Also, Delaware Life launches accumulation fixed index annuity with Janus Henderson index; Salt Financial research backs intraday mechanism; Security Benefit’s survey brings positive sentiment.
Corebridge Financial has exited the variable annuity (VA) business by entering into an agreement worth US$2.8 billion with CS Life Re, a subsidiary of Venerable Holdings, to reinsure all the VA of its individual retirement business. The Houston-based insurance carrier led by CEO Kevin Hogan ( pictured ) noted that it will continue to offer registered index-linked annuity (Rila) products, a business line launched last October , along with fixed annuities and fixed indexed annuities (FIAs).