Standard Life profit up, eyes regulatory uplift
LONDON (Reuters) – Insurer Standard Life Plc reported a 7 percent increase in 2010 core profit, helped by rising customer numbers and reduced staff pension costs, and said it was set to benefit from regulatory …
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Principal Financial Jumps After Insurer’s Forecast That Profit May Advance
Principal Financial Group Inc. , the seller of life insurance and retirement products, advanced in New York trading after saying profit may rise next year.
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Sun Life easily exceeds analysts expectations on profit; credits equity markets
TORONTO – Sun Life Financial Inc. (TSX:SLF) rebounded to a big profit in the third-quarter, easily surpassing the earnings expectations of analysts thanks largely to an improvement in stock markets.
Read more on The Canadian Press via Yahoo! Canada News
China Life first-half profit up 7.4 percent
China Life Insurance Co., the country’s biggest life insurer, said Thursday its first-half profit rose 7.4 percent as premium growth offset weak stock market returns.
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China Life’s First-Half Profit Rises 7.4%
China Life first-half profit up 7.4 percent
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China’s Ping An Insurance net profit surges 27.9% in first half
Ping An Insurance, China’s second largest insurer listed in Hong Kong and Shanghai stock exchanges, said Tuesday that its net profit rose 27.9 percent year on year in the first half of 2010.
Read more on People’s Daily
S. Korea’s newly-listed Samsung Life to see $830 bln profit this year
South Korea’s Samsung Life Insurance that went public in mid-May is expected to post a net profit of more than 1 trillion won (832.3 billion U.S. dollars) this year, local media reported Friday. Logging a net profit of 906.1 billion won (755 million U.S. [...]
I have a few questions here and thanks in advance.
Can anyone please explain how do life insurance agencies (or financial advisory agencies) make their profit?
Is that true that the life insurance companies are paying around 100% of total first year premium to the agents? How do the agencies split that with the agents?
I would [...]
Agents are always extremely keen about selling my family whole life insurance instead of term. According to the agents, whole life is preferable to term since it does not expire and as a result the beneficiary is guaranteed some payment upon the death of the insured. However, why would the insurance company profit from such [...]
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