LONDON, February 13, 2013 /PRNewswire/ --
The Life Insurance industry in the U.S. is a rapidly evolving sector that has to cope with various environmental, political, technological, social and economic factors so that it can sustain itself over the coming decade. The future trend will be to move more towards whole life insurance products, especially given the economic slowdown and people's aversion to taking risks. Life insurance should prepare itself to work in a low interest regulatory environment as well as the new accounting measures taken up by the government. Taxation is a major area of focus together with the use of the Internet in making products more accessible to customers. In these regards, ING Groep N.V. (ADR) (NYSE: ING) has been focusing on future developments, and Lincoln National Corp. (NYSE: LNC) has been relatively successful as their latest earnings reports show. StockCall analysts initiated preliminary technical research on ING Groep and Lincoln National. These free reports are accessible by signing today at
ING CEO Suggests Future Developments
ING offers life insurance, retirement and other financial services across the globe. It has considerable presence in European and Asian markets. Recently, the company has been selling off a few of its components in order to increase core efficiency. It sold off its U.S. ING Direct business to Capital One last year, and it also completed the sale of its Malaysia operations to the AIA Group. The free technical analysis on ING Groep N.V. is available by signing up at
In a recent speech to its employees in New York, ING CEO Jan Hommen spelled out the future development needs of ING: "We must continue to align our cost structure to a leaner operating environment." This implies that the company will focus more on its core operations and enhance core values rather than prioritizing diversification.
In other news, ING recently tried to sell-off its Asian components in Korea. However, the move was blocked by the board of KB Financials and did not take off.
The company is set to release its earnings soon (no data as available at the time this article was completed)
Lincoln National Declares Earnings, Upbeat on Future Guidance
LNC declared Q4 earnings per share (EPS) of $1.14, which beat street's estimates by 8 cents. It had total quarterly gross revenue of $2.96 billion, which was a 9% increase year-over-year. This revenue figure beat street's estimates by $90 million. Shares rose 1.3% on the positive news, and are currently trading at $29.53, very near its 52-week high. Its 52 week range is $18.82 - $29.85. Register now to download the free research on Lincoln National Corp. at
Responding to questions about its earnings, the company's CEO Dennis Glass said, "the strength of our 2012 results reflected the benefits of ongoing investments in our businesses, actions to respond to the low interest rate environment and maintaining an active capital management program. we enhanced new business profitability through product design and pricing changes, took additional steps related to expenses and interest margins, and would expect these changes to continue to benefit 2013 results."
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