The new volatility-target play, developed in collaboration with Annexus and ICE, has been licensed to North American for a fixed index annuity (FIA) product.
North American Company for Life and Health Insurance (North American) has added the NYSE GEARS Index to its Secure Horizon FIA suite, in collaboration with Annexus, an independent insurance retirement product design company in Scottsdale, Arizona. The NYSE GEARS Index is constructed to provide broad global equity exposure by using global smart beta and global equity diversifier/defensive strategies while targeting an 8% volatility control level. Launched on 29 July 2025, the exc