American workers are concerned about retiring in a market downturn and losing a significant portion of their life savings when they need it the most, a new survey finds.

Sales of fixed and variable annuities were $60 billion in the second quarter of 2021, up 6% from first quarter 2021 sales of $56.7 billion, according to the Insured Retirement Institute.

American International Group expects to sell its Life & Retirement business during the first quarter of 2022, CEO Peter Zaffino said.

Annuities reported income from operations of $338 million, up 72% compared to the prior-year quarter, and total deposits hit $2.7 billion.

Prudential executives said individual life sales continued to be strong with higher variable life sales compared to the year-ago quarter, offset by lower sales of other policies.

According to the American Association for Long-Term Care Insurance (AALTCI), the number of individuals who purchased traditional LTCI products declined last year.

American International Group sold a 9.9% equity stake in AIG’s Life & Retirement business to Blackstone for $2.2 billion in an all-cash transaction.

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Rebecca Korn describes how you can crush your 2021 and have a magical 2022 — An interview with Paul Feldman, publisher.

How an independent marketing organization filed for bankruptcy over the sales of hundreds of indexed universal life policies.

Barjes Angulo started out as a bank teller in New York City and worked his way to a Midtown advisory with his name on the door.

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COVID-19 led employers and their workers to have new priorities in their workplace benefits packages.