For Ibexis Life, Cayman Outshines Bermuda

By Kerry Pechter

This Missouri-domiciled life insurer epitomizes the asset-manager-driven life/annuity companies that have been disrupting the U.S. life/annuity business since 2010 or so. In its first year selling fixed indexed annuities, it sold $453 million worth.

What are ‘excess return’ indexes?

Like many FIA issuers, Ibexis Life uses 'excess return' indexes in its product. In the context of FIA indexes, 'excess return” doesn’t mean 'out-performance relative to a benchmark' or 'alpha.' It means net performance above the yield of a risk-free asset.

The DOL Should Challenge the Fifth Circuit’s Opinion

By Kerry Pechter

When insurance agents encourage IRA owners or rollover candidates to buy fixed income annuities, are they like EMTs, who save lives without having to be MDs or carry malpractice insurance? Or are they more like EMTs who dare to attempt open-heart surgery on people with chest pains?

News briefs

High interest rates lead to record-breaking 1Q2024 annuity sales; Life insurers warm to private credit, survey shows; Jackson National introduces ‘+Income’ VA rider.

The case for affiliated reinsurance in the Cayman Islands

The Cayman Island's "legislative and regulatory regime is less prescriptive and therefore affords prospective Cayman reinsurers greater flexibility to propose a bespoke capital model to our regulator without being significantly constrained by specificities in legislation,' a Cayman law firm wrote.

BlackRock relaunches its “LifePath Paycheck” retirement income tool

By Kerry Pechter

'DCIO' asset managers like BlackRock must find ways to retain participant assets post-retirement and enrich the value of their target date funds. They must also make themselves relevant to the retirement income discussion. Mark Fortier comments.

Data Connection: Retirement Savings Concentration within Ethnic Groups

Get the Whole Story. Subscribe Today
to Retirement Income Journal.
Now reaching 7,000 thought-leaders a week!