TPG and Aquarian Holdings Vie to Acquire Brighthouse
{July 9th, 2025} by Kerry Pechter
Brighthouse is a top-10 annuity issuer, with over $100 billion in assets. But neither Brighthouse (or its predecessor, MetLife) ever sold many of the fixed indexed deferred annuities whose issuers asset managers have been acquiring as sources of capital for their private credit businesses. Read via RIJ Wink’s Moore on the Market: Kerry Pechter […]
Aspida Launches Integration with the Apple Wallet® App for Annuity Clients, Bringing Retirement Solutions Closer to Everyday Financial Tools
{July 9th, 2025} by Aspida Life Insurance Company
Aspida Life Insurance Company (“Aspida Life”), a leading provider of innovative retirement solutions, today announced the launch of an Apple Wallet® app integration for its annuity products, bringing fast, secure, and mobile access to retirement information directly to clients’ fingertips. With this new feature, Aspida clients can now access key contract information as well as […]
Prudential Financial Launches ActiveIncome Insurance Overlay, Delivering a New Category of Lifetime Income to Dimensional Managed Accounts
{July 9th, 2025} by Prudential Financial, Inc.
NEWARK, N.J.–(BUSINESS WIRE)–Prudential Financial, Inc. (NYSE: PRU) today announced the launch of ActiveIncome, a first-of-its-kind insurance overlay option now accessible through Dimensional Fund Advisors’ unified managed accounts (UMA) platform. ActiveIncome expands access to retirement security by pioneering an innovative new category of lifetime income to managed accounts, using a contingent deferred annuity option to address […]
Foresters Financial launches Foresters Live Well Plus: A breakthrough in selling participating whole life insurance
{July 9th, 2025} by The Independent Order of Foresters
TORONTO, July 7, 2025 /PRNewswire/ – Foresters FinancialTM (Foresters) is proud to introduce Foresters Live Well Plus, a new participating whole life insurance product available through a new innovative single-session digital journey. This product simplifies and streamlines the sales experience, empowers producers and enhances client relationships, making it easier and faster for producers and their clients. Collaborating with […]
Senior Market Sales® (SMS) Acquires MIC Insurance Services
{July 9th, 2025} by Senior Market Sales
OMAHA, Neb.–(BUSINESS WIRE)–MIC Insurance Services, a highly successful New Jersey health insurance agency, has entered into a strategic partnership with Senior Market Sales® (SMS), one of the industry’s premier insurance marketing organizations (IMOs). Based in Kinnelon, New Jersey, MIC is a second-generation, family-owned independent insurance agency that since 2012 has relied on SMS’ proprietary technology, industry-leading back-office support, […]
Best’s Special Report: Individual Annuity Surrenders Dent Operating Profitability
{July 9th, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–Increasing surrenders on individual annuities drove a 27% decline in pre-tax net operating profitability despite record sales in recent years, according to a new AM Best report. The Best’s Special Report, “Individual Annuity Surrenders Dent Operating Profitability,” states that surrenders increased by 21% to $280 billion in 2024, up from $232 billion in 2023, as higher […]
Jackson to Report Second Quarter 2025 Financial Results on August 6
{July 9th, 2025} by Jackson National Life Insurance Company
LANSING, Mich.–(BUSINESS WIRE)–Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) today announced that it will release second quarter 2025 financial results, after market close Wednesday, August 6, 2025. Jackson’s press release and supplemental financial materials will be available at investors.jackson.com. Jackson will host a conference call and webcast to discuss results at 9 a.m. ET Thursday, August 7, 2025. […]
AM Best Affirms Credit Ratings of New York Life Insurance Company and Its Subsidiaries
{July 9th, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aaa” (Exceptional) of New York Life Insurance Company, New York Life Insurance and Annuity Corporation (NYLIAC), Life Insurance Company of North America (LINA), New York Life Group Insurance Company of NY (NYLGICNY) and NYLIFE […]
Simplicity Welcomes Three New Partners with the Acquisition of DuVall Financial Group
{July 9th, 2025} by Simplicity Financial Marketing Group Holdings, Inc.
SUMMIT, N.J., July 8, 2025 /PRNewswire/ — Simplicity Group Holdings (“Simplicity”), a leading financial products distribution firm, today announced the acquisition of DuVall Financial Group (“DFG”), a brokerage general agency focused on supporting independent agents and their clients with insurance and marketing solutions. A longtime business partner of Simplicity, DuVall Financial Group will immediately re-brand to “Simplicity DFG” […]
Intentions Rise, Expectations Fall: The Number of Americans Planning to Leave an Inheritance Goes Up as the Number Expecting to Receive One Goes Down Finds Northwestern Mutual’s 2025 Planning & Progress Study
{July 9th, 2025} by Northwestern Mutual
MILWAUKEE, July 8, 2025 /PRNewswire/ – As a $90 trillion Great Wealth Transfer looms, more Americans say they are preparing to leave a financial legacy, yet fewer expect to receive one themselves. The latest findings from Northwestern Mutual’s 2025 Planning & Progress Study finds nearly one-third (31%) of U.S. adults anticipate leaving an inheritance or a financial gift / donation to a […]
Demand for annuities: What’s driving it and what’s nex
{July 9th, 2025} by Jack Elder
Annuities have long had a reputation as niche tools — relegated to a corner of the planning conversation, often misunderstood and occasionally oversold. But that perception has shifted. Annuities are seeing record demand, and not just from the usual suspects. Read via INN
Industry groups praise tax reform provisions in ‘Big Beautiful Bill’
{July 9th, 2025} by Wire Reports
Three industry organizations have praised the signing of H.R. 1 – also known as the Big Beautiful Bill – calling out provisions related to tax reform. “With the signing of H.R. 1—the ‘One Big, Beautiful Bill’—into law, millions of Americans now have a clearer path to financial security,” said Marc Cadin, CEO of Finseca. Read via […]
Reframing life insurance to connect with Gen Z
{July 9th, 2025} by Amanda Cassar
Nearly half of Generation Z is now at a pivotal stage in life: They’re part of the workforce, managing new expenses and balancing the desire to enjoy life with the need to plan for their future. As they begin building a financial foundation, life insurance might feel like a distant or unnecessary priority. Read via […]
SCOTUS ruling on nationwide injunctions could have lasting implications
{July 9th, 2025} by John Hilton
A recent Supreme Court ruling pertaining to birthright citizenship could also shut down a key strategy for financial services to block unwelcome federal rules. The 6-3 ruling in the Trump vs. CASA case saw the SCOTUS side with the Trump administration in a case involving an executive order that seeks to eliminate birthright citizenship. Read via […]
How new AI benchmarking tool helps insurers track ROI
{July 9th, 2025} by Rayne Morgan
Digital customer service platform Glia recently launched an AI benchmarking tool it hopes will help insurers “cut through the fog” in analyzing their artificial intelligence strategy. “There is an enormous fog of war at the moment. We are squarely in the middle of the hype cycle. Read via INN
CT insurance commissioner to court: loosen moratorium on PHL Variable
{July 9th, 2025} by John Hilton
Connecticut Insurance Commissioner Andrew Mais is asking a judge to loosen the moratorium on PHL Variable policies to allow for more flexible distributions for universal life and fixed index annuity owners. Mais, serving as the official rehabilitator for the financially troubled PHL, hinted at the possibility of adjusting the moratorium in a May 20 status report. But […]
Should These Clients Buy an Annuity? Two Case Studies
{July 9th, 2025} by Roger Wohlner
Helping clients plan out their retirement income strategy can be a complicated process. One vehicle that is often part of a planning approach is an annuity. There are valid reasons for clients to buy or not to buy an annuity. And while each client has distinct retirement income planning needs — and counts on an advisor to create an […]
The Rise of Human-AI Teams in Life Insurance
{July 9th, 2025} by Sam Henry
Let’s talk about Reg BI — the SEC’s Regulation Best Interest under the Securities Exchange Act of 1934, which establishes a “best interest” standard of conduct for broker-dealers and investment advisers when they make a recommendation to a customer for an investment strategy involving securities. The name sounds promising, right? Like the financial version of […]
Many Female Entrepreneurs Face a Financial Fitness Gap
{July 9th, 2025} by Harry Monti
As many self-employed women can attest, running their own business can be a balancing act. Between trying to grow the company, managing finances, and even keeping up with family responsibilities, juggling it all can be both difficult and rewarding. Read via Think Advisor
4 Life and Annuity Provisions Missing From the Big Beautiful Bill
{July 9th, 2025} by Allison Bell
For life and annuity professionals, the impact of implementation of the One Big Beautiful Bill Act tax and spending package could be more about what’s missing than what’s in the specific provisions. At press time, members of the House were debating the package, and the ultimate outcome was uncertain. Read via Think Advisor
Reasons to consider annuities
{July 9th, 2025} by Megan Reuther
There’s a lot of uncertainty with the markets, so now is as good of time as any to make sure you know your options. Eric Peterson of Peterson Financial Group shares reasons to consider annuities. View via WHO 13 Wink’s Moore on the Market: I don’t know about this video. It never suggests that gains […]
F-H-L-B Spells Cheap Cash for Big Annuity Issuers
{July 9th, 2025} by Kerry Pechter
The largest borrower from the Federal Home Loan Bank (FHLB) system in 2024 was Athene Annuity and Life, at more than $15 billion. For at least 16 other top annuity issuers, FHLB loans are a key source of “fungible,” low-cost borrowed capital. Read via RIJ Wink’s Moore on the Market: Kerry Pechter at Retirement […]
Ex-LPL Advisor Suspended After Family Named as Client’s Beneficiaries
{July 9th, 2025} by Dinah Wisenberg Brin
A former LPL Financial advisor has agreed to an eight-month suspension and $5,000 fine after regulators found that he allowed a client to name his immediate family members as account beneficiaries without the firm’s approval. Read via Think Advisor Wink’s Moore on the Market: People doing crap like this doesn’t help anyone. -sjm
Half of Americans don’t have any life insurance. Here’s why that’s a mistake
{July 9th, 2025} by Brian Sloan
Nearly half of Americans don’t have a life insurance policy, according to a new study, with wide disparities based on age, gender, income and race. A report from Western & Southern Financial Group found that just 51% of U.S. adults had any kind of life insurance. Read via CNBC Wink’s Moore on the Market: A […]
Looking for an income stream for decades? Here’s how to emulate the Bobby Bonilla plan to get paid over time
{July 9th, 2025} by Myriam Robinso-Puche
If you feel the same as an estimated half of Americans — that you’re behind on your retirement savings — try not to be jealous today. It’s Bobby Bonilla Day, also known as July 1. Today, retired New York Mets baseball player Bobby Bonilla gets paid his annual deferred compensation: $1,193,248.20. Read via BankRate Wink’s Moore on […]
Declare Your Financial Independence: New Calculator Helps Americans Break Free from Annuity Traps
{July 9th, 2025} by American Alternative Assets
WOODLAND HILLS, Calif., July 4, 2025 /PRNewswire/ — As Americans celebrate Independence Day, American Alternative Assets announced the launch of its “Annuity Trap Calculator,” a revolutionary tool designed to help retirement savers declare independence from wealth-draining annuity contracts. Read via PR Newswire Wink’s Moore on the Market: So, let me get this right… These folks sell products/advice […]
Special master: Up to $300M on the way for Greg Lindberg victims
{July 9th, 2025} by John Hilton
The special master assigned to unwind disgraced financier Greg Lindberg’s maze of companies says the impending sale of one of them will yield up to $300 million for fraud victims. The law firm Grier Wright Martinez filed a status report Wednesday with the U.S. District Court for the Western District of North Carolina. It outlines […]
Are you qualified to be the Senior Vice President of Technology?
{July 9th, 2025} by Sheryl J. Moore
My new friend Eli G. at Mountain Life Insurance Company is looking for a Senior Vice President of Technology. Are you qualified, experienced and interested? Please feel free to reach-out to Eli, or shoot me your resume to sjm@intelrockstar.com. -sjm
‘Shame on me … and shame on him.’ I bought 3 annuities from a financial planner, but what he said I was buying — and what I signed off on — weren’t the same. Now what?
{July 9th, 2025} by Alisa Wolfson
Question: “I purchased three annuities from a financial planner and found out, after the fact, that what he presented to me and I agreed to were and purchased not the same. He completed the applications and sent to me for my signature. Shame on me for not thoroughly understanding how annuities work. And shame on him […]
Annuities Are Not Your Enemy.
{July 9th, 2025} by Richard Rosso
Utter the word ANNUITY and watch facial expressions. They range from fear to disgust to confusion. But hear me out: Annuities are not your enemy. Billionaire money manager and financial pitchman Ken Fisher appears as a haunting senior version of Eddie Munster in television ads. He stares with deep eyes ablaze with intensity. The tight camera […]
Empower Responds to Senator Elizabeth Warren’s Inquiry, Advocates for Responsible Access to Private Markets in Retirement Plans
{July 9th, 2025} by Empower
GREENWOOD VILLAGE, Colo.–(BUSINESS WIRE)–Empower has formally responded to an inquiry from U.S. Senator Elizabeth Warren regarding the inclusion of private market investments in defined contribution retirement plans. In its response, Empower emphasized the importance of evolving the retirement system to offer carefully regulated access to private equity, credit, and real estate investments for everyday savers. “The […]
Labor Department Targets Dozens of Rules for Deregulatory Push
{July 9th, 2025} by Rebecca Rainey
The Trump administration’s deregulatory push has landed at the US Labor Department, with the agency advancing a slew of proposals to tweak or scrap policies across several of its subagencies. Rules on the chopping block include minimum wage and overtime protections for certain health aides, anti-discrimination requirements for apprenticeship programs, union organizing protections for foreign […]
Bermuda continues to lead offshore life/annuity reinsurance: AM Best
{July 9th, 2025} by Kassandra Jimenez-Sanchez
With over 40% of total ceded reserves for US life-annuity writers in 2024, Bermuda continues to be a “driving force” in offshore reinsurance, according to a recent report by AM Best. The report, titled “Bermuda Remains the Largest Offshore Life/Annuity Reinsurance Domicile,” further notes that Bermuda was involved in over 60% of ceded reserves for […]
Insurers Lean Into Income, Innovation And Intelligence As Annuity Industry Enters New Era
{July 9th, 2025} by Goldman Sachs Asset Management’s 2025 Annuity Survey
US insurance carriers are accelerating their shift toward retirement income solutions and platform innovation as economic uncertainty grows. From rethinking product menus and platform allocations to embedding AI into distribution and education, the annuity business is actively transforming to meet today’s market risks and tomorrow’s investor expectations. Read via Advisor Magazine
Dearborn Group and Symetra Reach Agreement on Acquisition of Dearborn Group’s Life & Disability Business
{July 9th, 2025} by Dearborn Group
CHICAGO and BELLEVUE, Wash. — Dearborn Groupexternal link, one of the nation’s largest ancillary benefits providers, and Symetra Life Insurance Company, a national provider of life, retirement and employee benefit insurance products, today announced a definitive agreement under which Symetra will acquire Dearborn’s group life and disability (L&D) business through a reinsurance transaction and enter into a product […]
Happy 4th of July!
{July 1st, 2025} by Wink's Intel Pros
Wink will be closed July 3rd and 4th for an extended holiday.
TruStage™ launches ZoneChoice Advantage Annuity, offering more flexibility for retirement planning
{July 1st, 2025} by TruStage
MADISON, Wis. — TruStage, a leading insurance and financial services provider, today announced the launch of a new retirement solution, the TruStage ZoneChoice Advantage Annuity, underwritten by MEMBERS Life Insurance Company, a registered index-linked annuity (RILA) with new, innovative crediting strategies for end-investors. ZoneChoice Advantage is designed for both possibility and performance, with two new […]
Northwestern Mutual Expands Suite of Insurance Products to Help Families and Businesses Protect Their Legacies
{July 1st, 2025} by Northwestern Mutual
MILWAUKEE, July 1, 2025 /PRNewswire/ — Northwestern Mutual, a leading financial services company focused on comprehensive financial planning, is expanding its world-class suite of insurance products to support Americans’ estate and legacy planning needs. Through the company’s new Survivorship Variable Universal Life Plus (SVUL Plus) policy, couples, families, and business owners have even more flexibility to plan […]
Pacific Life Introduces New Variable Universal Life Insurance Product Now Available Through State Farm
{July 1st, 2025} by Pacific Life Insurance Company
NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Pacific Life is pleased to introduce a new, straightforward variable universal life (VUL) insurance product, designed for customers ages 30-55 who are comfortable pursuing cash value over the long term and have a tolerance for market-based risk. Pacific Protector Plus VUL1 offers tax-free2 death benefit protection and cash value accumulation potential through a streamlined […]
Insurers Lean Into Income, Innovation And Intelligence As Annuity Industry Enters New Era
{July 1st, 2025} by Goldman Sachs Asset Management’s 2025 Annuity Survey
US insurance carriers are accelerating their shift toward retirement income solutions and platform innovation as economic uncertainty grows. From rethinking product menus and platform allocations to embedding AI into distribution and education, the annuity business is actively transforming to meet today’s market risks and tomorrow’s investor expectations. These are among the findings from the newly […]
Participants Hit All-Time Savings High in Vanguard’s ‘How America Saves’ Report
{July 1st, 2025} by Amanda Umpierrez
Plan participants are demonstrating stronger saving and investing behaviors, as a record number of participants reported increasing their savings rates in 2024. According to Vanguard’s “How America Saves” report, out today, 45% of defined contribution (DC) participants raised their savings rates last year. When including nonparticipants, employees in automatic enrollment plans saved an average of […]
Referrals still drive advisor growth, but not with next-gen clients
{July 1st, 2025} by Leo Almazora
New survey research shows continued importance of earning trust, with changing markets and calming client nerves emerging as top practice challenges. Read via InvestmentNews
Why RIAs are the next growth frontier for annuities
{July 1st, 2025} by Leo Almazora
David Lau, founder and CEO of DPL Financial Partners, explains how the RIA boom and product innovation has fueled a slow-burn growth story in annuities. Read via InvestmentNews
F&G Annuities’ Dividend Appeal Grows as CEO Boosts Shareholding
{July 1st, 2025} by Venkatesh
F&G Annuities & Life, Inc. (NYSE:FG) is one of the 10 dividend bargains trading below insiders’ prices. Amid mixed Q1 earnings call and lowered price target, the company’s top executive makes a bold purchase of the stock. F&G Annuities & Life, Inc. (NYSE:FG), based in Iowa, provides fixed indexed annuities, multi-year guaranteed annuities, registered index‑linked annuities, […]
Penn Mutual Earns 2025 Great Place To Work Certification
{July 1st, 2025} by The Penn Mutual LIfe Insurance Company
PHILADELPHIA, June 26, 2025 /PRNewswire/ — Penn Mutual is proud to be Certified™ by Great Place To Work® for the fourth year in a row. The prestigious award is based entirely on what current employees say about their experience working at Penn Mutual. This year, 90% of employees said it’s a great place to work – 33 points […]
Integrity Listed as a Top 100 Best Companies for Perks and Benefits in the U.S. for Second Straight Year
{July 1st, 2025} by Integrity Marketing Group, LLC
DALLAS, June 26, 2025 /PRNewswire/ — Integrity, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced that it has been named one of the top 100 companies in the U.S. for Best Perks and Benefits for the second consecutive year. Integrity ranked alongside such luminaries […]
Mountain Life Announces Maryland Expansion
{July 1st, 2025} by Mountain Life Insurance Compnany
LEXINGTON, Ky., July 1, 2025 /PRNewswire/ — Mountain Life Insurance Company is pleased to announce that it is now operational in the state of Maryland. With the awarding of its latest license by the state of Maryland, the company now offers its range of products to customers in 15 states. Mountain Life looks forward to welcoming its first agents and […]
Venerable Holdings, Inc. Strikes Landmark Agreement with Corebridge Financial, Inc.
{July 1st, 2025} by Venerable Holdings
WEST CHESTER, Pa.–(BUSINESS WIRE)–Venerable Holdings, Inc. (“Venerable”), the leader in providing innovative risk transfer solutions to variable annuity issuers, today announced a landmark transaction with Corebridge Financial, Inc. (Corebridge) that will increase Venerable’s total assets under risk management, on a pro forma basis as of March 31, 2025, by approximately 77% from $67 billion to […]
Osaic Announces Direct Billing for Fee-Based Annuity Products
{July 1st, 2025} by Osaic, Inc
SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Osaic, Inc. (“Osaic”), one of the nation’s largest providers of wealth management solutions, today announced the availability of direct billing using select fee-based variable annuities within the Osaic platform. This new capability significantly simplifies annuity management, streamlining operations and enhancing flexibility for financial advisors and their clients. “We know financial professionals depend on us […]
Best’s Special Report: Bermuda Remains the Largest Offshore Life/Annuity Reinsurance Domicile
{July 1st, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–Bermuda continues to maintain its role as a driving force in offshore reinsurance, accounting for more than 40% of total ceded reserves for U.S. life-annuity writers in 2024, according to a new AM Best report. The newly issued Best’s Special Report, titled “Bermuda Remains the Largest Offshore Life/Annuity Reinsurance Domicile,” also notes that the island nation […]
AM Best Affirms Credit Ratings of NLV Financial Corporation and Its Insurance Subsidiaries
{July 1st, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of National Life Insurance Company (NLIC) (Montpelier, VT) and its wholly owned subsidiary, Life Insurance Company of the Southwest (LSW) (Addison, TX). Concurrently, AM Best has affirmed the Long-Term Issue Credit Ratings […]
Chariot Re Launches with Co-Sponsorship by MetLife and General Atlantic
{July 1st, 2025} by Metlife, Inc, General Atlantic, Chariot Re
NEW YORK–(BUSINESS WIRE)–MetLife, Inc., General Atlantic, and Chariot Reinsurance, Ltd. (Chariot Re), an independent Bermuda-based Class E life and annuity reinsurance company, today announced the completion of Chariot Re’s initial reinsurance transaction with a subsidiary of MetLife. Chariot Re will reinsure approximately $10 billion of liabilities, including structured settlement annuity contracts and group annuity contracts […]
The Rise of Human-AI Teams in Life Insurance
{July 1st, 2025} by Sam H
Let’s talk about Reg BI — the SEC’s Regulation Best Interest under the Securities Exchange Act of 1934, which establishes a “best interest” standard of conduct for broker-dealers and investment advisers when they make a recommendation to a customer for an investment strategy involving securities. The name sounds promising, right? Like the financial version of […]
Treating financial wellness
{July 1st, 2025} by John Hilton
Ian Freeman wasn’t sure he would see his 50th birthday. The life struggles and inner torment caused others to tell him it wasn’t likely. “What is interesting about that is, I didn’t do drugs,” Freeman recalled. “I didn’t mind having a drink, but I really didn’t drink. I didn’t do drugs. I didn’t smoke. I […]
Actuaries seek better data on troubling age 80+ mortality trend
{July 1st, 2025} by John Hilton
Regulators and actuaries are considering a data change to better account for a puzzling mortality degradation in individuals ages 80 and older. The Life Mortality Improvement Subgroup of the Mortality and Longevity Oversight Advisory Council wants to switch from general population data to insured population data. The two datasets are fairly similar up until age […]
Corebridge inks $2.8B variable annuity transaction with Venerable
{July 1st, 2025} by Staff Reports
Corebridge Financial has a deal with CS Life Re, a subsidiary of Venerable Holdings, to reinsure all the variable annuities of its Individual Retirement business, with account value totaling $51 billion. The transaction is valued at $2.8 billion, consisting of both ceding commission and capital release, and will generate approximately $2.1 billion of net distributable […]
Annuities in 401(k)s? Savers show interest, but advisors are hesitan
{July 1st, 2025} by Elijah Nicholson-Messmer
A vast majority of workers say that employers have a responsibility to help them achieve guaranteed income in retirement, and many think annuities are the way to do it, according to a new survey from Nuveen and the TIAA Institute. Read via Financial Planning Wink’s Moore on the Market: I don’t know about you, […]
Corebridge to sell $51 billion variable annuity business to Venerable
{July 1st, 2025} by Staff
HOUSTON – Corebridge Financial, Inc. (NYSE:CRBG), currently valued at $18.28 billion with shares trading at $33.07, announced Thursday it has entered into an agreement with CS Life Re, a subsidiary of Venerable Holdings, to reinsure all variable annuities in its Individual Retirement business, representing $51 billion in account value as of March 31, 2025. According […]
Innovation with Intention: A New Era of Indexed Universal Life Insurance
{July 1st, 2025} by Staff Writer
As financial products grow more complex and customer expectations rapidly evolve, innovation must be more than a slogan—it’s a necessity. For Allianz Life Insurance Company of North America (Allianz), innovation means building sustainable value, designing for real-world needs, and staying focused on the long-term benefit of policyholders. Read via INN Wink’s Moore on the […]
Why Smart Retirees Are Ditching Traditional Financial Plans
{July 1st, 2025} by Matthew Eilers
Today’s economic landscape is making it difficult for many to retire. Inflation, market volatility, rising health care costs and uncertainty surrounding interest rates are taking their toll on Americans; 70% say their financial stress is at an all-time high, according to a recent survey by Talker Research on behalf of Doctor On Demand by Included […]
Can Default Annuities Lead to Better Retirement Outcomes?
{July 1st, 2025} by Paul Mulholland
As more defined contribution plan sponsors consider whether to add a lifetime income option, questions arise on whether plans should include annuity payout options as part of their default. A recent study explores some of the benefits and tradeoffs. According to the research from the Pension Research Council, “defaulting 20% of a retiree’s assets over […]
Actuaries seek better data on troubling age 80+ mortality trend
{July 1st, 2025} by John Hilton
Regulators and actuaries are considering a data change to better account for a puzzling mortality degradation in individuals ages 80 and older. The Life Mortality Improvement Subgroup of the Mortality and Longevity Oversight Advisory Council wants to switch from general population data to insured population data. The two datasets are fairly similar up until age […]
Terry Savage: Index-linked annuities aren’t the bargain they seem
{July 1st, 2025} by Terry Savage
The promises are enticing: stock market upside with no risk on the downside. Or market “participation” with downside “protection.” File this under too good to be true. As with all sales pitches, the devil is in the details. Read via MSN Wink’s Moore on the Market: Terry Savage is not even close to right, […]
John Hancock’s Vitality builds a decade of success on living well
{July 1st, 2025} by Doug Bailey
Ten years ago, John Hancock took a chance. In an industry rooted in actuarial tables, underwriting decisions, and death benefits, the Boston-based life insurer asked an unusual and bold question: What if we could build customers – and profits – by providing benefits not just for dying, but for living well? Read via INN Wink’s […]
How to Soothe ‘Really Worried’ Retirement Savers: Jamie Hopkins
{July 1st, 2025} by John Manganaro
Anecdotal and survey evidence shows that working Americans are deeply worried about their financial security in retirement, with a recent Fidelity poll finding only about half of Gen Xers were confident about retiring “on their own terms.” Although 67% of savers expressed some degree of confidence in their retirement prospects, this figure was down by 7 percentage […]
These folks don’t know about the annual penalty-free withdrawal provision on annuities.
{July 1st, 2025} by Sheryl J. Moore
MSN doesn’t seem to know enough about annuities, to be writing about them. View Over 40? Fix These Annuity Misunderstandings Before Retirement via MSN. “Insurance agents may earn 1% to 10% in commissions—potentially up to $20,000 on a $200,000 annuity.” – Nope. There are no annuities that pay the agent 10% commission. “One of the […]
Corebridge sheds the risks of its $51 billion VA business
{July 1st, 2025} by Editorial Staff
Corebridge Financial, Inc. (NYSE: CRBG), last week announced that CS Life Re, a subsidiary of Venerable Holdings, Inc., will reinsure all the variable annuities of Corebridge’s individual retirement business, with account value totaling $51 billion as of March 31, 2025. Read via RIJ
F-H-L-B Spells Cheap Cash for Big Annuity Issuers
{July 1st, 2025} by Ker
It’s a bit counterintuitive that U.S. life/annuity companies, which effectively borrow hundreds of billions of dollars by selling annuities to American’s older investors every year, would need to, or choose to, borrow tens of billions more from government-sponsored banks. Read via RIJ
TPG and Aquarian Holdings Vie to Acquire Brighthouse
{July 1st, 2025} by Editorial Staff
Brighthouse is a top-10 annuity issuer, with over $100 billion in assets. But neither Brighthouse (or its predecessor, MetLife) ever sold many of the fixed indexed deferred annuities whose issuers asset managers have been acquiring as sources of capital for their private credit businesses. Read via RIJ Wink’s Moore on the Market: Kerry Pechter at […]
