How Annuity Risks Get Passed to the Bermuda Triangle

June 29, 2022 by Kerry Pechter

Leading private equity-linked fixed indexed annuity (FIA) issuers ceded the risk (the liability) of 95% of their 2021 sales to the balance sheets of affiliated or co-owned reinsurers located mainly in Bermuda.

To assess the role of reinsurance in the today’s annuity industry, RIJ recently obtained and analyzed key pages from the most recent state statutory filings of the ten life insurance companies or financial groups that sold the most fixed indexed annuities (FIAs) in 2021. 

Click HERE to read the full story via RIJ

Originally Posted at Retirement Income Journal on June 23, 2022 by Kerry Pechter.