Athene commits to FIAs and ‘custom indices’ as it dominates annuity sales

May 14, 2024 by John Hilton

Athene Life and Annuity maintains a Secretariat-like lead over the field in annuity sales, but the insurer still sees turbulence within its product mix.

Athene executives met with Wall Street analysts Thursday to pull back the curtain on its first-quarter financial numbers. In 2023, Athene nearly lapped the field with $35.5 billion in annuity sales, with MassMutual ($24.7 billion) and Corebridge Financial ($23.6 billion) rounding out the top three.

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Originally Posted at InsuranceNewsNet on May 9, 2024 by John Hilton.