CEO Chris Blunt of F&G Explains It All

In only about three years, Fidelity & Guaranty Life has leveraged the asset management skills of strategic partner Blackstone to become a major fixed indexed annuity provider. Blunt, F&G's CEO since 2019, explains exactly how F&G came so far so fast.

Election’s Impact on Financial Services Industry: Aite Group

A team of analysts at the Aite Group offers tentative forecasts of the incoming Biden administration's impact on the regulation of the financial services industry in the US. The report covers wealth management, banking, health insurance and other sectors.
Anecdotal Evidence

The AAA’s Panel on the SECURE Act

The American Academy of Actuaries hosted a webinar on the implications of the SECURE Act last week. As one of the panelists, I gave a presentation on the Act's implications for life insurers who hope to market annuities to plan participants.

Honorable Mention

Vermont grocers start a closed MEP 401(k); Lincoln will recordkeep; Forethought annuities now on SIMON platform; Surge in borrowing by life/annuity insurers: AM Best; Investing after the 2020 election: BlackRock Investment Institute.


November 6, 2020

A Closer Look at CLOs

New research into collateralized loan obligations (CLOs), which are helping reshape the investment policies of the life/annuity industry, explores whether they have the same vulnerabilities as the 'CDOs' in 'The Big Short,' the book...
October 29, 2020

Now Divesting: AIG, Equitable and Great American

De-risky business: AIG will spin off its Life & Retirement division, Venerable Holdings will reinsure $12bn worth of Equitable's pre-2010 variable annuities with living benefits, and Commonwealth Annuity (part of Global Atlantic) will reinsure...
October 22, 2020

Drama in Des Moines

Rejecting a takeover bid by Athene and MassMutual, fixed index annuity issuer American Equity will partner with Brookfield Asset Management. The deal releases up to $350m in capital for American Equity, and makes it...