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.
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 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 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.
Guardian Life Insurance expands MarketPerform RILA product with new Crediting Strategies offering enhanced growth and retirement customization options.
A.M. Best affirms Knighthead Life's A- Financial Strength Rating reflecting strong capital and robust MYGA debut, underscoring stability and growth in retirement insurance.
Jefferies Financial Group acquires a 50% stake in Hildene Capital Management for $340 million as Hildene completes $550M acquisition of SILAC Insurance Company, expanding presence in credit and annuity markets.
Hildene Capital Management is set to acquire SILAC Insurance Company in a $550 million deal, expanding its management of investment assets and insurance balance sheet capabilities in the U.S. annuity market.
NexAnnuity introduces NexCompounder FIA, a fixed index annuity offering flexible retirement savings with principal protection, tax-deferred growth, and diversified index strategies linking to S&P 500 and Nasdaq-100.
Hildene Capital Management is set to acquire SILAC Inc., an annuity provider with $10B in assets, for $550M. Simultaneously, Jefferies Financial Group purchases a 50% stake in Hildene. Deals expected to close by 2026 pending regulatory approval.
