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Annuity News

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

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August 4, 2025
Image shows money and the SEC logo
The SEC wants a heavy penalty for advisor Jeffrey Cutter.

SEC to court: Fine Jeffrey Cutter up to $700K, force disclosure of verdict

The Securities and Exchange Commission is recommending a fine of $300,000 to $700,000 for advisor-agent Jeffrey Cutter and Cutter Financial Group.

Guaranty Income Life Named to Ward’s 50 Top-Performing Insurance Companies

July 30, 2025

Guaranty Income Life Insurance Company, a leading fixed and indexed annuity carrier, has been named to the prestigious Ward’ s 50 list of top-performing life and health insurance companies for 2025. Ward benchmarks the financial performance of nearly 700 life and health insurers across the country, selecting the top 50 based on outstanding results in safety,…

July 30, 2025

Annuitization or income riders? Help clients make the right decision

Steady, predictable income is often what drives financial decision making for some retirees – but not all.

July 29, 2025
Images says, "Q2 record breaking annuity sales."
Annuity sales shot back up during the second quarter.

Annuity sales flip back to record-breaking mode in the second quarter

After taking a quarter to regroup, annuity sales soared to a new quarterly record during Q2, LIMRA reported.

July 25, 2025

Why volatility control makes sense in FIAs

Many FIAs today include volatility-controlled indexes, a feature that has drawn interest but also criticism.

AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of Ozark National Life Insurance Company

July 24, 2025

On May 30, 2025, Ozark became a wholly owned subsidiary of Americo Financial Life and Annuity Insurance Company, which in turn, is wholly owned by Americo Life, Inc.. AFL acquired Ozark to continue its strategic growth objectives in the U.S. life insurance market, where it has focused traditionally on closing mortality protection gaps through…

AM Best Affirms Credit Ratings of Teachers Insurance and Annuity Association of America and Its Subsidiary

July 23, 2025

AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aaa” of Teachers Insurance and Annuity Association of America and its wholly owned insurance subsidiary, TIAA-CREF Life Insurance Company. TIAA and TIAA-CREF Life collectively are referred to as the TIAA Group. TIAA, together with its companion organization,…

Nationwide and Midland National partner to distribute commission-free indexed annuity

July 23, 2025

Nationwide will begin selling Midland National Capital Income, a fixed indexed annuity for fee-only advisors

July 23, 2025

Private assets, alternatives gain ground in the L/A sector

Life and annuity insurers continue to pursue an expanded universe of investment options to generate additional portfolio income.

July 23, 2025
Image shows a couple looking at a paper with the words, "Partial Benefits" above
Not all PHL Variable policyholders will receive full benefits, regulators say.

PHL rehabilitator: some policyholders ‘unlikely’ to ever get full benefits

Some PHL Variable policyholders are “unlikely” to ever receive their full benefits, Connecticut Insurance Commissioner Andrew Mais said.

Aspida Re Expands Global Footprint with Strategic Reinsurance Transaction in Japan

July 22, 2025

CARIBPR WIRE, DURHAM, N.C., July 22, 2025: Aspida Life Re Ltd, a Bermuda- based life and annuity reinsurance company, announced the execution of its second reinsurance transaction in Japan, effective June 1, 2025. “This transaction is highly strategic for Aspida Re,” said David Florian, CEO of Aspida Re.“ It reflects our deep commitment to the Japanese market and our…

Peak 65 consumers hit the pause button on retirement

July 16, 2025

Financial market volatility, persistent inflation and increased concerns about Social Security’s viability are leading consumers in their early 60s to consider hitting the pause button on retirement.

The Standard and Legacy Marketing Group Unveil EclipseMark FIA

July 15, 2025

Standard Insurance Company and Legacy Marketing Group ® today announced a strategic alliance and new joint venture with the debut of EclipseMark SM Single Premium Deferred Index Annuities, a simple way for clients to grow and protect their retirement assets. “We are pleased for the opportunity to work with The Standard, one of the most highly respected…

July 15, 2025

Finding the ideal customer for fixed and indexed annuities

There’s a lot of noise out there about annuities, and the issues making the most noise revolve around market uncertainty and an evolving interest rate environment.

Integrity hires Said Taiym from Lockton as company’s first COO

July 9, 2025

Integrity, a leading distributor of life and health insurance and provider of wealth management and retirement planning solutions, today announced…

Nassau Financial Group Launches Innovative, Growth-Focused FIA: Nassau Athos Annuity

July 9, 2025

Nassau Financial Group today introduced Nassau Athos Annuity SM, an innovative fixed indexed annuity. Issued by Nassau Life and Annuity Company, Nassau Athos Annuity pairs extendable indexed crediting strategies with performance tied to market indices administered by S&P Dow Jones Indices and Nasdaq ®. Nassau partnered with Genesis Development Group…

July 9, 2025

Demand for annuities: What’s driving it and what’s next

Annuities are seeing record demand, and not just from the usual suspects. It’s a reflection of investors’ evolving priorities.

MetLife Declares Third Quarter 2025 Common Stock Dividend

July 8, 2025

MetLife, Inc. today announced that its board of directors has declared a third quarter 2025 common stock dividend of $0.5675 per share. About MetLife MetLife, Inc., through its subsidiaries and affiliates, is one of the world’ s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and…

July 8, 2025
Image shows the Connecticut flag and insurance department letterhead.
PHL Variable policyholders will soon gain more access to their policies.

CT insurance commissioner to court: loosen moratorium on PHL Variable

Connecticut Insurance Commissioner Andrew Mais is asking a judge to loosen the moratorium on PHL Variable policies.

AM Best Affirms Credit Ratings of New York Life Insurance Company and Its Subsidiaries

July 2, 2025

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…

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