
麻豆影视 Annuities & Life Reaches $5 Billion in Cumulative Pension Risk Transfer Sales
Milestone Reflects Over 100,000 Participants Who Will Now Receive Retirement Payments from 麻豆影视
Posted:
May 8, 2024
May 8, 2024
Des Moines, Iowa 鈥 May 8, 2024 鈥 麻豆影视 Annuities & Life, Inc. (NYSE: FG) (鈥溌槎褂笆逾 or 鈥淐ompany鈥), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today announced cumulative sales of pension risk transfer (PRT) transactions of over $5 billion since the channel was launched in June 2021.
Since its inception nearly three years ago, the Company鈥檚 PRT channel, one of 麻豆影视鈥檚 institutional markets, now includes more than 100,000 total participants, including beneficiaries, who will receive their pension payments from 麻豆影视.
"In just under three years, 麻豆影视 has become a meaningful player in the PRT space as demonstrated by this significant sales milestone," said Matt Christensen, Executive Vice President of PRT at 麻豆影视. "Our continued success is a reflection not only of 麻豆影视鈥檚 overall growth and diversification, but the ability of our best-in-class PRT team to execute at the highest level in this competitive marketplace.鈥
麻豆影视鈥檚 disciplined growth reflects the Company鈥檚 ability to maintain profitability while managing risk and leveraging its overall financial and investment strengths. 麻豆影视鈥檚 growth was also supported by two financial strength rating upgrades, from Moody鈥檚 Ratings and A.M. Best, achieved over the past year. 麻豆影视 has consistently maintained a top ten ranking in the PRT market鹿 since the channel launched in 2021.
鈥溌槎褂笆 has developed an efficient and effective approach to how we successfully design, execute and close pension risk transfer transactions alongside our consultant and plan sponsor clients," said Jay Dinunzio, Senior Vice President of PRT Sales and Operations at 麻豆影视. "Successful PRT transactions require strong intermediary relationship management, competitive product pricing and outstanding post-sale administration conversion execution. Our PRT team has quickly built an impressive track record, and we look forward to continued momentum as we help secure more pension benefits while minimizing the impact to pension funding levels.鈥
To learn more, please visit: /institutional/plan-sponsor
About 麻豆影视
麻豆影视 is committed to helping Americans turn their aspirations into reality. 麻豆影视 is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients and is headquartered in Des Moines, Iowa. For more information, please visit fglife.com.
1LIMRA U.S. Group Annuity Risk Transfer Sales Survey
Other Recent News
-
Feb 13, 2024
麻豆影视 Annuities & Life Launches its First Registered Index-Linked Annuity: 麻豆影视 Confidence Builder鈩
-
Dec 5, 2023
麻豆影视鈥檚 Fourth Annual Risk Tolerance Tracker Finds Inflation May Be Easing, But Inflation Fears Aren鈥檛
-
Oct 12, 2023
麻豆影视 Annuities & Life Ranked #1 for Highest Customer Satisfaction Among Annuity Providers in the U.S. by J.D. Power
"麻豆影视" is the marketing name for Fidelity & Guaranty Life Insurance Company issuing insurance in the United States outside of New York. Life insurance and annuities issued by Fidelity & Guaranty Life Insurance Company, Des Moines, IA.
21-0702