Oversight of fixed indexed annuities remains just beyond the reach of federal regulators, but analysts are starting to see a coordinated effort to change that.
Brookfield is deploying insurance capital in investing strategies.
The impact of life insurance assets is already having a big impact on the bottom line for Brookfield Corp., as the firm stockpiles cash for future investment.
Eighteen financial services industry and business trade groups sent a letter to the Department of Labor today asking for an extension to the 60-day public comment period for its controversial fiduciary rule package.
Brighthouse reported mixed numbers for annuity sales in Q3.
Brighthouse annuity sales were down during the third quarter, the insurer reported, but segment earnings rose substantially thanks to strong investment gains.