Lincoln and Guardian Get Closer to Asset Managers
April 16, 2025 by Allison Bell
Lincoln Financial and Guardian Life Insurance Co. of America want to get closer to their assets.
The life and annuity issuers have both agreed to form major relationships with fixed income portfolio managers.
Lincoln is selling a stake to Bain Capital, and Guardian is connecting with Janus Henderson.
Wink’s Moore on the Market: This article makes me wonder…
Are Lincoln Financial and Guardian Life entering the Bermuda Triangle (credit to Kerry Pechter for the moniker)?
If we see any announcements about reinsurance relationships with these two, we may be on to something…
The Bermuda Triangle occurs when an insurance company partners with an asset management firm (check!) and a reinsurer (typically offshore). Let’s call it the “Annuity Triumvirate.”
Thanks for the conversation fodder, Allison Bell at ThinkAdvisor. -sjm
