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…
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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, 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…
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 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…
MetLife, Inc., General Atlantic, and Chariot Reinsurance, Ltd., an independent Bermuda- based Class E life and annuity reinsurance company, today announced the completion of Chariot Re’ s initial reinsurance transaction with a subsidiary of MetLife. MetLife Investment Management and General Atlantic serve as Chariot Re’ s exclusive external asset managers,…
The retirement shuffle: How the industry can adapt
Market volatility, recession fears, tariff uncertainties and other macroeconomic factors are driving many investors to rethink their long-term retirement and financial plans.
Corebridge inks $2.8B variable annuity transaction with Venerable
Corebridge Financial has a deal with CS Life Re, a subsidiary of Venerable Holdings, to reinsure all the variable annuities of its Individual Retirement business, with account value totaling $51 billion.
On June 26, 2025, Venerable Holdings, Inc. announced a transaction with Corebridge Financial, Inc. pursuant to which it will reinsure approximately $51 billion of variable annuity business from American General Life Insurance Company and The US Life Insurance Company in the City of New York. Additionally, Venerable will acquire Corebridge’ s investment…
Venerable Holdings, Inc., the leader in providing innovative risk transfer solutions to variable annuity issuers, today announced a landmark transaction with Corebridge Financial, Inc. that will increase Venerable’ s total assets under risk management, on a pro forma basis as of March 31, 2025, by approximately 77% from $67 billion to $118 billion.
Corebridge Financial, Inc. today announced that it has entered into an agreement with CS Life Re, a subsidiary of Venerable Holdings, Inc. to reinsure all the variable annuities of its Individual Retirement business, with account value totaling $51 billion as of March 31, 2025. The transaction is valued at $2.8 billion, consisting of both ceding commission and…
The panel session is scheduled for Wednesday, Aug. 20, at 10:45am CDT. Kohlberg has been with AM Best since 2010, and as a team leader, maintains a diverse portfolio of life and annuity insurers located in the United States, Canada and Caribbean and regularly presents at the AM Best Review Preview conference as well as being involved in other AM Best industry…
TruStage announced the launch of a new retirement solution, the TruStage ZoneChoice Advantage Annuity, underwritten by MEMBERS Life Insurance Company, a registered index-linked annuity with new crediting strategies for end-investors.
Could a bitcoin-based indexed annuity be in the future?
An insurtech holding company is seeking a fronting carrier and regulatory approval for a bitcoin-based indexed annuity.
Annuities ‘can add a little juice to the retirement portfolio’
Retirement is not a one-time event; it is a dynamic phase of life that requires a vision of what the post-employment years will look like for each individual and how that vision will be funded.
Annuity sales top $100B for the 6th straight quarter, LIMRA reports
U.S. annuity sales exceeded $106 billion in the first quarter, with more than half of the top 20 carriers reporting sales growth, LIMRA reported.
Athene, subsidiary of Apollo Global Management, announced today that its board of directors has appointed Grant Kvalheim as chief executive officer, effective July 1.
‘Annuity King’ gets trial date for lawsuit against feds, Florida regulators
Phillip Roy Wasserman is expected to get another day in court to make his case that state and federal agents broke the law during investigations that led to his fraud conviction.
–American National Insurance Company announces the launch of its innovative Smart Start Accumulator Series, a series of single premium fixed indexed annuities designed to provide clients with the opportunity for significant growth by maximizing accumulation potential from day one. The series, which includes Smart Start Accumulator and Smart Start…
Security Benefit today announced the addition of index accounts based on three new indices to its fixed index annuity, Foundations Annuity.
