Tag: Annuities

Guardian Life Expands MarketPerform Annuity with New Crediting Strategies

Guardian Life Insurance expands its MarketPerform annuity with two new crediting strategies, enhancing retirement planning options with step-up trigger rate and capped participation.

Aviva Advances Individual Annuities with GBST's Composer Platform

Aviva partners with GBST to deploy Composer platform, enhancing individual annuities through automation and innovative retirement products for improved operational efficiency.

EXL Migrates LifePRO Digital Suite to AWS to Enhance Life Insurance Platform

EXL completes migration of LifePRO Digital Suite to AWS, enhancing scalability, AI integration, and compliance for life and annuity insurance platforms.

Consumer Advocate Highlights Risk of Unclaimed Benefits in Life Insurance and Annuities

A consumer advocate warns state insurance regulators about the risk that life insurance policies, pensions, and annuity benefits may go unclaimed, posing challenges for providers and regulators.

Hildene Capital to Acquire SILAC Insurance Company for $550M

Hildene Capital Management to acquire SILAC Insurance in a $550 million deal, expanding fixed indexed annuity offerings and investment management integration.

U.S. Life Insurers Face Q3 Earnings Decline Amid Market Volatility

U.S. life insurers saw a 17% drop in operating earnings in Q3 2011 due to equity market declines and low interest rates, Moody's reports. Financial flexibility remains strong despite earnings challenges.

Hildene Capital Management to Acquire US Annuity Provider Silac for $550M

Hildene Capital Management is set to acquire US annuity provider Silac for $550 million, enhancing its portfolio in the growing fixed and fixed indexed annuities market. Closure expected mid-2026 pending regulatory approvals.

U.S. Annuity Sales Hit Record $121B in Q3 2025, Fueling Growth Opportunity

LIMRA reports record U.S. annuity sales of $121 billion in Q3 2025. Rising interest among Generation X investors signals growth opportunities for annuity providers and financial advisers.

Vanguard to Launch 401(k) Target Date Fund with Fixed Annuity Feature in 2026

Vanguard partners with TIAA to introduce a 401(k) target date fund featuring fixed annuity conversion, addressing the rising demand for guaranteed retirement income in the U.S. market.

Jefferies Acquires 50% Stake in Hildene Capital; Hildene Expands with SILAC Annuities Buy

Jefferies Financial Group acquires 50% of credit manager Hildene Capital Management and supports its expansion into annuities with Hildene's $550M purchase of SILAC Insurance. The deal highlights strategic moves in asset and insurance investment space.