Matt Zagula is an annuity wholesaler and fixed indexed annuity (FIA) designer. He and forensic accountant Tom Gober created the TSR ratio, a scale for rating FIA issuers. Mutual and fraternal insurers score best; private equity-led life insurers score worst.
Bermuda Triangle News
Three items: Allianz unlocks $4.07 billion in surplus through $35 billion FIA reinsurance deal with units of asset manager Sixth Street; AM Best affirms F&G's 'Excellent' strength rating but notes potential vulnerabilities; Andrew Kanelos rises at Oceanview Re.
Net income of life/annuity companies on track to double this year: AM Best ; Pacific Life enhances offerings for RIAs; Luma enhances annuity and structured product comparison tool; Mutual of Omaha adds 401(k) technology from American Trust.
'The Fed has turned hawkish belatedly due to a policy error on inflation. But it will have to back off as asset prices decline, yield curve approaches inversion—a telltale sign of a recession—and as inflation eases in early 2022,' say the analysts at the Clocktower Group.
The Equitable SCS-Income registered index-linked annuity offers growth potential, plus a selection of downside buffers against loss, plus a lifetime withdrawal benefit that puts a floor under the value of annual withdrawals in retirement.