ALEXANDRIA, Va.--(BUSINESS WIRE)--Jun 12, 2025--
5Star Life Insurance Company (5Star Life) has achieved a significant milestone for the third year in a row by securing a prominent position on Forbes’ list of the World’s Best Insurance Companies 2025. This recognition is presented by Forbes and Statista Inc., an industry ranking provider and a leading statistics portal. The complete list is available on the Forbes website.
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“It’s a testament to the trust we’ve built in the marketplace and the success of our vision to deliver consistent growth and outstanding customer experiences,” said General Larry O. Spencer, USAF (Ret.), President of 5Star Life.
“We owe this recognition to the incredible efforts of our team. Their daily commitment to delivering exceptional service is what makes 5Star Life a trusted partner to so many,” said Mike Moser, Chief Distribution and Legal Officer.
The Forbes’ 2025 ranking of the World’s Best Insurance Companies stems from a comprehensive, independent survey conducted with Statista, a leading market research firm. This far-reaching survey gathered feedback from over 45,000 consumers across 15 countries about their satisfaction levels with various life insurance companies. Participants who had held a life insurance policy in the last three years shared insights on their satisfaction and willingness to recommend their insurer. They also rated insurers on criteria such as the quality of employee advice, customer service, and transparency. After analyzing the survey data, the top 145 insurance companies with the highest scores made it to the final list.
“Being recognized for the third consecutive year reinforces the strength of our enduring commitment to our partners and our relentless focus on service excellence,” stated Sal Campanile, Vice President, Worksite Sales for 5Star Life. “It energizes our drive to keep innovating and enhancing the service experiences that matter most as we continue this journey together.”
About 5Star Life
5Star Life Insurance Company is the life insurance underwriter for the Armed Forces Benefit Association (AFBA) member benefits and a growing provider of group and worksite voluntary insurance products. Its business model enables 5Star Life to serve the needs of a diverse clientele as an insurance provider to individuals and organizations and as a trusted partner to brokers. Headquartered in Alexandria, VA, 5Star Life is currently licensed in 49 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, and Guam. 5Star Life was awarded on the Forbes World’s Best Insurance Companies 2023, 2024, and 2025 list.
5Star Life has once again been named one of the World’s Best Insurance Companies by Forbes.
MALE, Maldives (AP) — Finnish divers on Tuesday recovered the bodies of two of the four remaining Italians who died deep inside an underwater cave in an atoll in the Maldives, an official said.
The bodies were located on Monday, when searches resumed after being suspended following the death of a local military diver during a perilous mission to try to reach them.
Five Italian divers went missing on Thursday, with one of the bodies recovered earlier. The plan is to recover the remaining two bodies on Wednesday.
The announcement that two bodies were recovered on Tuesday was made by presidential spokesperson Mohamed Hussain Shareef.
Maldives government spokesman Ahmed Shaam had earlier said that the three Finnish divers would retrieve the bodies, which were lying at a depth of around 60 meters (200 feet). The legal depth for recreational diving in the Maldives is 30 meters (nearly 100 feet).
The government of the Indian Ocean island nation on Monday said that the bodies were spotted in the innermost part of the cave by the three Finnish diving experts, supported by the Maldives police and the military.
“As was previously thought, the four bodies were found inside the cave, not only inside the cave, but well inside the cave into the third segment of the cave, which is the largest part,” Shaam said.
He said that the four bodies were found “pretty much together."
The Divers’ Alert Network Europe, which deployed the three Finnish divers, said on its website that they are technical and cave divers with international experience in search and recovery missions, including operations in “deep overhead environments, confined spaces and high-risk scenarios.”
The team used advanced technical systems, including closed-circuit rebreathers, a system that recycles exhaled breathing gas and removes carbon dioxide through a chemical scrubber, allowing for “significantly longer dives,” the organization said.
The body of a fifth Italian — a diving instructor — was found earlier outside the cave on the day they were reported missing. The five were exploring a cave at a depth of about 50 meters (160 feet) in Vaavu Atoll on Thursday, according to Italy’s Foreign Ministry.
Initial teams had already dived to identify and mark the entrance to the cave system where the Italians disappeared.
In this handout photo release by Maldives President Media Division, a Finnish diver gets ready to attempt to recover the bodies of two of the four Italians who died deep inside an underwater cave in an atoll earlier this month, at Alimathaa Island, in Vaavu Atoll, Maldives, Tuesday, May 19, 2026. (Maldives President Media Division via AP)
In this handout photo release by Maldives President Media Division, a Finnish diver, left, gets ready to attempt to recover the bodies of two of the four Italians who died deep inside an underwater cave in an atoll earlier this month, at Alimathaa Island, in Vaavu Atoll, Maldives, Tuesday, May 19, 2026. (Maldives President Media Division via AP)
This image released by the Maldives President's Media Division, shows divers preparing to search for the four missing Italian divers near Alimathaa Island, Vaavu Atoll, Maldives, Saturday, May 15, 2026. (Maldives President's Media Division via AP)
