NAIC Eyes ‘Bermuda Triangle’ Strategy

A document from the NAIC's Financial Stability Task Force reflects the concerns that the NAIC has heard from a variety of sources about the increased ownership of life insurers by private equity firms. (Image from NAIC document.)
'Bermuda Triangle' Digest

Private equity/life insurer partnerships proceed

American Equity invests in residential real estate firm; Everlake Life is born, a child of Blackstone; AIG and Blackstone close $50 billion deal; Sunset Life rating under review after acquisition by Investcorp.


October 28, 2021

Charting the Bitcoin Universe (and other New Research)

This Research Roundup offers a map of the world of cryptocurrency trading, a look at 'Participating Longevity-Linked Annuities,' an investing strategy for low-yield times from David Blanchett, and answers to the 'annuity puzzle.' ...
October 21, 2021

Another Annuity Issuer Enters the ‘Bermuda Triangle’

American Equity Investment Life Insurance Co., a top-ten fixed indexed annuity seller, is partnering with Brookfield Asset Management on a $10 billion reinsurance and investment deal. Their plan looks a lot like the 'Bermuda...
October 14, 2021

The New Table Stakes: ‘Unified Managed Income’

To get attention today, income calculation software has to do a lot. Like tell wealth managers and recordkeepers when, in what quantity, and from what sources they should send checks to retirees. Manish Malhotra...