- Seven Trends For A Human-Centered Return To Normalcy
Informing the C-Suite as to what customers are seeking as they rebuild their lives
Customers have made it clear they have high expectations for brands, and amid the current pandemic those expectations are heightened. Both consumers and companies are confronted with a global disruption that touches on every aspect of their day-to-day lives. Companies that are succeeding are typically those acting with transparency and clear intention, rooted in trust…
read more - U.S. Life Insurers See Rising Losses in Investment Portfolios
Which are expected to become more impactful to ratings in 2021
Life insurer investment portfolio losses, which have generally been manageable amid the fallout of the pandemic, are expected to become more impactful to ratings in 2021, Fitch Ratings says. Impairments have ticked upward as the pandemic has caused widespread economic disruption and deterioration across most asset classes. However, Fitch's surveyed universe of life insurer investment…
read more - Vast Majority of Americans Say Protecting Their Loved Ones Financially is Important Right Now
...But still, less than half own life insurance
New research from Global Atlantic Financial Group found that more than eight out of ten Americans (83%) say making sure their loved ones are financially protected is important to them right now, yet two in five (43%) have no life insurance and only one third (33%) believe they have enough life insurance or other assets…
read more - Pandemic Continues Producing Persistent Widespread Financial Anxiety
With no end in sight, global perceptions of health and well-being remain weak
Cigna's (NYSE:CI) International Markets business today published the third edition of its COVID-19 Global Impact Study, which sheds new light on the impact of the virus on global perceptions of health and well-being.
read more - LIBOR Transition Poses Operational and Legal Challenges for Insurers
Change to SOFR will affect both sides of the balance sheet
With less than a year and a half to go before the London Interbank Offered Rate (LIBOR) will no longer be available, several areas of concern remain, according to a new AM Best commentary.
read more - Americans Dig Deep to Stay Strong and Discover Confidence in Unexpected Places
To combat the stress and anxiety brought on by the constant barrage of major life events and obstacles facing the American people during the pandemic
How are Americans feeling six months into the COVID-19 pandemic? According to Fidelity Investments®’ Moving Forward study, anxiety has been on the rise since social distancing first began and the market was sent into a tailspin in March—and that anxiety is expected to continue into the new year.
read more - Businesses Prioritize Employee Well-Being
As they show signs of recovery and begin to grow
Today, Principal Financial Group® announced the findings of its quarterly Principal Financial Well-Being IndexSM (WBI). In its seventh edition, the results showcase how businesses have responded to the disruptive effects of COVID-19 since the last quarterly pulse was released in June.
read more - A Mental Burden
Pandemic-related isolation is leading to mental and physical health declines among seniors
While social distancing has been vital in keeping our seniors safe during the COVID-19 pandemic, those measures have had unintended consequences on the population's mental health. These findings are detailed in the new report, "The Effect of Isolation on Older Americans." GoHealth, Inc. (GoHealth) (NASDAQ: GOCO), today released a report that shows many seniors aren't…
read more - Americans Dig Deep In the Midst Of A Global Pandemic
To stay strong and discover confidence in unexpected places
How are Americans feeling six months into the COVID-19 pandemic? According to Fidelity Investments®’ Moving Forward study, anxiety has been on the rise since social distancing first began and the market was sent into a tailspin in March—and that anxiety is expected to continue into the new year. Looking ahead to 2021, nearly 70% do…
read more - Schwab Completes Acquisition of TD Ameritrade
Enhances company’s position as a leading provider of services and solutions to investors and independent advisors
The Charles Schwab Corporation (“Schwab”) today announced that it has completed its acquisition of TD Ameritrade Holding Corporation (“TD Ameritrade”). The combination will create a company with enhanced scale, an even better portfolio of world-class services and solutions, and a talented team united by an unwavering commitment to clients and a shared heritage of innovation.
read more - Pandemic Leading To Lasting Changes
To remote working, online consumption, reduced international travel and attitudes towards environmental, social and governance
Some coronavirus-driven changes to working life, consumption and business activity will persist after an effective medical solution becomes available, according to a survey of Fitch Ratings analysts. Remote working, online consumption, reduced international travel and attitudes towards Environmental, Social and Governance risks are among the areas where the pandemic will permanently alter individual and corporate…
read more - Women’s Health Care Costs in Retirement Projected to be $200,000 More than Men’s
Small steps can make a big difference in bridging the Women’s Longevity Gap
Health care costs are a major expense during the Women’s Longevity Gap, the period in which a woman will need to cover expenses single-handedly after the death of a male spouse or partner, according to recent data from HealthView Services, the nation’s leading provider of health care cost projection software. The company estimates that in…
read more - Pandemic Has Reduced Global Stress Levels By 7%, But 40% Of The Population Suffer From Mental Distress
Acceptance and understanding is most important, so better coverage and care can be given
ReMark’s 7th annual Global Consumer Study (GCS), the benchmark survey of people’s attitude to life and health insurance has found that 40.4% of respondents reported they have suffered a period of mental distress or anxiety which prevented them from undertaking their usual activity. However, the overall number of people who said they were often or…
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