Editors' picks for the week include a story on Progressive's continued strong growth in the private auto space and the impact of Japan Post taking an equity stake in Aflac.
More potential upside to US life industry's rising mortgage loan concentration
After the U.S. life insurance industry's relative portfolio allocation to mortgage loans hit a new high for a seventh consecutive quarter, several signs point to continued incremental growth.
Japan Post-Aflac deal would shore up sales relationship, open path for growth
An investment deal in which Japan's postal service and insurance conglomerate will buy a minority stake in Aflac Inc. is a symbolic gesture pointing toward a more stable partnership with growth potential for both sides.
New drama for ACA, health insurers after federal judge rules against reform law
It is business as usual for insurers offering plans on Affordable Care Act exchanges right now, but the market could be flung into chaos if high courts agree with a recent decision ruling the entire health reform law unconstitutional.
Group life weakness drags total life premiums down YOY through Q3
A more than 6% decline in group life premiums has pushed total life insurance premiums in the U.S. lower year over year in the first three quarters of 2018.
Progressive's private auto business keeps throttle open in Q3
Of the top 20 U.S. private auto insurance underwriters, 17 saw their direct incurred loss ratios fall in the third quarter compared to the prior-year period, according to an S&P Global Market Intelligence analysis. However, Progressive Corp.'s rapid growth in the private auto insurance space continued in the third quarter.