The deal, part of a trend in private-equity acquisitions of life/annuity properties that began a decade ago, makes KKR about one-third larger. The trend tailwind: low rates.
Why is the Trump Labor Dept so determined to align its Best Interest standard with the SEC's 'Reg BI'? It claims that such an alignment will be more efficient. But if DOL doesn't protect participants, who will?
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SIMON platform to offer Allianz Life fixed indexed annuities; Janus risk-managed index available in Global Atlantic FIA; Morningstar completes purchase of Sustainalytics; MetLife joins sustainability initiative; Life insurers’ real estate assets bear watching: AM Best; Asset management consolidation to continue: Cerulli.
'A turn toward yield curve control doesn’t necessarily preclude the Fed from doing more quantitative easing. I expect they would use the tools in tandem,' writes our guest columnist, an economist at the University of Oregon.
The contract, “Simple Annuity,” and the app of the same name will support the sale of the annuity by independent, commissioned insurance agents and by Nassau’s own licensed, salaried representatives. (Photo: Paul Tyler, Nassau CMO.)