Tag: annuity products

Avocet Partners Launches $500M Insurance Platform, Acquires EMC Life

Avocet Partners launches a $500 million-backed insurance platform, acquiring EMC National Life to build a multi-line life and annuity business focused on growth and operational excellence.

Avocet Partners Launches with $500M Equity, Acquires EMC National Life Insurance

Avocet Partners launches with $500M equity capital and acquires EMC National Life Insurance, aiming to grow a life and annuity insurance platform nationally across 48 states by 2026.

Avocet Partners Launches Platform with $500M Backing, Acquires EMC National Life

Avocet Partners launches a $500M-backed insurance platform, acquiring EMC National Life to expand life and annuity insurance offerings nationally.

KBRA Affirms Stable Rating for Universal Life Insurance Company in Puerto Rico

KBRA maintains Universal Life Insurance Company's stable financial strength rating, highlighting strong market presence, risk management, and reinsurance exposure within the Puerto Rico insurance industry.

Vanguard and TIAA Launch Lifetime Income Trusts for Retirement Security

Vanguard and TIAA introduce Target Retirement Lifetime Income Trusts integrating fixed annuities into target-date funds to address retirement income security. Available 2026.

Vanguard and TIAA Launch Lifetime Income Option for Retirement Plans

Vanguard and TIAA collaborate to introduce Target Retirement Lifetime Income Trusts, offering guaranteed lifetime income in employer-sponsored retirement plans to enhance retirement security.

Milliman Study Finds Surrender Rates on VA GLWB Contracts More Than Double Since 2022

Milliman's 2025 research reveals variable annuity surrender rates with GLWB riders more than doubled since 2022 amid rising interest rates and FIA competition, signaling shifting policyholder behavior and risk management challenges for life insurers.

AmeriLife and Levinson Partner to Expand Agent Resources and Market Reach

AmeriLife and Levinson & Associates form a strategic partnership to provide licensed insurance agents nationwide with enhanced resources, innovative tools, and comprehensive support, boosting growth and client service capabilities.

Challenger Limited Revises 2025 Financial Calendar Amid APRA Consultations

Challenger Limited postpones its 2025 Investor Day amid ongoing APRA consultations on annuity capital settings, affecting the Australian insurance and financial sectors.

LL Global to Merge with Alliance for Lifetime Income to Enhance Retirement Education

LL Global merges with Alliance for Lifetime Income to strengthen retirement income education and research, addressing Americans' retirement security needs amid an aging population.