Annuity News

FGH Parent, L.P.,, a leading global reinsurance company, today announced that Fortitude Life Insurance& Annuity Company has entered the market for funding agreement backed notes, with its inaugural offering to institutional investors scheduled to settle Oct. 6, 2025. The Issuer has priced a private offering of $500 million aggregate principal amount of 4.625%…

The following information was released by the office of the Governor of Hawaii:. HONOLULU In honor of Life Insurance Awareness Month, the Department of Commerce and Consumer Affairs Insurance Division highlights a free service that helps consumers find their deceased loved one's life insurance policies and annuity contracts online.

2025 SEP 29– 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 RETIREMENT” by Rachel A. Rice, representing Great-West Life& Annuity Insurance Company. This application was made available to the public on September…

Net income for the U.S. life/annuity insurance industry increased by 39% in the first half of 2025 over the same prior-year period to $19.7 billion, according to a new AM Best report. In addition, other income nearly doubled to nearly $50 billion, though this was largely due to $19.7 billion of reserve adjustments on reinsurance ceded at American United Life…

Equitable  announced the launch of Structured Capital Strategies Premier, a new solution within its portfolio of registered index-linked annuities.

Empire Asset Finance, LLC, a new subsidiary of Arena Investors, LP, a $4.6 billion global multi-strategy investment firm, announced its official launch, introducing a financing model built on the principle that lending is not a zero-sum game, and we win when everyone wins. Empire is led by Chief Executive Officer Rick Rockhold and Chief Operating Officer/Chief…

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of C++ and the Long-Term Issuer Credit Ratings of“ b+” of Genworth Life Insurance Company and Genworth Life Insurance Company of New York. These companies are referred to as Genworth Financial Group. Concurrently, AM Best has affirmed the Long-Term ICRs of bb-” of…

Winged Keel Group is pleased to announce that Carolyn Rogers has joined the firm as a Client Relationship Manager. Residing in Maryland, Carolyn will focus on the Washington D.C. area, where her extensive network and expertise in the design, implementation, and ongoing administration of Traditional and Private Placement Life Insurance and Annuity…

Legacy Marketing Group today announced the launch of OptiMark, a new accumulation-focused fixed indexed annuity issued by Americo Financial Life and Annuity Insurance Company. “OptiMark raises the bar for accumulation,” said Preston Pitts, President of Legacy Marketing Group.“ With its diverse index options and strong built-in premium bonus, this is a…

Prosperity Life Group ®, an insurance, reinsurance, and asset management organization, today announced the launch of Prosperity PathPro SM Series Fixed Indexed Annuities, issued by S.USA Life Insurance Company, Inc., a Prosperity Company. “Prosperity PathPro Series has a unique story offering stability via guaranteed Par and Cap Rates, customized growth…

2025 SEP 01– 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 BENEFITS DESIGN SCORE” by Rachel A Rice, representing Empower Annuity Insurance Company of America. This application was made available to the public on…

The Best’ s Market Segment Report,“ Global Life/Annuity Reinsurers’ Capital Management Strategies Evolve to Achieve Target Returns and Meet the Needs of Cedents,” is part of AM Best’ s look at the global reinsurance industry ahead of the Rendez-Vous de Septembre in Monte Carlo. According to this report, AM Best continues to observe an increase in reinsurance…

Transamerica announced that Jason Frain has joined the company as head of retirement solutions, effective immediately. In this role, Frain…