Malibu Life Prepares to Enter Retail Annuity Market With $45M TruSpire Acquisition
October 22, 2025 by Allison Bell
A Cayman Islands-based annuity reinsurer is preparing to enter the U.S. retail fixed annuity market — and it told investors that it thinks it can generate about $5 billion per year in annual annuity revenue.
Malibu Life Holdings announced Tuesday that it has agreed to pay Mutual of America $45 million to acquire Mutual of America’s TruSpire Retirement Insurance subsidiary.
Originally Posted at Think Advisor on Oct 17, 2025 by Allison Bell.
Categories: Industry Articles