Record Annuity Sales Hit $116B in Q2; FRDs Lead Amid Market Volatility

Record Annuity Sales Hit $116B in Q2; FRDs Lead Amid Market Volatility

U.S. annuity sales reached a record $116 billion in Q2, driven by fixed-rate deferred annuities amid market volatility. LIMRA projects strong 2025 growth for annuities with RILAs and FIAs maintaining key roles.

Venerable Holdings Expands Variable Annuity Reinsurance with Corebridge and American General

Venerable Holdings boosts assets under management and annual sales through new variable annuity flow reinsurance agreements with Corebridge Financial and American General Life Insurance.

Market Update: Tariff Continuation, OPEC+ Output Increase, and Labor Official Dismissal

Stay informed on the latest market developments including tariff continuation, OPEC+ output changes, and labor official changes impacting the economic landscape relevant to U.S. insurance professionals.

Brookfield Business Partners Acquires Just Group to Bolster UK Pension Risk Transfer

Brookfield Business Partners acquires Just Group to enhance its UK pension risk transfer capabilities, leveraging investment expertise and expanding annuity offerings amid growing retirement market demand.

New Haven Pension Lawsuit Highlights Oversight in Union Settlement

A New Haven pension lawsuit proceeds challenging a $400,000 firefighter annuity linked to a Supreme Court case, focusing on municipal contract oversight.

Longevity Economy Drives $600B Opportunity in Retirement, Biotech, and AI Finance

Explore how the aging U.S. population is creating a $600 billion opportunity through innovations in retirement products, geroscience biotech, and AI-driven financial planning, reshaping insurance and investment landscapes.

US Longevity Economy Growth Spurs Innovation in Annuities and Geroscience

Explore the rapid growth of the US longevity economy, driving innovations in annuities, geroscience, and AI-driven retirement planning amid demographic shifts.

Understanding the IRS Five-Year Rule for Inherited Annuities in the U.S.

Learn about the IRS five-year rule for inherited nonqualified annuities, beneficiary options, tax implications, and compliance strategies for U.S. insurance professionals and financial advisors.

Navigating Annuity Complexities: Key Insights for U.S. Retirement Planning

Explore critical insights on annuity types, common mistakes, fees, inflation impact, and advice for securing retirement income. Understand how to choose the right annuity and avoid pitfalls.

Baltimore Insurance Agent Faces Multiple Criminal Charges Including Evidence Fabrication

Michael C. Okolo, a former Baltimore insurance agent, faces multiple criminal charges including fabricating evidence and theft, highlighting regulatory enforcement actions in Maryland's insurance industry.