Aspida Financial Services, a life insurance and annuity group, will begin a phased expansion of their global headquarters, adding 1,000 new jobs in Durham County over the next several years. "Aspida's decision to scale its headquarters in Durham reflects the strength of our state's talent pipeline and the collaborative spirit of our economic development…
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A growing Durham financial services company has committed to create 1,000 jobs in the Triangle by next decade. Through a new state job development investment grant, the life insurance and annuities provider Aspida committed to hire these workers in Durham between 2028 and 2032, the N.C. The company has around 200 local employees at its main office in south…
A growing Durham financial services company has committed to create 1,000 jobs in the Triangle by next decade. Through a new state job development investment grant, the life insurance and annuities provider Aspida committed to hire these workers in Durham between 2028 and 2032, the N.C. The company has around 200 local employees at its main office in south…
A growing Durham financial services company has committed to create 1,000 jobs in the Triangle by next decade. Through a new state job development investment grant, the life insurance and annuities provider Aspida committed to hire these workers in Durham between 2028 and 2032, the N.C. The company has around 200 local employees at its main office in south…
How AI is lowering the barrier for annuities sales
Annuities, at times, has had a reputation as a complex, difficult product for advisors to sell. Can AI break that barrier down?
Annuity regulations and products will evolve in 2026
As complexity rises, some financial professionals may scale back, leaving households without the support they depend on.
SPRINGFIELD, Mass.& CHARLOTTE, N.C.—- MassMutual and its global asset management subsidiary Barings announced today that MassMutual has entered into an agreement in which MS&AD Insurance Group Holdings, Inc. will acquire an 18% equity stake in Barings through its subsidiary Mitsui Sumitomo Insurance Co., Ltd., a leading Japanese insurance company.
Annuity Trends to Watch For in 2026: Products, tech, and market shifts
Record-breaking annuity sales over the past several years reflect a growing demand for safety and guaranteed income in 2026.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the key life/health insurance and annuity operating subsidiaries of Wilton Re Ltd., collectively referred to as Wilton Re. The rating affirmations reflect a continuation of Wilton Re’ s very strong level of risk-adjusted capitalization on a consolidated…
Annuities: Strengthening the three-legged retirement stool
The three-legged stool of retirement planning has grown a bit wobbly over the years as fewer workers can rely on a pension during their post-employment years.
Brighthouse Financial accepts $4.1B takeover offer from Aquarian
Brighthouse Financial confirmed this morning that Aquarian Capital will acquire it in a $4.1 billion deal.
TruStage launched the latest solution in their suite of registered index-linked annuities, the TruStage ZoneChoice Income Annuity underwritten by MEMBERS Life Insurance Company.
The right moment for a charitable gift annuity
We’re in a moment when more Americans are thinking about security, legacy and simplicity at the same time.
Brighthouse Financial, Inc. (NASDAQ: BHF) is one of today’s top gainers. The company’s shares have moved 24.39% on the day to $56.84. Brighthouse Financial, Inc. provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment offers variable, fixed, index-linked, and income annuities for […]
Axonic Insurance, a global annuity and insurance platform, today announced a $210 million preferred equity investment led by LuminArx Capital Management, a global capital solutions provider, with participation from Deutsche Bank. Axonic Insurance is an innovative insurance platform that designs, distributes, issues, and manages annuity and related…
Ho hum, Q3 annuity sales set yet another record at $119B, LIMRA reports
Total annuity sales increased 4% to $119.3 billion in the third quarter of 2025, setting yet another quarterly sales record, LIMRA reported.
Annuities: The key to unlocking financial security in retirement
Annuities provide guaranteed payments regardless of market conditions.
2025 OCT 28– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ EMPOWER FINANCIAL SERVICES” by ADAM S WEISS POLSINELLI PC, representing Great-West Life& Annuity Insurance Company. This application was made available to the…
Agatha Global Tech today launched GrantAI™ on its flagship platform, Annuities Genius ®, re-imagining the annuities experience for advisors, distributors and financial institutions. This press release features multimedia. “With GrantAI, we’ re changing how annuities are explained, compared, and delivered,” said David Novak, Founder and CEO of Agatha Global…
2025 OCT 27– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ EMPOWER INNOVATION” by Rachel A. Rice, representing Empower Annuity Insurance Company of America. This application was made available to the public on October…
