The latest news about leading insurance carriers, brokerages, investment firms and asset management companies. You can find out more about individual companies in our Company Directory page.
Corebridge Financial continues to streamline, separate from American International Group and shed businesses that do not involve the record-setting annuity market.
American International Group continues a slow offload of its life and retirement unit, a business that delivered crucial second-quarter premiums and deposits exceeding $10 billion.
Lincoln Financial is asking a Texas judge to dismiss a lawsuit filed by nine plaintiffs who claim they were sold a fixed indexed annuity with illustrated promises of unrealistic gains. One of its former agents is the lead plaintiff.
Lincoln Financial Group completed another difficult quarter financially, but executives touted last week’s $28 billion reinsurance deal as a crucial rebound move for the insurer.