Athene Annuity & Life Assurance Company Subsidiaries

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Athene Annuity & Life Assurance Company Subsidiaries

Published May 04, 25
3 min read
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In 2025, LIMRA is forecasting FIA sales to go down 5%-10% from the record established in 2024 but remain over $100 billion. RILA sales will note its 11th successive year of record-high sales in 2024.

LIMRA is forecasting 2025 VA sales to be level with 2024 outcomes. After record-high sales in 2023, income annuities thrust by engaging demographics trends and eye-catching payout prices ought to surpass $18 billion in 2024, setting another record. In 2025, reduced rates of interest will compel service providers to drop their payment rates, leading to a 10% cut for revenue annuity sales.

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It will be a mixed overview in 2025 for the general annuity market. While market conditions and demographics are extremely positive for the annuity market, a decrease in rates of interest (which thrust the remarkable development in 2023 and 2024) will undercut fixed annuity items continued growth. For 2024, we anticipate sales to be greater than $430 billion, up in between 10% to 15% over 2023.

The firm is also a hit with agents and clients alike. "They're A+ ranked.

The firm sits atop the most current edition of the J.D. Power Overall Customer Fulfillment Index and boasts a strong NAIC Grievance Index Rating, also. Pros Industry leader in client complete satisfaction More powerful MYGA prices than some various other extremely ranked firms Cons Online product info could be more powerful Much more Insights and Specialists' Takes: "I have never had a disappointment with them, and I do have a number of delighted customers with them," Pangakis said of F&G.

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The firm's Secure MYGA consists of advantages such as cyclists for terminal illness and assisted living home confinement, the capability to pay out the account value as a fatality benefit and rates that surpass 5%. Few annuity business succeed greater than MassMutual for consumers that value monetary strength. The business, established in 1851, holds a respected A++ rating from AM Ideal, making it among the best and strongest firms offered.

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Its Steady Voyage annuity, for instance, offers a traditional way to produce income in retired life matched with manageable abandonment charges and different payout choices. The firm also markets registered index-linked annuities through its MassMutual Ascend subsidiary.

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"Nationwide stands apart," Aamir Chalisa, basic manager at Futurity First Insurance coverage Team, informed Annuity.org. "They have actually got remarkable client service, a very high ranking and have actually been around for a number of years. We see a great deal of customers requesting for that." Annuities can give significant worth to possible customers. Whether you intend to create income in retirement, expand your money without a great deal of risk or benefit from high prices, an annuity can properly accomplish your objectives.

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Annuity.org laid out to determine the leading annuity business in the industry. To achieve this, we developed, evaluated and applied a fact-based approach based upon key market elements. These consist of a company's monetary toughness, accessibility and standing with consumers. We additionally got in touch with multiple sector specialists to obtain their takes on different business.

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