Equity-indexed annuity

Corebridge Financial Introduces Dimensional Index Designed Exclusively for The Power Series of Index Annuities

Retrieved on: 
Thursday, November 17, 2022
Professional Services, Insurance, Finance, Sale, Annuity, Marketing, Treasury, Individual retirement account, American International Group, Accounting, Government, NYSE, Insurance, Nobel, MSG, Research, Equity-indexed annuity, United States Department of the Treasury, Nature, Retirement, Power series, Maintenance, AGL, Tax, Growth, Organization, Dimensional Fund Advisors, Risk, Life insurance, Financial adviser, Financial services, Index, Dimension

Corebridge Financial today announced the introduction of the Dimensional US Foundations Index, an index created by Dimensional Fund Advisors for use exclusively in The Power Series of Index Annuities, Corebridges family of fixed index annuities.

Key Points: 
  • Corebridge Financial today announced the introduction of the Dimensional US Foundations Index, an index created by Dimensional Fund Advisors for use exclusively in The Power Series of Index Annuities, Corebridges family of fixed index annuities.
  • Our distribution partners count on Corebridge Financial to be at their side, inspiring action to move financial futures forward, said Bryan Pinsky, President, Individual Retirement, Corebridge Financial.
  • The new Dimensional US Foundations Index furthers our commitment to designing research-based solutions to solve for retirement savers complex range of financial needs.
  • The Power Series of Index Annuities are issued by American General Life Insurance Company (AGL), a subsidiary of Corebridge Financial, Inc., formerly known as AIG Life & Retirement.

US Annuity Market Report 2022: Stock Market Growth and Wariness of Inflation and Volatility Driving Sector - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 4, 2022
Professional Services, Finance, Rationalization, Broker-dealer, Growth, DOL, Market share, AUM, Independent, Income, COVID-19, Retirement, Assets under management, CAGR, Intention, Region, Equity-indexed annuity, Investment, Distribution, Insurance, Index, Life, Financial adviser, Life insurance

Investors wary of increased market volatility and growing inflation drove total US annuity sales to the highest levels since 2008.

Key Points: 
  • Investors wary of increased market volatility and growing inflation drove total US annuity sales to the highest levels since 2008.
  • By Type: The report provides the bifurcation of the market into two segments based on type: Fixed Annuity and Variable Annuity.
  • In 2021, the fixed annuity accounted for the maximum share of approximately 52% in the US annuity market owing to the protection and growth offered by fixed annuities.
  • The fixed annuities are further bifurcated based on type (Index Annuity and Traditional Fixed Annuity).

New American Equity Fixed Index Annuity Offers Paths to Protected Lifetime Income and Legacy Benefits

Retrieved on: 
Thursday, July 22, 2021
Professional services, Insurance, Finance, Annuities, Money, Finance, Economy, Life annuity, Fixed annuity, Life insurance, Retirement annuity plan, Equity-indexed annuity, Professional services, Insurance, Finance, Annuities, Money, Finance, Economy, Life annuity, Fixed annuity, Life insurance, Retirement annuity plan, Equity-indexed annuity

For the millions of Americans looking to supplement their retirement with a guaranteed lifelong income stream and ensure a legacy path for beneficiaries, American Equity Investment Life Insurance Company launches a new fixed index annuity the EstateShield.

Key Points: 
  • For the millions of Americans looking to supplement their retirement with a guaranteed lifelong income stream and ensure a legacy path for beneficiaries, American Equity Investment Life Insurance Company launches a new fixed index annuity the EstateShield.
  • Some call it a plan for their retirement, some call it their second or third act, we internally call it a clients plan for financial dignity, powered by American Equity, said American Equity Chief Executive Officer Anant Bhalla.
  • To strengthen a clients retirement income base, plus provide the opportunity for rising lifetime income payments and the potential for enhanced legacy benefits, the product has a Benefits Account Value (BAV), which is used to calculate lifetime income payments and/or the enhanced death benefit.
  • American Equity Investment Life Insurance Company is a full-service underwriter of fixed annuity products, with a primary emphasis on the sale of index annuities.

JourneyGuide Announces Strategic Partnership with Great American Life Insurance Company®

Retrieved on: 
Friday, April 9, 2021
Annuities, Finance, Money, Insurance, Life annuity, Life insurance, Fixed annuity, Equity-indexed annuity

Furthermore, JourneyGuide can now model Great American Life's accumulation annuities, including the Index Frontier 5, Great American Life's flagship registered index-linked annuity.

Key Points: 
  • Furthermore, JourneyGuide can now model Great American Life's accumulation annuities, including the Index Frontier 5, Great American Life's flagship registered index-linked annuity.
  • "JourneyGuide is excited to partner with Great American Life, a highly rated and innovative carrier with decades of experience," said Gary Moorman, Head of Business Development & Sales at JourneyGuide.
  • Great American Life Insurance Company, member of Great American Insurance Group (GAIG), helps simplify the path to financial security through the sale of traditional fixed, fixed-indexed and registered index-linked annuities in the retail, broker-dealer, financial institutions and registered investment advisor markets.
  • Note: On January 27, 2021, AFG announced that it entered into a definitive agreement to sell its Annuity business, including Great American Life, to Massachusetts Mutual Life Insurance Company.

Security Benefit Adds Two Diversified Index Credit Options for Strategic Growth Series

Retrieved on: 
Monday, March 29, 2021
Consulting, Professional services, Insurance, Finance, Annuities, Finance, Money, Actuarial science, Insurance, Retirement, Insurance in the United States, United States contract law, Life annuity, Life insurance, Equity-indexed annuity

Our Strategic Growth Series fixed index annuities were met with tremendous reception in the IMO market when we introduced them in 2019, said Doug Wolff, president of Security Benefit Life Insurance Company.

Key Points: 
  • Our Strategic Growth Series fixed index annuities were met with tremendous reception in the IMO market when we introduced them in 2019, said Doug Wolff, president of Security Benefit Life Insurance Company.
  • The new S&P 500 Factor Rotator Daily RC2 7% Index was developed in-house by the Security Benefit Investment Team.
  • In addition to the new Factor Rotator Index, Security Benefit added the S&P MARC 5% Index as another multi-asset diversification option in the Strategic Growth Series.
  • The Security Benefit Strategic Growth Series, modified single premium, deferred fixed index annuity contracts are issued by Security Benefit Life Insurance Company (SBL).

As Investors Seek Protection and Growth, Lincoln Level Advantage® Tops Registered Index-linked Annuity Sales In 2020

Retrieved on: 
Wednesday, March 10, 2021
Banking, Professional services, Insurance, Finance, Annuities, Finance, Money, Economy, Life annuity, Fixed annuity, Equity-indexed annuity, Lincoln Level Advantage, Lincoln Financial Group

According to Secure Retirement Institute, total RILA sales for 2020 were $24.1 billion up $6.6 billion (38 percent) from 2019.

Key Points: 
  • According to Secure Retirement Institute, total RILA sales for 2020 were $24.1 billion up $6.6 billion (38 percent) from 2019.
  • RILAs comprised nearly a quarter of all variable annuity sales and experienced the largest growth of all products in 2020.
  • Lincoln Level Advantage is consistently recognized in Barron's Top 100 Annuities including in 2020 as the top-ranking annuity in the category for Best Annuity for Downside Protection with Stock-like Returns.
  • Lincoln Level Advantage indexed variable annuity is a long-term investment product designed for retirement purposes.

JourneyGuide, Inc. Partners with Kuvare Holdings to Integrate Guaranty Income Life Insurance Company Annuity Products

Retrieved on: 
Tuesday, March 9, 2021
Annuities, Finance, Money, Actuarial science, Economy, Retirement, Life annuity, Equity-indexed annuity, Fixed annuity

Furthermore, JourneyGuide can now model GILICO's accumulation annuities for the very first time.

Key Points: 
  • Furthermore, JourneyGuide can now model GILICO's accumulation annuities for the very first time.
  • These enhancements will improve annuity options for all JourneyGuide advisors.
  • "We know GILICO provides highly competitive products and rates and now all of our advisors will see that for themselves."
  • "We are always looking for new ways to utilize technology at Kuvare.

Nationwide Announces Launch of Nationwide New Heights® Select Fixed Indexed Annuity

Retrieved on: 
Monday, March 8, 2021
Annuities, Finance, Money, Insurance, Nationwide Mutual Insurance Company, Life annuity, Fixed annuity, Nationwide, Universal life insurance, Life insurance, Draft:Peace Of Mind Wealth Management, Equity-indexed annuity

"Nationwide New Heights Select fixed indexed annuity has been enhanced to provide pre-retirees with greater growth potential and principal protection at a time when they need it the most, while also providing a guaranteed source of retirement income they can't outlive."

Key Points: 
  • "Nationwide New Heights Select fixed indexed annuity has been enhanced to provide pre-retirees with greater growth potential and principal protection at a time when they need it the most, while also providing a guaranteed source of retirement income they can't outlive."
  • Annexus is the leading independent product development provider of fixed indexed annuities, indexed universal life insurance and index-based wealth management solutions.
  • Nationwide New Heights fixed indexed annuities are issued by Nationwide Life and Annuity Insurance Company, Columbus, Ohio.
  • Nationwide, the Nationwide N and Eagle, Nationwide is on your side, Nationwide New Heights, New Heights, Nationwide High Point 365 and High Point 365 are service marks of the Nationwide Mutual Insurance Company.

American Equity Rolls out Accumulation Product Enhancements

Retrieved on: 
Monday, February 22, 2021
Banking, Professional services, Insurance, Finance, Annuities, Finance, Money, Economy, Fixed annuity, Life annuity, Life insurance, Insurance, Credit Suisse, Equity-indexed annuity

American Equity Investment Life Insurance Company, a leading underwriter of fixed index annuities, announced a series of enhancements to its flagship accumulation product, the AssetShield fixed index annuity.

Key Points: 
  • American Equity Investment Life Insurance Company, a leading underwriter of fixed index annuities, announced a series of enhancements to its flagship accumulation product, the AssetShield fixed index annuity.
  • Neither American Equity nor any fixed index annuity (Product) is sponsored, operated, endorsed, sold or promoted by BofAS.
  • Credit Suisse has no relationship to American Equity Investment Life Insurance Company (American Equity), other than certain hedging arrangements and the licensing of the Index and its service marks for use in connection with a fixed indexed annuity offered by American Equity (the Product) and is not a party to any transaction contemplated hereby.
  • Obligations to make payments under the Product are solely the obligation of American Equity and are not the responsibility of Credit Suisse.

Remaining Bullish in a Shrinking Variable Annuity Market

Retrieved on: 
Wednesday, February 17, 2021
Annuities, Finance, Money, Economy, Life annuity, Equity-indexed annuity, Fixed annuity

So much so, the company recently reconfigured their LiveWell Variable Annuity (VA) with more legacy planning choices and lower fee options than ever.

Key Points: 
  • So much so, the company recently reconfigured their LiveWell Variable Annuity (VA) with more legacy planning choices and lower fee options than ever.
  • Over the past few years, more companies have been getting out of the variable annuity business.
  • You should consider the investment objectives, risks, charges, and expenses of the variable annuity and its underlying investment options carefully before investing.
  • Variable annuities are designed for long-term investing, such as retirement investing and are subject to market risk including loss of principal.