Total U.S. annuity sales increased 8% year over year to a record high $119.5 billion in the second quarter, according to LIMRA’s U.S. Individual Annuity Sales Survey, which represents 92% of the total U.S. annuity market. This tops the record set in the first half of 2024.
2025 SEP 01– 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 BENEFITS DESIGN SCORE” by Rachel A Rice, representing Empower Annuity Insurance Company of America. This application was made available to the public on…
Annuity professionals are navigating one of the most opportunity-rich, yet misunderstood, moments in our industry’s history.
The Best’ s Market Segment Report,“ Global Life/Annuity Reinsurers’ Capital Management Strategies Evolve to Achieve Target Returns and Meet the Needs of Cedents,” is part of AM Best’ s look at the global reinsurance industry ahead of the Rendez-Vous de Septembre in Monte Carlo. According to this report, AM Best continues to observe an increase in reinsurance…
Transamerica announced that Jason Frain has joined the company as head of retirement solutions, effective immediately. In this role, Frain…
Monday became a new product release day as three prominent life insurance companies unveiled their new offerings.
The research also found that those with smaller nest eggs benefit from annuitizing more of their income.
The August issue of Best’ s Review includes the following exclusive rankings:. Largest Latin America Insurers US Pet Insurance Plans US Property/Casualty US Total Auto US Commercial Multiperil US Homeowners Multiperil US Medical Professional Liability: Total Claims-Made Occurrence US Workers’ Compensation US Life/Health: 2024 Group Annuities Premiums…
Wink’s Sales & Market Report revealed a record-setting second quarter, and a shakeup at the top.
Securian Financial has entered the individual annuity market’ s fastest-growing segment with the launch of AccumuLink™ Advance, a registered index-linked annuity. “We are excited to enter the RILA market with a product we’ re proud of and believe will be appealing to financial professionals and consumers alike,” said Andrea Piepho, Securian Financial second…
Last week, during the National Association of Insurance Commissioners' Summer National Meeting in Minneapolis, Minn., NAIC members voted to adopt three proposals that will further protect consumers by helping guarantee insurers have the resources to pay policyholders' claims. This action comes after the NAIC Life Insurance and Annuities Committee passed…
Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. 2, today launched Jackson Income Assurance℠ and Jackson Income Assurance℠ Advisory, fixed index annuities with an embedded guaranteed minimum withdrawal benefit 3. The new products provide protected lifetime income 4 with additional opportunities for…
During the episode, Hopper, associate director, Industry Research and Analytics, talks about emerging product trends, the growing role of private equity and asset managers, shifts in asset portfolio strategies and how credit risk evaluation is adapting to changing market conditions. “That Annuity Show” is hosted by Paul Tyler, head of enterprise marketing,…
Triple Edge Advantage, now available with the Transamerica Structured Index Advantage Annuity and the Transamerica Structured Index Advantage New York, offers a disciplined approach to navigating unpredictable markets.
Lincoln Financial announced the latest enhancements to its fixed indexed annuities to help meet investor needs for more upside growth opportunity and diversification.
Delaware Life Insurance Company, a Group 1001 company, announces Barron’ s has included the Accelerator Prime ® Variable Annuity in their“ 100 Best Annuities” annual list, marking APVA’ s sixth consecutive appearance in the list. This achievement underscores the strength of our company and our commitment to providing innovative products that help secure the…
Charisma might get someone through a first meeting, but it won’t carry a career.
The life insurance and annuity industry has been in a race to catch up with other industries in the adoption and use of digital tools and artificial intelligence.
2025 AUG 14– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– Ty J. Young Wealth Management, a leading wealth management firm, announced the release of its new ebook,“ The Official Guide to Selling Your Annuity Business” This comprehensive guide is designed to provide financial advisory firms with essential insights for successfully…
Athene retooled its annuity sales strategy during a second quarter that saw several changes in the company, including its leadership structure.
