preneed
Assurant Preneed, a component of Assurant, posted higher revenue and higher profits in their 3Q 2018 results that were made public after the market on Tuesday. You can read the company’s press release on its earnings report here. Assurant, a member of the Death Care Index (DCI), operates a world-wide conglomerate composed of three segments…
Read MoreLast week we examined the 3rd quarter financial results for Service Corporation International. When we did that we noticed, and told our readers, about the success that their preneed funeral services seemed to be having. We actually told readers to compare what they are doing in their own businesses to SCI to make sure that…
Read MoreIn two different articles that you can find here and here, the Life Insurance Council (LIC) reported on the results of their study of 2017 Preneed activity. The study found mixed results in that annual premiums for preneed life insurance was $1.3 billion – down 3% from 2016. The study also found that multi-pay policies…
Read MoreAssurant reported their 2nd Quarter results last week. You can read their report here. The worldwide conglomerate operating in the insurance and warranty business has one of its three business segments that operates in what they call “Global Preneed”. That is the part of the company that we at Funeral Director Daily like to review.…
Read MoreIn a release from A.M. Best that you can read here the company has affirmed the Financial Strength Rating (FSR) and the Long-Term Credit Ratings (ICR) of the life and health subsidiaries of Assurant, Inc. The FSR rating was affirmed at A- (Excellent) and the ICR rating was a-. The company’s outlook was listed as…
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