Global Atlantic, Dropping Indexed Life, to Lay off 38 in Des Moines

June 13, 2023 by Cyril Tuohy

Global Atlantic had a 1.22% share of the $2.73 billion indexed life market at the end of last year, according to Wink’s Sales & Market Report. National Life Group and Transamerica dominate sales.

Sheryl Moore, CEO of Wink, which is also based in Des Moines, expressed regret at the news of the layoffs. “No doubt some of my old coworkers and friends are among them.”

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Originally Posted at Life Annuity Specialist on June 9, 2023 by Cyril Tuohy.