Filed Under:Annuities, Fixed Indexed

Forethought named to Ward's Top 50

ALSO: Industry news from Novarica and Lincoln

Forethought Life Insurance Company has been named to Ward’s 2013 list of 50 top performing life and health insurers for the fourth year in a row.

Ward Group, a Aon Hewitt company, provides information on benchmarking and best practices for insurers.

Forethought Life Insurance Company, a subsidiary of Forethought Group, Inc., sells annuity and life insurance products that are tailored to the needs of seniors. The products are designed to allow them to overcome financial challenges in old age.

Forethought received this year’s designation while implementing their growth strategy in the annuity marketplace.

Ward bases its designations on financial performance. After analyzing 800 companies, the 50 that were chosen met their criteria regarding thresholds of assets and return levels as well as safety and consistency tests.

A recent report by industry information provider Novarica, found that annuity carriers, already struggling in an unpredictable equity market, are pouring their resources into technology investments in order to get ahead of their competitors.

The report, “Business and Technology Trends: Individual Annuity,” found more than 35 examples of annuity carriers investing in technology in order to innovate products, reduce operational costs, improve risk management, and improve business intelligence.


In product news

Lincoln Financial Group has launched its Next Generation Survivorship Variable Universal Life Solution (SVUL). As a variable universal life insurance product, the SVUL contains both a guaranteed lifetime death benefit and market-driven growth potential that can help meet liquidity needs.

The product, which insures two individuals to one policy, provides an income tax-free death benefit that is immune to market conditions, as well as investment options selected upon the death of the second individual.

SVUL also contains an Estate Protection Rider and a pricing structure that allows for various premium payment scenarios. 

Featured Video

Most Recent Videos

Behind the scenes with Vicki Gunvalson [VIDEO]


In this exclusive interview, Vicki Gunvalson shares how she built a $15 million a year annuity business by planning for...

Regulator: Market may need to reinvent LTCI


Cioppa says Maine's governor wants to spur the creation of better products.

Dementia: It's more than Alzheimer's


An association calls for policymakers to remember lesser-known neurodegenerative conditions.

Protesters Disrupt WellPoint Annual Meeting


Hecklers call for more disclosures of information about political contributions.

Related resources

More Resources


Power your business with up-to-the-minute insurance news, analysis, and best practices from LifeHealthPro Daily eNewsletter – FREE.

Power your business with LifeHealthPro Daily eNewsletter – FREE.

Enter a valid email address.
Nichole Morford

Nichole Morford
Managing Editor

Thank you for subscribing to LifeHealthPro Daily!

Check Out More eNewsletters Now! Close

Advertisement. Closing in 15 seconds.