Also, Hong Kong welcomes more indexed universal life (IUL); Revol One Financial brings new FIA; two insurers partner on distribution; AllianceBernstein adds Pacific Life.

Registered index-linked annuity (Rila) products have set a quarterly record in Q2 2025. Sales were US$19.6 billion, 20% higher year-on-year (YoY), which led to US$37 billion for the first half of the year, according to Limra’s latest U.S. Individual Annuity Sales Survey. ‘Elevated market volatility in the first quarter calmed in the second and by the end of June, the markets registered positive growth,’ said Keith Golembiewski (right) , director of annuity research at Limra.