MetLife, Inc. today announced that John McCallion, executive vice president and chief financial officer, and head of MetLife Investment Management, has provided a second quarter 2025 financial update video. MetLife, Inc., through its subsidiaries and affiliates, is one of the world’ s leading financial services companies, providing insurance, annuities,…
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Zinnia, a leading life and annuity insurance technology company, today announced a significant technology milestone: the migration of Zinnia’ s core order entry solution, AnnuityNet, to Amazon Web Services. Zinnia processes over 55% of annuities submitted by the bank and broker-dealer community in the U.S., now running on AWS infrastructure.
The number of insurers outsourcing investments to asset managers continues to grow, particularly in the U.S. life/annuity industry, according to a new AM Best report. The newly issued Best’ s Special Report, titled“ Growing Number of Insurers Outsourcing Their Investment Management Needs,” also notes that more private equity/asset manager companies have been…
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 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,…
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.
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.
Why volatility control makes sense in FIAs
Many FIAs today include volatility-controlled indexes, a feature that has drawn interest but also criticism.
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 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 will begin selling Midland National Capital Income, a fixed indexed annuity for fee-only advisors
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.
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.
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…
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.
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…
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, a leading distributor of life and health insurance and provider of wealth management and retirement planning solutions, today announced…
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…
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.
