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Best’s Special Report: Variable Annuities Reforms Leading to Mixed Results for Life/Annuity Insurers

Wink Intel

In its Best’s Market Segment Report , “Variable Annuities Reforms Leading to Mixed Results for Life/Annuities Insurers,” AM Best notes that a primary change with the new rules is the elimination of a Standard Scenario Amount (SSA). life insurance and annuity writers. The VA reforms were in effect as of Jan.

Loss 40
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Corebridge Financial Announces Fourth Quarter and Full Year 2023 Results

Wink Intel

billion, a 20% increase over the prior year quarter Base spread income 2 of $987 million, a 21% increase over the prior year quarter Base yield 2 rose 45 basis points over the prior year quarter Net loss of $1.3 Fourth Quarter Premiums and deposits 1 of $10.5 billion, or $2.07 per share Returned $1.1 billion, or $1.71 APTOI was $3.2

Loss 40
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Best’s Special Report: U.S. Insurers Increased Holdings in Private Equity by 15% in 2020

Wink Intel

Venture capital funds, which make up slightly over 25% of the industry’s exposure, increased in all three market segments, with mezzanine financing making up the remainder. Although the private equity market performed favorably in 2020, it was not spared the challenges the year brought due to the pandemic.

Capital 40
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Ameriprise Financial Reports Second Quarter 2021 Results

Wink Intel

The acquisition expands key capabilities in attractive and growing market segments where BMO EMEA Asset Management has leading positions. . . (1) As indicated, the severe market dislocation and steep interest rate reduction in the first quarter of 2020 related to COVID-19 distorted the company’s prior year GAAP and operating results.

Loss 40
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Ameriprise Financial Reports First Quarter 2021 Results

Wink Intel

The prior year period included a tax benefit from a projected net operating loss (NOL) of $1.12 And, as economies reopen globally and activity increases, there’s a large and growing opportunity to help more consumers and institutions achieve their goals. . Ameriprise increased its quarterly dividend 9 percent to $1.13

Loss 40
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Ameriprise Financial Reports First Quarter 2021 Results

Wink Intel

The prior year period included a tax benefit from a projected net operating loss (NOL) of $1.12 And, as economies reopen globally and activity increases, there’s a large and growing opportunity to help more consumers and institutions achieve their goals. . Ameriprise increased its quarterly dividend 9 percent to $1.13

Loss 40