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    • Aspida Aims to Enter the Annuity Arena in 2022

    July 27, 2021 by Allison Bell

    Aspida Holdings says it expects to begin selling annuities and other products starting in 2022.

    The Durham, North Carolina-based company announced the acquisition of Global Bankers Insurance Group LLC earlier this month.

    The company acquired F&G Reinsurance Ltd. from Fidelity National Financial in December 2020 and changed the name of that company to Aspida Re.

    It says it now has about 100 employees, $2.3 in assets, and a deal for a “U.S. life insurance company that is broadly licensed nationwide” in the pipeline.

    Click HERE to read the full story via ThinkAdvisor

    Originally Posted at ThinkAdvisor on July 26, 2021 by Allison Bell.

    Categories: Industry Articles
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