Annuity News

This collaboration marks an industry first by introducing Luma’ s advanced technology into AIN Essentials in a single sign-on environment, providing all AIN Affiliates with instant access to an unparalleled suite of resources. “By partnering with Luma, we are ensuring that AIN Affiliates have simplified access to the most advanced technology available,”…

AM Best has maintained its market segment outlook for the U.S. life/annuity insurance segment at stable, supported by strong capitalization across the industry, robust top-line growth in core lines of business and consistent profitability trends. In its Best’ s Market Segment Report,“ Market Segment Outlook: US Life/Annuity,” AM Best states that the…

Shares of MetLife, Inc. (NYSE: MET) traded at a new 52-week high today and are currently trading at $87.29. So far today, approximately 337.29k shares have been exchanged, as compared to an average 30-day volume of 3.21M shares. MetLife, Inc., a financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide. It […]

Legal& General has completed $2.2 billion of Pension Risk Transfer business in the US this year, making 2024 its largest year on record in the US market. Legal& General completed its first Canadian PRT transaction in 2019 through its reinsurance entity, Legal& General Reinsurance. This includes Legal& General’ s largest Canadian transaction to date, valued at CAD…

Guaranty Income Life Insurance Company, a Kuvare company, has launched four new crediting options for its WealthChoice Fixed Indexed Annuity, available starting November 18th. “Our goal is to empower IMOs and their financial professionals with innovative solutions that help them serve their clients’ various retirement planning needs,” said Cary Carney, Vice…

United Life Insurance Company, a Kuvare company, has launched three new crediting options for its WealthChoice Fixed Indexed Annuity, available starting November 18th. About United Life Insurance Company. United Life Insurance Company, a Kuvare company, is a leading provider of fixed indexed annuities, specializing in flexible retirement solutions that…

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.

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.,…

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.