Annuity News

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

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…

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…

MetLife, Inc. today announced that its board of directors has declared a third quarter 2025 common stock dividend of $0.5675 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 has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aaa” of New York Life Insurance Company, New York Life Insurance and Annuity Corporation, Life Insurance Company of North America, New York Life Group Insurance Company of NY and NYLIFE Insurance Company of Arizona. All companies are referred to as New York Life and…

MetLife, Inc., General Atlantic, and Chariot Reinsurance, Ltd., an independent Bermuda- based Class E life and annuity reinsurance company, today announced the completion of Chariot Re’ s initial reinsurance transaction with a subsidiary of MetLife. MetLife Investment Management and General Atlantic serve as Chariot Re’ s exclusive external asset managers,…