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Annuity News

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

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AM Best to Speak at Society of Actuaries’ 2025 Valuation Actuary Symposium

June 24, 2025

The panel session is scheduled for Wednesday, Aug. 20, at 10:45am CDT. Kohlberg has been with AM Best since 2010, and as a team leader, maintains a diverse portfolio of life and annuity insurers located in the United States, Canada and Caribbean and regularly presents at the AM Best Review Preview conference as well as being involved in other AM Best industry…

TruStage launches ZoneChoice Advantage annuity

June 24, 2025

TruStage announced the launch of a new retirement solution, the TruStage ZoneChoice Advantage Annuity, underwritten by MEMBERS Life Insurance Company, a registered index-linked annuity with new crediting strategies for end-investors.

June 20, 2025
Illustration showing symbols for wealth and for bitcoin. Could-a-bitcoin-based-indexed-annuity-be-in-the-future

Could a bitcoin-based indexed annuity be in the future?

An insurtech holding company is seeking a fronting carrier and regulatory approval for a bitcoin-based indexed annuity.

June 18, 2025
A glass overflowing with juice with two fruits labeled "annuity" nearby. Annuities 'can add a little juice to the retirement portfolio.

Annuities ‘can add a little juice to the retirement portfolio’

Retirement is not a one-time event; it is a dynamic phase of life that requires a vision of what the post-employment years will look like for each individual and how that vision will be funded.

June 17, 2025

Annuity sales top $100B for the 6th straight quarter, LIMRA reports

U.S. annuity sales exceeded $106 billion in the first quarter, with more than half of the top 20 carriers reporting sales growth, LIMRA reported.

Athene announces key leadership appointments

June 16, 2025

Athene, subsidiary of Apollo Global Management, announced today that its board of directors has appointed Grant Kvalheim as chief executive officer, effective July 1.

June 16, 2025
Image says, "Annuity King Civil Suit"
Phillip Roy Wasserman claims agents had biases when they investigated his annuity business.

‘Annuity King’ gets trial date for lawsuit against feds, Florida regulators

Phillip Roy Wasserman is expected to get another day in court to make his case that state and federal agents broke the law during investigations that led to his fraud conviction.

American National Insurance Company Introduces Smart Start Accumulator Series

June 11, 2025

–American National Insurance Company announces the launch of its innovative Smart Start Accumulator Series, a series of single premium fixed indexed annuities designed to provide clients with the opportunity for significant growth by maximizing accumulation potential from day one. The series, which includes Smart Start Accumulator and Smart Start…

Security Benefit bolsters its Foundations Annuity

June 10, 2025

Security Benefit today announced the addition of index accounts based on three new indices to its fixed index annuity, Foundations Annuity.

June 10, 2025
Image shows the National Life Group logo.
National Life Group saw record-setting sales numbers in 2024.

National Life: Strong 2024 sales led by 20% life growth, 17% annuity rise

National Life Group set a bunch of new sales records in 2024, including $635 million in life insurance policies, $3.4 billion in annuities.

June 9, 2025
Image shows the LIMRA/LOMA and Alliance for Lifetime Income logos. LIMRA/LOMA courts consumers with Alliance for Lifetime Income merger.

LIMRA/LOMA targets consumers with Alliance for Lifetime Income merger

For LIMRA, the decision to venture into the consumer-focused space comes amid soaring annuity sales and the SECURE Act bills boosting the products.

June 3, 2025
Image shows a man at a desk with papers around the background
Legacy systems are one big problem with the insurance industry's desire to go digital.

Legacy systems a big barrier to insurance industry digital marriage

Legacy systems remain a very large hurdle for many old-guard life insurance companies. But things are slowly changing.

June 3, 2025

Annuities: The next step in retirement planning

Annuities offer a blend of security and flexibility that can complement other retirement income sources.

May 30, 2025
Image shows the Wink, Inc. logo
Total first quarter sales for all annuities were $98.2 billion, down 1.9% compared to the previous quarter and down 5.7% compared to the same period last year.

Q1 annuity sales veer off record pace, remain solidly strong, Wink finds

Annuity sales might have peaked, judging by the still-strong first-quarter sales data released Friday by Wink, Inc.

May 28, 2025
Photo illustration of stacks of coins with plants growing out of them and the words "Lifetime Income Benefits" overlapping. When-a-VA-with-lifetime-income-benefits-offers-the-greatest-value.

When a VA with lifetime income benefits offers the greatest value

The number of annuity offerings available in the marketplace continues to expand, but sometimes it’s a good idea to take another look at a product that’s a bit more traditional – a variable annuity with lifetime income benefit riders.

May 27, 2025
Illustration showng the evolution of humans with the legend: "FIA Indices Evolve." FIA-indices-evolve-as-the-interest-rate-environment-changes.

FIA indices evolve as the interest rate environment changes

Insurance companies continue to add newly launched indices to their fixed indexed annuity products, leading to a growing need to educate on the difference between live and back-tested index performance to help properly set policyholder expectations.

May 27, 2025

Annuity laddering strategies that should be in every advisor’s toolkit

Annuity laddering is a simple concept that most agents can understand and share with ease.

May 22, 2025
Image shows advisor Jeffrey Cutter and the SEC logo
Advisor Jeffrey Cutter is appealing a jury verdict in his SEC civil trial.

Jeffrey Cutter files appeal from guilty verdict on Advisors Act disclosures

Advisor Jeffrey Cutter is appealing the lone guilty verdict handed down last month in his trial in a Securities and Exchange Commission civil case.

May 22, 2025
Image shows several arms and the letters, "PHL"
Connecticut regulators are courting a buyer for PHL Variable policies.

Connecticut regulators court potential buyers for PHL Variable blocks

Thirteen companies are studying confidential financial information as Connecticut regulators pursue the sale or reinsurance of PHL, or its blocks of business.

Guardian report finds Americans’ financial health at a 14-year low

May 19, 2025

For the first time, retirement-related challenges topped the list of financial concerns keeping Americans up at night.

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