Athene Annuity and Life Company. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE Athene Annuity and Life Company. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE Athene Annuity and Life Company.
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Calif. insurance dept. slammed on alleged failure to provide annuity sales complaint data
A consumer group has taken issue with the California Department of Insurance’s refusal to provide annuity sales complaint data.
Springfield, MO November 15, 2024—- Neil Bruce Porter Receives Highest Honorary Award from American Equity, a Top Fixed Index Annuity Provider American Equity Investment Life Insurance Company ®, a leading issuer of fixed index and fixed rate annuities, announces Neil Bruce Porter, President, Advisor, and Founder of The Resource Center Inc., in Springfield, Mo.,…
Election creates an opportunity for advisor/client dialogue
The post-election period provides advisors to engage in a discussion with their clients on financial issues that are impacted by the election and issues that are not.
With more than half of U.S. adults holding life insurance, Luma’ s platform empowers advisors to keep their clients’ financial goals aligned throughout the entire investment lifecycle. “We are excited to extend our proven technology to the life insurance market, providing financial professionals with the first truly comprehensive solution in the industry,”…
STATEMENT AS OF SEPTEMBER 30, 2024 OF THE VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY.
PEMBROKE, Bermuda—- Somerset Reinsurance Ltd., a leading provider of reinsurance solutions to the life insurance and annuity market, is delighted to announce the appointment of Riley LaTour as Chief Risk Officer with immediate effect. He majored in Actuarial Science at the University of Wisconsin– Eau Claire, graduating with a Bachelor of Science with Honors.
NAFA, the National Association for Fixed Annuities, presented revered distribution leader Rod Mims with the 2024 Bo Johnson Spirit Award for Lifetime Achievement for his unwavering commitment to the financial services industry.
AmeriLife Group, LLC, a national leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions, announced today that longtime insurance industry veteran Steve Patton has been named Senior Vice President of Simplified Issue Solutions for AmeriLife’ s Health Distribution organization.
Brighthouse Financial, Inc. announced today that it has completed a reinsurance transaction with a third party to reinsure a legacy block of the company’ s fixed and payout annuities. “This transaction reflects our ongoing progress against several strategic initiatives designed to improve capital efficiency, unlock capital and return to our target…
Corebridge Financial tallies strong annuity, life sales numbers in Q3
Executives touted Corebridge Financial’s recent launch of its MarketLock RILA during a third-quarter call Tuesday with Wall Street analysts.
Equitable hones in on annuity delivery across channels after strong Q3
Credited with introducing the first registered indexed-lined annuity in 2010, Equitable is far and away the market leader for the now-trendy RILA products.
Maintaining annuity sales momentum with Gen X
The next wave of retirees is fast approaching, and they’re digital natives who likely won’t settle for their parents’ paper-based processes.
In a newly released Best’ s Special Report, AM Best notes that while the Federal Reserve reduced interest rates by half a point in September 2024, they remain nearly twice the level of five years earlier. Surrender benefits topped $100 billion for the fifth straight quarter and sixth in the last seven quarters, compared with an average of $86 billion prior to that…
Jackson National Life Insurance Company, the main operating subsidiary of Jackson Financial Inc. 2, today announced it is partnering with JPMorganChase to offer its registered index-linked annuity, Jackson Market Link Pro II ®, to the approximately 5,000 financial professionals at J.P. “We are proud to expand our partnership with JPMorganChase, a premier…
Survey finds some support for DOL fiduciary rule
A new survey of financial professionals shows surprising and almost uniform support for the Department of Labor’s Retirement Security Rule
Athene Holding today announced that Martin Klein, executive vice president and chief financial officer, has informed the company of his…
Corebridge Financial and Miami-Dade County Public Schools are commemorating one of the earliest implementations of a 403 retirement plan in a public school, dating back to 1964. The Variable Annuity Life Insurance Company, a Corebridge Financial company, issued a 403 plan sixty years ago this month to a teacher at Coral Gables Elementary who enrolled at $25…
North American Company for Life and Health Insurance ®, an A+ rated carrier 3 and member company of Sammons ® Financial Group and one of the largest issuers of fixed index annuities in the U.S. 1, is partnering with AMS Financial Services Group, a long serving financial solutions provider. “AMS Financial Solutions Group is thrilled to have collaborated with…
Economic conditions, income needs drive big annuity sales, LIMRA says
Strong economic conditions and a growing awareness of the power of guaranteed income continued to drive record-setting annuity sales through the third quarter, LIMRA reported.
