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The latest annuity market trends, sales data, and product news.

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Image shows the Corebridge logo
Corebridge Financial and Equitable Holdings shareholders successfully approved the merger on July 30. (AI-generated image)

Corebridge Financial saw lower annuity sales in the second quarter, but remains focused on its coming merger with Equitable Holdings.

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A former insurance producer from Missouri has agreed to a license revocation and is barred from working in the Iowa securities industry after what state officials described as preying on retired postal workers. She cannot conduct business in Iowa after an investigation "revealed a pattern of predatory financial practices targeting retired federal…
Image shows the Corebridge logo
Corebridge Financial and Equitable Holdings shareholders successfully approved the merger on July 30. (AI-generated image)

Corebridge Financial saw lower annuity sales in the second quarter, but remains focused on its coming merger with Equitable Holdings.

AM Best has revised the outlooks to negative from positive and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of the following subsidiaries of Group 1001 Insurance Holdings, LLC: Delaware Life Insurance Company and Clear Spring Life and Annuity Company. These companies are referred to as the Group 1001 Life& Annuity…
What is private equity's next play in the insurance world? (AI-generated image)

How will PE firms originate and manage the next generation of long-duration assets?
Image shows the words "Immediate Care Plan."
The Immediate Care Plan was created by Lumos Insurance, and is built on the chassis of a single-premium immediate annuity. (This image was created with AI)

The plan is designed to fill the gap between what a care recipient needs to spend monthly on care and the amount of monthly income they have from sources such as Social Security, a pension or interest on investments.

Corebridge Financial announced the addition of Protected Growth Benefit and preset allocation options to select versions of The Power Series of Index Annuities, enhancing the accumulation and diversification capabilities of the company’s index annuity lineup.
What will 2026 bring to life insurance and annuity sales? (AI-generated image)

Life insurance and annuity sales hit records in 2025 and there’s every indication that those products will continue to see strong growth through the end of this year.

Jackson Financial Inc. 1 today announced Laura Prieskorn, President and Chief Executive Officer, has shared her plans to retire at the end of 2026. Don Cummings, Executive Vice President and Chief Financial Officer, will succeed Prieskorn as President and CEO and as a member of the JFI Board of Directors, effective October 1, 2026. Brian Walta will succeed…

AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aaa” of New York Life Insurance Company, New York Life Insurance and Annuity Corporation, Life Insurance Company of North America, New York Life Group Insurance Company of NY and NYLIFE Insurance Company of Arizona. All companies are referred to as New York Life and…