Perfect storm: Insurers battle deluge of 500,000 catastrophic claims – Analysis – Insurance News

A series of hurdles have constrained insurers as they battle half a million claims from a series of some of the worst catastrophes ever experienced in Australia. Insurance Council of Australia (ICA) tells insuranceNEWS.com.au, the industry has been hit by 379,368 claims resulting in losses of $5.84 billion from the combined total of three declared … Read more

Symetra Introduces Accumulator Ascent IUL | News

BELLEVUE, Wash.–(BUSINESS WIRE)–April 12, 2022– Symetra today announced the introduction of a new version of its Accumulator indexed universal life (IUL) product: Symetra Ascent IUL accumulator. The Flexible Premium Adjustable Life Insurance Policy with Indexed Interest Options provides death benefit protection plus policy cash value growth potential that can help with future income needs. This … Read more

‘We’re not sure how ready we are for retirement’: We’re 60 and 61, and we don’t know how much longer we can work, have $360,000 in retirement savings and a pension

I am a 61 year old teacher in Missouri who plans to work 3-4 more years before retirement. Depending on which option my husband and I choose from the Public Schools Retirement System, we should be receiving between $5,200 and $6,000 per month for the rest of our lives. My husband is 60 and has … Read more