Annuities can be a useful, albeit expensive financial tool to manage retirement income if one cannot or is reluctant to manage their own funds.

Hexure, a leading provider of sales and regulatory automation solutions for the life and annuity industry, announced Axonic Insurance Services ("AIS") has implemented FireLight e-application to launch ...

New York-based MetLife, Inc. (MET) is a financial services company that provides insurance, annuities, employee benefits, and ...

General Dynamics Corp., Reston, Va., purchased a group annuity contract to transfer $673 million in U.S. pension plan ...

The National Insurance Commission has recently issued new guidelines for annuity business in Nigeria, describing it as an attempt to enshrine best practices in the management of annuity portfolios by ...

By Brad Rhodes The nearer you are to retirement, the more pressure you are under to make sure you have a reliable and steady source of income for the remainder of your lifetime. Social Security and ...

The Tax Cuts and Jobs Act (“TCJA”), also referred to as the “Trump Tax Cuts,” reduced the corporate tax rate from 35% to 21%. This law is in the ...

Lincoln Financial Group reported fourth-quarter and full-year 2024 financial results, posting net income available to common ...

Like its competitors, Lincoln Financial is riding huge annuity sales while setting up Bermuda reinsurance and watching interest rates.

Learn more about whether Erie Indemnity Company or MetLife, Inc. is a better investment based on AAII's A+ Investor grades, which compare both companies' key financial metrics.

Mondelez International Inc., Chicago, has terminated one of its U.S. pension plans and completed a buy-in transaction that ...

The increasing trend of offshore reinsurance being used by US life insurers, particularly in the US, Bermuda and the Cayman ...