Tag: Annuities

U.S. Pension Risk Transfer Market Shows Volatility with Buy-In Sales Spike

Explore the latest trends in the U.S. pension risk transfer market as buy-in sales surge amid overall market volatility and regulatory challenges.

Vanguard and TIAA Launch Target-Date Trusts with Lifetime Income Option

Vanguard and TIAA introduce Target Retirement Lifetime Income Trusts, integrating annuities into workplace retirement plans to provide guaranteed lifetime income. This innovation addresses longevity risk and enhances retirement income stability.

CAIS Launches Sports & Entertainment Fund; Magnifact and Cohen & Steers Debut New Insurance and ETF Products

CAIS Advisors to launch sports and entertainment investment fund; Magnifact introduces real-time annuity tracking; Cohen & Steers unveils new ETFs; Guardian Life updates annuity crediting strategies.

AM Best Affirms Stable Credit Ratings for Pacific Life Insurance Group

AM Best affirms stable and strong credit ratings for Pacific Life Insurance Group, highlighting its robust balance sheet, diversified operations, and effective risk management.

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.