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AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the key life/health insurance and annuity operating subsidiaries of Wilton Re Ltd., collectively referred to as Wilton Re. The rating affirmations reflect a continuation of Wilton Re’ s very strong level of risk-adjusted capitalization on a consolidated…

TruStage launched the latest solution in their suite of registered index-linked annuities, the TruStage ZoneChoice Income Annuity underwritten by MEMBERS Life Insurance Company.

Brighthouse Financial, Inc. (NASDAQ: BHF) is one of today’s top gainers. The company’s shares have moved 24.39% on the day to $56.84. Brighthouse Financial, Inc. provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment offers variable, fixed, index-linked, and income annuities for […]

2025 OCT 28– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ EMPOWER FINANCIAL SERVICES” by ADAM S WEISS POLSINELLI PC, representing Great-West Life& Annuity Insurance Company. This application was made available to the…

Agatha Global Tech today launched GrantAI™ on its flagship platform, Annuities Genius ®, re-imagining the annuities experience for advisors, distributors and financial institutions. This press release features multimedia. “With GrantAI, we’ re changing how annuities are explained, compared, and delivered,” said David Novak, Founder and CEO of Agatha Global…

2025 OCT 27– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ EMPOWER INNOVATION” by Rachel A. Rice, representing Empower Annuity Insurance Company of America. This application was made available to the public on October…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Commonwealth Annuity and Life Insurance Company, First Allmerica Financial Life Insurance Company, Forethought Life Insurance Company, Accordia Life and Annuity Company, and its affiliates, Global Atlantic Re Limited and Global Atlantic Assurance…

2025 OCT 21– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ EMPOWER READY SELECT” by Rachel A. Rice, representing Empower Annuity Insurance Company of America. This application was made available to the public on October…
Incorporating artificial intelligence into your annuity practice has many benefits for you and your clients. (AI-generated image)

Opportunities to leverage artificial intelligence across the insurance industry are growing at an unprecedented pace.

A new study by Prudential Financial shows that mass affluent people around the world are confident about their retirement preparedness, but there is work to be done to help them protect their nest eggs and secure dependable income that lasts a lifetime.
Image shows the Milliman logo with the words, "Surrenders UP"
Milliman recently released the results of its two ongoing Variable Annuity Industry Experience Studies, which analyze policyholder behavior across 23 companies spanning 17 years. (AI-generated image)

Updated research from Milliman finds that surrender rates on variable annuities with guaranteed living withdrawal benefits more than doubled from 2022 to the end of 2024.
Illustration showing 401(k)s in lifetime income space.

Interest in lifetime income products within retirement plans is growing, and a new tool helps plan sponsors and advisors to match the right annuity product into the 401(k) plans for their employer clients.