Annuity News

Kentucky teachers' retirement investments posted double-digit gains for the recently concluded fiscal year, 12.27 percent for the Retirement Annuity Trust and 12.73 percent for the Health Insurance Trust. TRS staff presented the pension system's investment results for the year ended June 30 to the Investment Committee at its Aug. 22 meeting.

The Best’ s Market Segment Report,“ Life/Annuity Reinsurers Face Growing Competition as Conditions Improve,” is part of AM Best’ s look at the global reinsurance industry ahead of the Rendez-Vous de Septembre in Monte Carlo. “How newer entrants will alter their strategies over the long term depending on macroeconomic trends, availability of deals and regulatory…

The Federal Home Loan Bank of Pittsburgh today announced the election of Thomas A. Hendry, Senior Vice President and Treasurer of New York Life Insurance and Annuity Corporation. and Nathaniel S. Bonnell, Chairman, President and CEO of Citizens Bank of West Virginia to the FHLBank Board of Directors. Mr. Hendry serves as Senior Vice President and Treasurer in the…

Delaware Life Insurance Company, a Group 1001 company, announces its inclusion in the annual Barron’ s list of“ Top 100 Best Annuities.” This is the fifth consecutive year that Barron’s has ranked Delaware Life Insurance Company annuities in the top 100.. Delaware Life Accelerator Prime ® Variable Annuity was recognized as a top 100 annuity in the categories of…

Athene Annuity and Life Company. STATEMENT AS OF JUNE 30, 2024 OF THE Athene Annuity and Life Company. STATEMENT AS OF JUNE 30, 2024 OF THE Athene Annuity and Life Company.

AmeriLife Group, LLC, a national leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions, announced today that it has partnered with USA Financial, a national wealth management firm with three registered investment advisers, a registered broker-dealer, and a national field marketing…

STATEMENT AS OF JUNE 30, 2024 OF THE FIDELITY& GUARANTY LIFE INSURANCE COMPANY. Furniture and equipment, including health care delivery assets. STATEMENT AS OF JUNE 30, 2024 OF THE FIDELITY& GUARANTY LIFE INSURANCE COMPANY.

Global Atlantic Financial Group, a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, announced its inclusion in Barron’ s annual guide to the 100 Best Annuities, marking the firm’ s third consecutive appearance on this list. Annuities issued by Global Atlantic subsidiary Forethought Life Insurance…

Axcelus Financial, a leading provider of private placement life insurance and annuities, announces the appointments of Michael Fanning, the CEO of Advisor360°, and Nicholas Kabcenell, the Co-Founder of Structured Capital Partners, to its U.S. Board of Directors. Michael Fanning has over three decades of experience shaping strategy, driving digital…

STATEMENT AS OF JUNE 30, 2024 OF THE VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY. STATEMENT AS OF JUNE 30, 2024 OF THE VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY. STATEMENT AS OF JUNE 30, 2024 OF THE VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY.

Nassau Financial Group today introduced Nassau Bonus Annuity Plus SM, a bonus fixed indexed annuity designed to give people confidence that they can reach their retirement goals. “The launch of Nassau Bonus Annuity Plus further expands our fixed annuities product suite, as we look to provide new and innovative fixed annuity products to the underserved…

Rochelle Park, NJ, August 7, 2024- Sapiens International Corporation,, a leading global provider of software solutions for the insurance industry, today announced that Continental General Insurance Company, a life, accident, and health insurance company, has selected Sapiens as a technology partner to help accelerate operations, modernize its platform for…

Generally Accepted Accounting Principles is the term used to refer to the standard framework of guidelines for financial accounting. GAAP includes the standards, conventions, and rules accountants follow in recording and summarizing transactions and in the preparation of financial statements. In addition to reporting financial results in accordance…

SBLI announces its launch of Market Crest™, a Multi-Year Guarantee Indexed Annuity. “Our Market Crest Annuity from SBLI is ideal for those planning for their retirement or seeking a safe and secure home for their investment,” said Jim Morgan, president and chief executive officer of SBLI.“ It is straightforward to own, protecting clients’ hard-earned money with a…