Brighthouse continues to broaden distribution and grow life insurance sales, CEO Eric Steigerwalt said on a conference call with analysts this morning.

In the first quarter 2021, total annuity sales were $60.9 billion, a 9% increase from first quarter 2020, according to preliminary results from the Secure Retirement Institute.

Speaking during a quarterly earnings call, American Equity CEO Anant Bhalla pledges a strong push for fixed index annuities for the rest of 2021.

The U.S. economy is on the brink of a dramatic year of growth as the COVID-19 pandemic fades into the background. But some sectors of the economy are doing better than others, according to Sara Eisen, co-host of CNBC’s “Closing Bell.”

Strong sales of its buffered annuity, FlexGuard, helped Prudential continue its first-quarter shift away from interest rate-sensitive products and underpinned its strong financial showing.

American Financial is trying to figure out what to do with the billions it will have in excess cash after the sale of the Great American Life Insurance Co. in the second quarter.

The House Ways and Means Committee unanimously passed a bill today that would make changes to how U.S. workers save for retirement, making it easier for annuities to find their way into plans.

Total fourth quarter sales for all deferred annuities were $56.3 billion, an increase of nearly 4% when compared to the previous quarter and an increase of nearly 6% when compared to the same period last year.

Washington’s insurance commissioner calls on all states to ban credit scores, while industry groups say the ban will punish rather than help consumers.

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