Rising Interest Rates Double Annuity Sales, Boosting Insurance Credit Demand
Higher interest rates have led to doubled annuity sales, increasing credit demand and affecting insurance investment strategies and regulatory considerations.
Higher interest rates have led to doubled annuity sales, increasing credit demand and affecting insurance investment strategies and regulatory considerations.
State Farm Ventures is restructuring its investment portfolio to prioritize auto and insurance technologies, targeting innovations in autonomous vehicles, claims automation, and risk assessment within the insurance industry.
New York Life Insurance increases its investment in Affirm's consumer loans, backing up to $750 million through 2026 to support $1.75 billion in annual loan volume amid rising interest rates and fintech growth.
The Manufacturers Life Insurance Company increased its holding in Celestica by 77.2% during Q1, reflecting confidence amid strong earnings and market optimism. Celestica’s growth and analyst upgrades underscore its robust financial health and expanding role in tech supply chain solutions.
A consortium of insurers and asset managers completed an acquisition targeting the development of the closed life insurance market in Europe, highlighting increased institutional interest in closed book portfolios.
AM Best's report reveals a growing trend of U.S. life and annuity insurers outsourcing investment management to third-party asset managers, driven by private equity involvement and the need for diversified asset portfolios.
Legal & General teams with Blackstone to provide clients access to private credit funds, enhancing annuities and asset management amid rising insurer interest in alternative investments.
Sixth Street finalizes $5.1 billion acquisition of Enstar Group, marking a transition to private ownership and Nasdaq delisting, impacting the reinsurance market dynamics.
Third-party managed insurance assets reach $4.5 trillion in 2024, driven by strong growth in fixed income and private asset investments. Key managers and consultants detailed.
ReliaStar Life Insurance Company of New York reports Q1 2025 financials highlighting strong capital positions, asset allocations, and operational income amid regulatory compliance.