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Annuity News

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The latest annuity market trends, sales data, and product news.

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October 22, 2024
Image shows the NAIC logo and the year "2025"
The Life Actuarial Task Force will have a full plate in 2025.

Regulators tweak 2025 life and annuity priorities to reflect new challenges

State insurance regulators advanced 2025 life insurance and annuity priorities Monday with additions to reflect new efforts in reinsurance and annuity illustrations.

Jackson Adds Guaranteed Minimum Accumulation Benefit to Elite Access® Variable Annuity Suite

October 21, 2024

Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. 1, today launched Principal Guard, an add-on guaranteed minimum accumulation benefit available for an extra charge in the Elite Access ® Suite of variable annuities. The new GMAB offers clients the ability to invest their money with no downside risk through…

October 21, 2024
Image shows several data reporting components.
Regulators do not rigidly track receivership details.

Insurance regulators urged to get serious with receivership database

The Global Receivership Information Database (GRID) system is how regulators track insurers put into receivership.

October 18, 2024
Photo illustration of a mountaineer at the summit with a flag that reads "Peak 65". Peak-65-underscores-the-need-for-protected-income.

Peak 65 underscores the need for protected income

The U.S. population reaches Peak 65 this year, meaning that more than 30 million Americans will reach age 65 between now and 2030. The majority of this age group will have no protected income in retirement.

October 16, 2024
Photo illustration of the Securities and Exchange Commission building with an overlay that reads: "RILA Registration System."
Securities and Exchange Commission building .

Bill to kill SEC’s RILA registration system puzzles many, faces little hope of passage

Bill to kill the SEC’s new registration system for index-linked annuities perplexed industry groups and consumer advocates.

October 15, 2024
Image shows the Corebridge Financial logo
Corebridge Financial is out with a new registered indexed-linked annuity.

New RILA makes Corebridge the biggest company with full annuity suite

Corebridge Financial has launched its anticipated registered indexed-linked annuity, through subsidiary American General Life Insurance Co.

Protective Makes Enhancements to Its Protective® Aspirations Variable Annuity

October 15, 2024

Protective Life Corporation, a subsidiary of Dai-ichi Life Holdings, Inc. today announced enhancements to its flagship variable annuity product, Protective Aspirations variable annuity, which is issued by its principal subsidiary Protective Life Insurance Company and debuted in 2022. Protective Aspirations variable annuity is issued by Protective…

October 11, 2024
Illustration showing an older couple standing on a giant book opened to a new chapter, with a beautiful landscape in the distance. Retirement---A-new-chapter-in-life.

Longer lifespans mean redefining retirement

People are living longer and that means the traditional view of retirement must change.

Republic Financial Adds SLP Financial, Enhancing Product Offerings and Adding Mortgage Protection Services

October 9, 2024

Republic Financial, a Morris Industries company, is excited to announce it has added SLP Financial, a growing provider of insurance solutions with a focus on final expense, mortgage protection, Medicare health solutions, and annuities, among other offerings, to its portfolio. SLP Financial, led by Matt Garvey and Ian Martin, brings nearly a decade of experience in…

October 9, 2024
Illustration of the letters "FIAS" surrounded by delicious looking chocolate candies. FIAs-in-a-sweet-spot-right-now-Security-Benefit-exec-says.

FIAs ‘at a sweet spot right now,’ Security Benefit exec says

The Federal Reserve made headlines in September by slashing its benchmark interest rate by a half-point. That direction of lowering interest rates makes it a good time to for clients to lock in rates on investments such as fixed annuities before rates go down even further.

MetLife Inc. (NYSE: MET) Climbs to New 52-Week High

October 9, 2024

Shares of MetLife, Inc. (NYSE: MET) traded at a new 52-week high today and are currently trading at $84.69. So far today, approximately 739.72k shares have been exchanged, as compared to an average 30-day volume of 3.02M shares. MetLife, Inc., a financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide. It […]

CC Capital and Westaim to Create Integrated Insurance and Asset Management Platform

October 9, 2024

CC Capital to Invest USD $250 Million in Westaim at CAD $4.75 Per Share Bringing Total Investable Capital Base to Approximately USD $700 Million. Westaim to Invest in Cloud-Native, Highly Scalable Annuities Provider Ceres Life Insurance Company, and Remaining Interests in Arena Investors. NEW YORK& TORONTO—- CC Capital, a private investment firm focused on…

MetLife Declares Fourth Quarter 2024 Common Stock Dividend

October 8, 2024

MetLife, Inc. today announced that its board of directors has declared a fourth quarter 2024 common stock dividend of $0.545 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…

AM Best to Discuss Canada Insurance Market Analysis, the Impact of Climate Risk and IFRS 17 Accounting Updates at Toronto Briefing

October 7, 2024

To register for AM Best’ s Canada Insurance Market Briefing- Toronto, please go to AM Best’ s Canada Insurance Market Briefing- Toronto. AM Best analysts will provide an economic overview, as well as analysis of the performance of Canada’ s property/casualty and life/annuity lines of business with outlooks for the coming year. Climate Trends and Risk Mitigation:…

Corebridge Financial Launches Registered Index-Linked Annuity (RILA), Becoming the Only Top 3 Annuity Provider with Products in Every Major Category

October 7, 2024

Corebridge Financial today announced the launch of Corebridge MarketLock ® Annuity, a registered index-linked annuity issued by its subsidiary American General Life Insurance Company. With MarketLock, Corebridge is expanding on what is already one of the broadest and most comprehensive annuity platforms in the industry,” said Bryan Pinsky, President of…

MetLife Inc. (NYSE: MET) Climbs to New 52-Week High

October 4, 2024

Shares of MetLife, Inc. (NYSE: MET) traded at a new 52-week high today and are currently trading at $83.55. So far today, approximately 872.85k shares have been exchanged, as compared to an average 30-day volume of 3.04M shares. MetLife, Inc., a financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide. It […]

Supplemental Prospectus – Form 424B5

October 2, 2024

Document $500,000,000 F&G Annuities& Life, Inc. 6.250% Senior Notes due 2034 We are offering $500,000,000 aggregate principal amount of our 6.250% senior notes due 2034. "If we experience a Change of Control and a Below Investment Grade Rating Event, as described under" Description of the Notes-Repurchase upon Change of Control Triggering Event, "we will be…

NAIC Life Insurance Tool Helps Connect Consumers With More Than $10 Billion in Unclaimed Benefits

October 1, 2024

—The National Association of Insurance Commissioners proudly announces that its Life Insurance Policy Locator has connected consumers with more than $10 billion in unclaimed benefits from annuities and life insurance policies since the tool’s launch in November 2016. The level of interest has led to 460,952 matches of life insurance policies or…

New Rule in Louisiana Strengthens Protections for Annuity Consumers

October 1, 2024

WASHINGTON, Sept. 20– The American Council of Life Insurers issued the following joint statement:. American Council of Life Insurers President and CEO Susan Neely and National Association of Insurance and Financial Advisors– Louisiana Chapter President Blake Gillies issued the following joint statement on the best interest annuity rule adopted by the…

Supplemental Prospectus – Form 424B5

October 1, 2024

This preliminary prospectus supplement and the accompanying prospectus are not an offer to sell these securities and they are not soliciting an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. Subject to completion, dated October 1, 2024$ F&G Annuities& Life, Inc.% Senior Notes due 20 We are offering$ aggregate…

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