Intel

January 4, 2021, New York – Aquarian Holdings (“Aquarian”) today announced that it has closed its acquisition of Pavonia Life Insurance Company of New York (“Pavonia”). Aquarian announced earlier this year that it had signed a definitive agreement to acquire Pavonia from a wholly owned U.S. subsidiary of Enstar Group Limited. “We We are excited to close our acquisition of Pavonia to continue the growth of our insurance holdings,” said Rudy Sahay, Founder and Managing Partner at Aquarian.

Monument Re Completes Acquisition of Variable Annuity Portfolio From Athora Ireland plc

Wink Intel

HAMILTON, Bermuda–( BUSINESS WIRE )–Monument Re announced today that its Irish subsidiary Monument Life Insurance DAC has completed the acquisition of a closed-block portfolio of variable annuities from Athora Ireland plc, a wholly-owned subsidiary of Athora Holding Ltd. The portfolio has been in run-off since 2017. Financial terms of the transaction were not disclosed.

Primerica Marks $900B Of Term Life In Force At End Of 2021

Wink Intel

Duluth, GA, Jan. 4, 2022 – Primerica, a leading provider of financial services to families throughout the United States and Canada, will announce projected year-end production results at its annual gathering of senior sales force leaders. The meeting serves as a kickoff to the year to discuss opportunities ahead and celebrate achievements.

Loss 40

Ohio National introduces new whole life insurance series offering maximum death benefit for the money

Wink Intel

Newly launched whole life insurance portfolio is designed to provide individuals and businesses the protection they need at a price they can afford. Products reflect Ohio National’s 113-year legacy of offering quality, cost-effective coverage that lasts a lifetime. CINCINNATI, Jan. 04, 2022 (GLOBE NEWSWIRE) — Ohio National is pleased to introduce its latest line of whole life insurance products.

Milliman survey reveals 28 out of 34 companies use or plan to use accelerated underwriting in term life insurance

Wink Intel

SEATTLE , Jan. 4, 2022 /PRNewswire/ — Milliman, Inc., a premier global consulting and actuarial firm, just released the results of its biennial broad-based survey on term life insurance. The study surveys 34 term life insurance companies and focuses on current topics relevant to a range of these products.

Highland Capital Brokerage Acquires Hallett Financial Group And Quotacy

Wink Intel

BIRMINGHAM, Ala. , Jan. 10, 2022 /PRNewswire/ — Highland Capital Brokerage, a national life insurance and annuity distribution company and subsidiary of Advisor Group, today announced the acquisitions of Hallett Financial Group, an independent insurance brokerage agency based in Minneapolis , as well as Hallett Financial’s sister company, Quotacy, an insuretech firm.

Midwest Holding Announces Strategic Asset Management Initiative with ORIX Corporation USA

Wink Intel

LINCOLN, Neb. , 10, 2022 /PRNewswire/ — Midwest Holding Inc. Midwest,NASDAQ: MDWT ), a technology-driven life and annuity platform, announced the closing of a majority ownership sale of a consolidated reinsurance facility to a subsidiary of ORIX Corporation USA (ORIX USA ). Under the terms of the agreement, a subsidiary of ORIX USA purchased approximately 70% of Seneca Incorporated Cell, LLC 2020-01 (SRC1), a Midwest consolidated reinsurance cell.

USAA Life Insurance Company Expands Availability of New Digital Life Insurance Product

Wink Intel

SAN ANTONIO , Jan. 10, 2022 /PRNewswire/ — In response to increasing interest in a simplified application process and lower prices, USAA Life Insurance Company (USAA Life) today announced its new digital life insurance product that requires no medical exam is now available in 47 states. According to USAA’s “Life Can’t Wait” survey , monthly cost and no medical exam requirement are important factors when deciding on a life insurance company.

Fidelity National Financial Announces Executive Management Transition

Wink Intel

JACKSONVILLE, Fla. , Jan. 5, 2022 /PRNewswire/ — Fidelity National Financial, Inc.®

Leading BGA in the Life and Annuity Market (PRNewsfoto/Specialty Program Group)

Wink Intel

SUMMIT, N.J. , Jan. 5, 2022 /PRNewswire/ — Specialty Program Group, LLC (SPG) , a leading operator of specialty insurance brokerage firms and underwriting facilities, announced today the acquisition of the assets of Brokers’ Service Marketing Group II, LLC (BSMG) as of December 15, 2021. BSMG is a leading life and annuity brokerage general agency (BGA) serving advisors and financial institutions.

New Year, Same Volatility: Most Americans Expect a Recession in the Near Future

Wink Intel

MINNEAPOLIS–( BUSINESS WIRE )–Despite the start of a new year, a majority of Americans remain worried about market volatility, with over three-quarters saying they expect the market to be very volatile in 2022. These findings from the 2021 Q4 Quarterly Market Perceptions Study from Allianz Life Insurance Company of North America ( Allianz Life ), underscore the lingering worries around a number of health and economic risks that Americans are facing every day.

Loss 40

New “2022 Wealth & Wellness Index” Shows Many Americans Less Confident in Their Finances and the Economy Entering Third Year of the Pandemic

Wink Intel

REDWOOD SHORES, Calif.–( –( BUSINESS WIRE )–As we embark on the third year of the COVID-19 pandemic, the U.S. economy is making a remarkable comeback after enduring a tumultuous two years. Roughly 80% of the jobs lost to the pandemic have been regained , unemployment rates have normalized and today’s jobseekers have the upper hand.

Jackson to Report Fourth Quarter and Full-Year 2021 Financial Results

Wink Intel

LANSING, Mich.–( –( BUSINESS WIRE )– Jackson Financial Inc. 1 (NYSE: JXN) will announce financial results for the fourth quarter and full year ended December 31, 2021 after market close Wednesday, March 2, 2022. Jackson’s press release and supplemental financial materials will be available at investors.jackson.com. Jackson will host a conference call and webcast Thursday, March 3, 2022 at 10 a.m. ET to review the results.

Fortitude Re Enhances Reinsurance Capabilities

Wink Intel

Fortitude Re Enhances Reinsurance Capabilities. Forms new Bermuda multi-line reinsurer. Acquires U.S. life insurer. Obtains Reciprocal Jurisdiction Reinsurer status. January 06, 2022 09:30 AM Eastern Standard Time. HAMILTON, Bermuda & JERSEY CITY, N.J.–( –( BUSINESS WIRE )–Fortitude Re announced today the formation of a Bermuda multi-line reinsurer and the acquisition of a U.S. life insurer. In addition, Fortitude Re’s subsidiary, Fortitude Reinsurance Company Ltd. (“FRL”),

Fortitude Re Completes Acquisition of Third Party Administrators from AIG

Wink Intel

JERSEY CITY, N.J.–( –( BUSINESS WIRE )–Fortitude Group Holdings, LLC, the parent company of Bermuda’s largest multi-line reinsurer (“Fortitude Re”), announced today the acquisition of Fortitude Life & Annuity Solutions, Inc. FLAS”), a licensed life and annuity TPA, and Fortitude P&C Solutions, Inc. FPCS”), a licensed Property and Casualty TPA, from AIG. These transactions are the final step in Fortitude Re’s acquisition of AIG’s legacy insurance operations.

Where in the world is our Chief Storyteller?

Wink Intel

Sheryl Moore, our Chief Storyteller stopped by to see friends at Insurance Agency Marketing Services, Inc. and SILAC Insurance Company last week. . They are hosting a virtual meeting, Ascend, where she will be presenting along with industry experts like Robert Shiller, Jonathan Golub from Credit Suisse , and Linas Sudzius from Advanced Underwriting Consultants. Register here. . The post Where in the world is our Chief Storyteller? appeared first on Wink.

This is NOT how indexed annuities should be positioned, folks.

Wink Intel

“Unnamed software” was showing an indexed annuity offering historical returns that average 12.89%. . There have been some FMOs blasting emails out and touting those returns for recruiting purposes! . This is NOT how indexed annuities should be positioned, folks. If you rely on this information for marketing indexed annuities, you are being disingenuous. Click HERE to jump into the conversation over on LinkedIn! The post This is NOT how indexed annuities should be positioned, folks.

Get direct access to Wink’s data

Wink Intel

While we continually enhance our site to meet all of your data needs, we understand that any kind of change can cause alarm for some. We now have data feeds and APIs to give your programs direct access to our data without the user interface changes that we make from time to time. . Please inquire for additional information on the development and subscription fee. We reserve this service for subscribers at this time.