LOS ANGELES–(BUSINESS WIRE)–
Post Advisory Group (“Post”) announced today that it has entered into a definitive agreement with Nexus Capital Management (“Nexus”) and Aranda Principal Strategies (“APS”), a wholly-owned subsidiary of Temasek, under which, Nexus and APS will each acquire a minority ownership stake in Post alongside Post’s senior management team. As part of the transaction, Principal Asset Management® and Nippon Life Insurance Company (“Nippon Life”), will exit their ownership positions.
Under the terms of the transaction, senior Post professionals will roll their existing equity stakes and invest additional capital, resulting in significant employee equity ownership and providing strong alignment between Post’s equity owners and its clients.
In connection with the transaction, Nexus and APS will make substantial investments in Post to further enhance its strong investment capabilities and grow its platform. Specifically, these initiatives are expected to include significant capital commitments to Post’s CLO platform to support continued growth of the strategy, partnering on new product initiatives that build on the firm’s areas of competitive advantage and meet clients’ needs across markets, and reinvesting a significant percentage of Post’s earnings back into the capabilities underpinning its existing strategies and vehicles.
Post, including all employees in their current roles, will continue to operate as an independent investment firm, with no impact on its day-to-day operations, investment process, or clients. Nexus and APS executives will not be involved in the regular operations of Post. Post will also continue in its role as an investment manager for Principal Asset Management and Nippon Life across several strategies.
“This transition marks an exciting new chapter for Post,” said Jeffrey Stroll, Chief Executive Officer and Co-Chief Investment Officer, Post Advisory Group. “Our entire team will be staying in place to ensure consistency in our investment approach and our dedication to delivering strong results for our clients. The new ownership structure, combined with the capital commitments from Nexus and APS, gives us additional resources to develop new capabilities, further enhance our platform, and expand partnerships with global investors seeking credit-related investment solutions that deliver attractive outcomes.”
“We are thrilled to partner with APS and Jeff and the Post team, who we have long known and respected, and invest in a firm with top-tier, broad-based credit investing capability,” said Damian Giangiacomo, Managing Partner, Nexus Capital Management. “Post’s stellar reputation, 30+ year track record serving blue-chip institutional clients around the world and strong, long-tenured, senior investment team make this a compelling opportunity. We look forward to working with APS to support Jeff and his colleagues in Post’s next phase of growth.”
“We are delighted to expand our relationship with Nexus and Post through this transaction, and we are excited about the opportunity to grow the breadth and depth of Post’s offerings that seek to deliver best-in-class investment solutions for clients seeking attractive, consistent income with robust downside protection,” said Nicolas Debetencourt, Chief Executive Officer, Aranda Principal Strategies.
The transaction is expected to be completed in 2025, subject to customary approvals and consents. Nexus’ investment will not utilize any capital from the funds the firm advises on behalf of external investors. Financial terms of the transaction were not disclosed.
About Post Advisory Group
Founded in 1992 and based in Los Angeles, Post Advisory Group is a leading multi-strategy, value-oriented asset manager specializing in high yield bonds, senior loans, and structured credit. Post manages approximately $15 billion of assets on behalf of institutional investors around the world, including corporate and government pension funds, insurance companies, sovereign wealth funds, foundations, and endowments, as well as high-net-worth individuals.
About Nexus Capital Management
Founded in 2013, Nexus is an alternative asset investment management company based in Los Angeles, California with approximately $5 billion of assets under management. Nexus employs a flexible investment mandate that focuses on long-term value creation by partnering with leading management teams in a broad range of companies and industries.
About Aranda Principal Strategies
Aranda Principal Strategies is a credit and hybrid solutions platform based in New York with offices in London and Singapore. Established in 2024, it is a wholly owned subsidiary of Temasek, a global investment company headquartered in Singapore.
SINGAPORE–(BUSINESS WIRE)– AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Allianz Ayudhya General Insurance Public Company Limited (AAGI) (Thailand). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect AAGI’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. In addition, AAGI benefits from rating enhancement from Allianz SE (Allianz group).
AAGI’s balance sheet strength assessment is assessed as strong, supported by its very strong level of risk-adjusted capitalisation at year-end 2024, as measured by Best’s Capital Adequacy Ratio (BCAR). AAGI’s risk-adjusted capitalisation remains sensitive to the company’s ultimate capital distribution levels and earnings retention; however, it is expected to remain at least at the strong level over the medium term. The company benefits from strong financial flexibility with access to capital markets through its listed parent holding company, Allianz Ayudhya Capital Public Company Limited [SET: AYUD]. AM Best views the company’s investment strategy as conservative, with the majority of its investments allocated to cash, deposits and high-quality bonds. The company has a moderate reliance on reinsurance to support its underwriting capacity and manage its exposure to catastrophic events. However, this risk is partially mitigated by the high credit quality of the reinsurance panel.
AAGI’s operating performance is assessed as adequate, with a return-on-equity ratio of 2.6% in 2024 (2023: 8.2%). In 2024, AAGI reported a combined ratio of 101.1%, compared with 96.7% in 2023, primarily due to flood losses in northern Thailand and higher claims levels from its health insurance segment. However, this was partially mitigated by an improved loss experience in motor insurance, resulting from remedial actions taken by the company. AAGI’s operating performance remained profitable in the first half of 2025, despite some impact from the Thailand earthquake in March 2025. The company’s stable investment income, which is comprised of mainly interest income, continues to support overall profitability. Prospectively, AM Best anticipates that AAGI will sustain an adequate operating performance level, supported by its growth strategy while maintaining prudent underwriting and pricing discipline.
AM Best assesses AAGI’s business profile as limited. AAGI is a non-life insurer operating in Thailand and ranks as the ninth largest general insurer, with a market share of 3.7%, based on direct premiums written in 2024. The company’s underwriting portfolio is well-diversified by line of business and distribution channels. However, it has limited geographic diversification as it only offers its products in Thailand. The amalgamation with Aetna Health Insurance (Thailand) Public Company Limited in 2023 provided AAGI with scale and diversification, allowing it to expand its presence in the Thai health insurance market. The company is projected to generate robust premium growth over the medium term, primarily driven by the strengthening of its distribution channels and focusing on the development of its health and commercial products.
The rating enhancement from Allianz SE reflects the explicit and implicit support it receives from the group. AAGI receives explicit support in the form of reinsurance from the Allianz group. In addition, the company benefits from implicit support in areas such as corporate governance and investment management services, as well as access to shared resources and services across various business functions. Although AAGI’s operations account for a small portion of the group’s consolidated revenue, the company is considered strategically important to the group’s expansion strategy.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.
AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
Expansion aims to meet growing client demand in the North Hills of Pittsburgh
PITTSBURGH–(BUSINESS WIRE)–
JKS Financial, a leading financial services and wealth management firm, announces the opening of its new office location in Sewickley, PA. This expansion reflects JKS Financial’s continued growth and its commitment to delivering personalized, high-quality financial planning and wealth management services to clients across the Pittsburgh region. The new office, located at 2591 Wexford Bayne Rd, Suite 402, will provide a convenient location for clients in communities north of the city of Pittsburgh.
“Our clients are the heart of everything we do, and we’re committed to making their experience with us as seamless and convenient as possible,” said Geoff Kasse, wealth management advisor and managing partner at JKS Financial. “By opening this new Sewickley office, we can be closer to many of the families, individuals, and companies we serve, making it easier to meet face-to-face, build stronger relationships, and continue providing the personalized guidance they’ve come to expect from us.”
JKS Financial’s Sewickley location will offer a full range of services, including comprehensive financial planning, investment management, and retirement planning. The team will continue to provide the personalized long-term financial planning, and guidance that have made JKS Financial a trusted partner to clients for decades.
“In today’s dynamic financial landscape, from equities to fixed-income investments, we craft strategies that balance growth potential and risk tolerance,” said Dan Jenkins, wealth management advisor and managing partner at JKS Financial. “With our new office, we look forward to bringing our expertise in asset allocation, wealth building, and retirement distribution strategies to an even broader community.”
The new office will officially open on September 2, with client appointments available shortly thereafter. To see what JKS Financial can do for you, visit JKS-Financial.NM.com.
About JKS Financial
JKS Financial is a Pittsburgh, PA-based financial planning practice. Geoff Kasse and Dan Jenkins have more than 55 years of combined experience and offer wealth accumulation, insurance and risk management, wealth preservation, and wealth distribution services. JKS Financial’s mission is to provide sound financial planning for all aspects of your wealth management needs. For more information, visit JKS-Financial.NM.com.
About Northwestern Mutual
Northwestern Mutual has been helping people and businesses achieve financial security for more than 165 years. Through a comprehensive planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what’s most important. With nearly $700 billion of total assets[i] being managed across the company’s institutional portfolio as well as retail investment client portfolios, more than $38 billion in revenues, nearly $2.4 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than five million people with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. Northwestern Mutual ranked 110 on the 2024 FORTUNE® 500 and was recognized by FORTUNE as one of the “World’s Most Admired” life insurance companies in 2025.
Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (investment brokerage services), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (investment advisory and services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance). Not all Northwestern Mutual representatives are advisors. Only those representatives with “Advisor” in their title or who otherwise disclose their status as an advisor of NMWMC are credentialed as NMWMC representatives to provide investment advisory services.
Geoffrey P Kasse and Daniel Keith Jenkins use JKS Financial as a marketing name for doing business as representatives of Northwestern Mutual. JKS Financial is not a registered investment advisor, broker-dealer, insurance agency or federal savings bank.
Note to editors: For more information, news, and perspectives from JKS Financial, journalists and analysts may call 412.561.5153. Weblinks, telephone numbers, and titles were correct at the time of publication.
PITTSBURGH, Aug. 25, 2025 (GLOBE NEWSWIRE) — Farmers New World Life Insurance Company (“Farmers”), recently announced a cybersecurity incident, which impacted the personal information of tens of thousands of individuals. The information potentially impacted in the data breach includes names, addresses, dates of birth, driver’s license numbers, partial Social Security numbers, and other personally identifiable information (“PII”).
Lynch Carpenter, LLP is investigating claims against Farmers related to this data breach. If you received a data breach notification from Farmers, you may be entitled to compensation. Please fill out this form so that an attorney can review your case.
About Lynch Carpenter
Lynch Carpenter is a national class action law firm with offices in Pennsylvania, California, and Illinois. Our firm has represented millions of clients in data privacy matters for more than a decade and has earned national acclaim for complex litigation for plaintiffs across the country. To learn more, please visit www.lynchcarpenter.com.
For more information, please call Jerry Wells at (412) 322-9243, or email him at jerry@lcllp.com.
The suite of term life products, now available to a broader audience, includes affordable and flexible insurance options to better meet diverse budget and long-term financial planning needs.
NEWARK, N.J.–(BUSINESS WIRE)–
Prudential Financial, Inc. (NYSE: PRU) announces the expansion of its EssentialTerm Suite for policies of $250,000 face amount and above, offering more consumers greater choice to match their individual needs and budgets. Designed with the flexibility to transition to permanent coverage for long-term financial security, the suite of solutions helps customers protect what matters most now and as their needs change.
Prudential’s EssentialTerm Suite features two enhanced term life solutions issued by Pruco Life Insurance Company. EssentialTerm Value® is Prudential’s most cost-effective option for consumers seeking temporary protection with the option to convert to a permanent policy as financial goals evolve. By converting to a permanent policy, consumers can benefit from lifelong coverage and additional benefits like cash-value growth. EssentialTerm Plus® offers a more robust conversion option for consumers who are focused on their long-term financial planning goals.
“At Prudential, we recognize the important role life insurance plays in safeguarding your life’s work, not only as death protection but for long-term planning,” says Rob Schaffer, Prudential’s head of Product Design and Innovation, Individual Life Insurance. “The EssentialTerm Suite bridges short-term needs with opportunities for lasting value, empowering policyholders to convert to permanent life insurance as their lives evolve.”
Key features of the EssentialTerm Suite include:
Flexible Term Options: A choice of 10-, 15-, 20- or 30-year term durations, with guaranteed consistent premium payments throughout the selected term.
Conversion to Permanent Policies: The ability to convert to one of Prudential’s permanent life insurance policies, maintaining the same health underwriting classification. Additionally, a conversion credit is available within the first seven years to help reduce premiums during the transition.
Terminal Illness Rider: Automatically included, the rider allows access to a portion of the death benefit if the policyholder becomes terminally ill.
Optional Riders: Customers can enhance the policy with additional riders, such as the waiver of premium in the event of disability, an accidental death benefit and convertible life insurance for a child.
The EssentialTerm Suite is designed with a quick and straightforward approval process, featuring online interviews that take approximately 20 minutes. It also qualifies for PruFast Track, Prudential’s accelerated underwriting process, which eliminates the need for medical exams and lab work. Additionally, applications can be seamlessly tracked and managed through Prudential’s new Life Case Tracker.
The EssentialTerm Suite joins Prudential’s comprehensive portfolio of term and permanent life solutions, including universal life, indexed universal life, indexed variable universal life and variable universal life insurance. “We’re expanding and enhancing our product portfolio to meet a wide range of life insurance needs, providing more protection and flexibility as financial needs change. We’re committed to helping our customers build financial security and unlock financial opportunities,” adds Schaffer.
Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.6 trillion in assets under management as of June 30, 2025, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential’s iconic Rock symbol has stood for strength, stability, expertise, and innovation for 150 years. For more information, please visit news.prudential.com.
EssentialTerm Value® and Essential Term Plus® are issued by Pruco Life Insurance Company located in Newark, NJ. Subject to state availability. (ICC24-ETV, ETV-2024; ICC24-ETP, ETP-2024).
ST. PAUL, Minn.–(BUSINESS WIRE)–
Securian Financial has entered the individual annuity market’s fastest-growing segment with the launch of AccumuLink Advance, a registered index-linked annuity (RILA).
Issued by Minnesota Life Insurance Company, AccumuLink Advance gives financial professionals a new, competitive choice for building retirement portfolios through a combination of downside protection and upside potential strategies. This allows for balancing risk and potential returns and the ability to adjust that balance over time.
“We are excited to enter the RILA market with a product we’re proud of and believe will be appealing to financial professionals and consumers alike,” said Andrea Piepho, Securian Financial second vice president of life and annuity product development. “Our RILA includes unique, competitive features that make it stand out from competitors.”
Financial professionals interested in learning more about AccumuLink Advance can call the Securian Financial annuity sales team at 1-866-335-7355.
FOR USE IN ALL STATES AND THE DISTRICT OF COLUMBIA EXCEPT NC, NY AND OR.
ABOUT SECURIAN FINANCIAL
To be confident in your financial future, you need to trust the strength and commitment of the companies you choose to work with. For more than 140 years, the Securian Financial family of companies has been developing innovative insurance and retirement solutions to meet the evolving needs of individuals, families and businesses. Offered through partnerships with employers, financial professionals and affinity groups, our products help bring peace of mind to more than 23 million customers throughout the United States and Canada. We are trusted by our partners and customers to fulfill our purpose of helping to build secure tomorrows. For more information about Securian Financial, visit securian.com or follow us on Facebook, Instagram or LinkedIn.
An annuity is intended to be a long-term, tax-deferred retirement vehicle. Earnings are taxable as ordinary income when distributed, and if withdrawn before age 59½, may be subject to a 10 percent federal tax penalty. If the annuity will fund an IRA or other tax qualified plan, the tax deferral feature offers no additional value. Qualified distributions from a Roth IRA are generally excluded from gross income, but taxes and penalties may apply to non-qualified distributions. Please consult a tax advisor for specific information. There are charges and expenses associated with annuities, such as surrender charges (deferred sales charges) for early withdrawals.
Registered index-linked annuities are subject to ongoing fluctuations in value, and it is possible to lose a significant amount of principal due to negative index performance or a negative interim value adjustment.
Indexed accounts have a daily interim value adjustment that may be negative or positive and causes an indexed account’s value to fluctuate daily. The interim value adjustment may be negative, even if the underlying index performance is positive. A negative interim value adjustment may result in losses to your initial investment and previous index credits earned.
This is a general communication for informational and educational purposes. The information is not designed, or intended, to be applicable to any person’s individual circumstances. It should not be considered investment advice, nor does it constitute a recommendation that anyone engage in (or refrain from) a particular course of action. If you are seeking investment advice or recommendations, please contact your financial professional.
A purpose of the method of marketing is solicitation of insurance and that contact will be made by an insurance agent or agency.
This material must be preceded or accompanied by the current AccumuLink Advance(TM) product prospectus. The current contract prospectus can be located at securian.com. Refer to the prospectus and product materials for important information and disclosures concerning the product, charges and fees, account options, and indexes. You should carefully consider the investment objectives and risks of the registered index linked annuity before investing.
Insurance products are issued by Minnesota Life Insurance Company or Securian Life Insurance Company, a New York authorized insurer. Both companies are headquartered in St. Paul, MN. Product availability and features may vary by state. Each insurer is solely responsible for the financial obligations under the policies or contracts it issues. Securities are distributed by Securian Financial Services, Inc. Member FINRA. 400 Robert Street North, St. Paul, MN 55101-2098.
Policy form numbers: 24-72796 Rev 10-2024, ICC24-72796, 24-72797 Rev 2010, ICC24- 72797, 24-72799.04, 24-72800.04, 24-72801.04, 24-72804.04, 24-72805 Rev 10-2024, ICC24-72805, 24-727806, ICC24-72806, 24-72808, ICC24-72808, 25-72882, ICC25-72882, 25-72883, ICC25-72883, 25-72884, ICC25-72884, 25-72885, ICC25-72885, 25-72886, ICC25-72886 and any state variations.
Securian Financial is the marketing name for Securian Financial Group, Inc., and its subsidiaries. Minnesota Life Insurance Company and Securian Life Insurance Company are subsidiaries of Securian Financial Group, Inc.
Not a deposit — Not FDIC/NCUA insured — Not insured by any federal government agency — Not guaranteed by any bank or credit union — May go down in value
The following information was released by the National Association of Insurance Commissioners (NAIC):
Last week, during the National Association of Insurance Commissioners’ (NAIC) Summer National Meeting in Minneapolis, Minn., NAIC members voted to adopt three proposals that will further protect consumers by helping guarantee insurers have the resources to pay policyholders’ claims. This action comes after the NAIC Life Insurance and Annuities (A) Committee passed the proposals in July.
“One of our most important responsibilities as state insurance regulators is ensuring companies are responsible financial stewards and have the resources to keep their obligations to policyholders. These initiatives will increase the information available to regulators and companies to help each make the best decisions in an evolving landscape and marketplace. I want to thank all the regulators who developed and advanced each of these products for their outstanding work,” said Ohio Department of Insurance Director and NAIC Life Insurance and Annuities (A) Committee Chair Judith L. French.
NAIC members adopted:
A new Generator of Economic Scenarios (GOES), which is designed to capture both the low-interest-rate environment of the last decade and the rate increases seen in the past few years. The updated generator will be used in life insurers’ calculations of principle-based reserves and capital needed to pay future claims.
Principle-based reserving requirements for non-variable (i.e., fixed) annuities, which have become popular under the higher interest rates of the past few years. This approach is designed to more accurately capture risk across a broad array of non-variable annuity products while promoting sound risk management practices at life insurance organizations.
Actuarial Guideline 55, which requires additional disclosures on certain reinsurance contracts to ensure life insurance companies still have adequate reserves after transferring risk to a reinsurer. This new requirement is especially important given life insurers’ increased use of reinsurance as they seek more capital to support rising sales of fixed annuities.
Features include 30% Guaranteed1 Withdrawal Balance (GWB) Premium Bonus
LANSING, Mich.–(BUSINESS WIRE)– Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.2 (NYSE: JXN), today launched Jackson Income Assurance℠ and Jackson Income Assurance℠ Advisory, fixed index annuities (FIAs) with an embedded guaranteed minimum withdrawal benefit (GMWB)3. The new products provide protected lifetime income4 with additional opportunities for guaranteed withdrawal balance (GWB) growth. Jackson Income Assurance (commission-based) and Jackson Income Assurance Advisory (fee-based) each offer 7- and 10-year options, giving consumers choices based on their individual needs and retirement timeline.
“Jackson is committed to delivering innovative products that address the evolving needs of today’s consumers, including increasing demand for guaranteed income and protected growth,” said Alison Reed, Chief Product Development and Strategy Execution Officer. “The launch of the Jackson Income Assurance℠ Suite further expands the spectrum of our product offerings—ensuring we can support a wide range of retirement planning goals and help more individuals achieve financial security with confidence.”
Jackson Income Assurance Suite features include the following:
Embedded GMWB: The GMWB provides protected lifetime income with additional opportunities for GWB growth through deferral and step-ups5. An 8% annual roll-up is credited daily (for a maximum of 10 years). Partial withdrawals during the deferral period can be made without sacrificing the roll-up as the GWB is proportionately reduced for withdrawals prior to the activation date. There is no deferral requirement to begin taking the guaranteed annual withdrawal amount (GAWA).
GWB Premium Bonus: The 30% GWB premium bonus is immediately applied to the GWB on initial and additional premium6 received in the first year.
Multiple Crediting Methods Based on S&P 500 Index Returns:
Cap7: Index return up to a stated cap rate if the index return is positive.
Performance Trigger8: Provides a stated performance trigger rate if the index return is flat or positive.
Free Withdrawal Amount: During the first contract year, 10% of initial and subsequent premiums paid may be taken free of withdrawal charges and market value adjustment (MVA). In subsequent years, 10% of accumulation value determined at the beginning of the contract year may be taken free of withdrawal charges and MVA.
Advisory Friendly: Taking the advisory fee from the contract does not negatively impact the living benefit in any way. Advisory fees also do not result in a reduction of premium for the calculation of the death benefit, nor does it count toward the free withdrawal amount.
“Our Jackson Income Assurance Suite was designed with simplicity in mind and features several differentiating factors that position us well for growth in the fixed index annuity space,” said Brian Sward, EVP, Head of Product Solutions. “By introducing an advisory friendly version of our FIA, financial professionals can take the fee from the contract without a negative impact to the income benefit. This allows us to expand access to registered investment advisors who are increasingly utilizing annuities as part of their clients’ retirement plans by accounting for their unique needs and how they do business.”
Financial professionals who would like to learn more about Jackson’s recent product enhancements can contact the company at 1-800-711-7397, connect with their local wholesaler or visit http://www.jackson.com/financial-professional.
ABOUT JACKSON
Jackson® (NYSE: JXN) is committed to helping clarify the complexity of retirement planning—for financial professionals and their clients. Through our range of annuity products, financial know-how, history of award-winning service* and streamlined experiences, we strive to reduce the confusion that complicates retirement planning. We take a balanced, long-term approach to responsibly serving all our stakeholders, including customers, shareholders, distribution partners, employees, regulators and community partners. We believe by providing clarity for all today, we can help drive better outcomes for tomorrow. For more information, visit www.jackson.com.
*SQM (Service Quality Measurement Group) Call Center Awards Program for 2004 and 2006-2024. (Criteria used for Call Center World Class FCR Certification is 80% or higher of customers getting their contact resolved on the first call to the call center (FCR) for 3 consecutive months or more.)
Jackson® is the marketing name for Jackson Financial Inc. and Jackson National Life Insurance Company®.
SAFE HARBOR STATEMENT
The information in this press release contains forward-looking statements about future events and circumstances and their effects upon revenues, expenses and business opportunities. Generally speaking, any statement in this release not based upon historical fact is a forward-looking statement. Forward-looking statements can also be identified by the use of forward-looking or conditional words, such as “could,” “should,” “can,” “continue,” “estimate,” “forecast,” “intend,” “look,” “may,” “will,” “expect,” “believe,” “anticipate,” “plan,” “predict,” “remain,” “future,” “confident” and “commit” or similar expressions. In particular, statements regarding plans, strategies, prospects, targets and expectations regarding the business and industry are forward-looking statements. They reflect expectations, are not guarantees of performance and speak only as of the dates the statements are made. We caution investors that these forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially from those projected, expressed, or implied. Factors that could cause actual results to differ materially from those in the forward-looking statements include those reflected in the Company’s reports filed with the U.S. Securities and Exchange Commission. Except as required by law, Jackson Financial Inc. does not undertake to update such forward-looking statements. You should not rely unduly on forward-looking statements.
Jackson, its distributors, and their respective representatives do not provide tax, accounting, or legal advice. Any tax statements contained herein were not intended or written to be used and cannot be used for the purpose of avoiding U.S. federal, state, or local tax penalties. Tax laws are complicated and subject to change. Tax results may depend on each taxpayer’s individual set of facts and circumstances. You should rely on your own independent advisors as to any tax, accounting, or legal statements made herein.
A Jackson Income Assurance fixed index annuity is a long-term, tax-deferred vehicle designed for retirement that combines the protection of a fixed annuity with the potential for additional interest that is linked to the return of an index. Earnings are taxable as ordinary income when distributed and may be subject to a 10% additional tax if withdrawn before age 59 ½. The embedded living benefit is included for an extra charge and may be subject to conditions and limitations. There is no guarantee that an annuity with a living benefit will provide sufficient supplemental retirement income.
The S&P 500 Index is a product of S&P Dow Jones Indices LLC (“SPDJI”) and has been licensed for use by Jackson National Life Insurance Company® (“Jackson”). Standard & Poor’s®, S&P® and S&P 500®are registered trademarks of Standard & Poor’s Financial Services LLC (‘S&P’); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by S&P DJA and sublicensed for certain purposes by Jackson®. Jackson fixed index annuities are not sponsored, endorsed, sold or promoted by S&P DJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 index.
All indexes are unmanaged and not available for direct investment. The payment of dividends is not reflected in the index return.
Fixed index annuities are also referred to as fixed annuities with index-linked interest in the contract.
Fixed index annuities are not available in New York.
Fixed index annuities (contract form numbers FIA280, ICC25 FIA280, FIA280-CB1, ICC25 FIA280-CB1, FIA285, ICC25 FIA285, FIA285-FB1, ICC25 FIA285-FB1) are issued by Jackson National Life Insurance Company (Home Office: Lansing, Michigan) and distributed by Jackson National Life Distributors LLC. These products are fixed annuities that do not participate in any stock or equity investments and have limitations and restrictions, including withdrawal charges and/or market value adjustment (may not be applicable in all states). During the withdrawal charge and/or market value adjustment period the annuity’s cash withdrawal value may be less than the initial premium. Additional premium is permitted in the first contract year. Premium payments are flexible in the first contract year only, subject to contract minimums and maximums. Subsequent premiums will remain in a fixed account until the first contract anniversary. No premium payments will be accepted after the first contract anniversary.
The design of these annuity Contracts emphasizes the protection of credited interest rather than the maximization of interest rate crediting. Jackson issues other annuities with similar features, benefits, limitations, minimum Caps/Rates, and charges. Similar products with different features, limitations, and with either higher or lower Caps/Rates, may be available through other broker/dealers. Contact Jackson for more information. Fixed index annuities may not be suitable for everyone.
Products and features may be limited by state availability, and/or your selling firm’s policies and regulatory requirements (including standard of conduct rules).
1 Guarantees are backed by the claims-paying ability of Jackson National Life Insurance Company. They are not backed by the broker/dealer from which this annuity contract is purchased, by the insurance agency from which this annuity contract is purchased or any affiliates of those entities, and none makes any representations or guarantees regarding the claims-paying ability of Jackson National Life Insurance Company.
2 Jackson National Life Insurance Company is a wholly owned subsidiary of Jackson Financial Inc. Jackson Financial Inc. is a publicly traded company.
3 The total annual charges are based off the guaranteed withdrawal balance (GWB) and deducted from the accumulation value on an annual basis after interest is credited, on the contract anniversary. Jackson reserves the right to increase the charge on each fifth contract anniversary up to 0.40%, subject to a minimum annual charge of 3.00%. If the charge percentage is increased, a notice will be sent prior to the contract anniversary.
4 The for life guarantee becomes effective on the issue date of the contract.
5 Step ups take place annually if the contract value is higher than the GWB on the anniversary
6 Additional premium is limited to 20% of the premium amount on the issue date or $25,000 (whichever is greater) and is only permitted in the first contract year.
7 The cap rate is the stated maximum amount of potential gain, if the index return is positive, that could be credited for the selected term
8 Performance trigger is a stated rate of return, which may be greater than or less than the actual return of the index, that will be credited to the contract as long as the index return is not negative over the selected term
OLDWICK, N.J.–(BUSINESS WIRE)– AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Leaders Life Insurance Company (Leader Life) (Tulsa, OK). The outlook assigned to these Credit Ratings (ratings) is stable.
The ratings reflect Leaders Life’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
The ratings have been removed from under review with developing implications as AM Best has completed its analysis and assessment of Leaders Life’s post-acquisition details and business plans. The acquisition of Leaders Life by TPH Insurance Hold Co LP and its affiliates (Truss Peak) closed on May 1, 2025. Following the acquisition, Truss Peak made a $6 million capital contribution to Leaders Life on July 1, 2025, which will be reflected in the company’s third quarter statutory financial statements. The capital contribution was done to bolster the capitalization of the company and support future growth in its operations.
AM Best assesses Leaders Life’s risk-adjusted capitalization at the strongest level, as measured by Best’s Capital Adequacy Ratio (BCAR). As part of the acquisition, Leaders Life recaptured approximately $5 million of premium that was previously reinsured out of the company. As a result, the operating performance of Leaders Life improved in the second quarter of 2025, starting with the close of the acquisition.
Leaders Life has a limited market position writing primarily individual life insurance sold via worksites and issued individually. The company has a creditworthy product mix, with a large focus on term life insurance. Leaders Life writes business in 15 states and is in the process of expanding its geographic footprint by pursuing additional state licenses to allow for future growth and cross-selling opportunities. The company also plans to add new products to its current offerings to provide additional coverage options to clientele and support further risk diversification.
This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
NEW YORK–(BUSINESS WIRE)–
KBRA assigns preliminary ratings to four classes of notes issued by Gracie Point International Funding 2025-1, LLC, Series 2025-1.
Gracie Point, formed in February 2010, is in the business of financing life insurance policy premium payments. Gracie Point’s clients are high net worth individuals, procuring or having procured life insurance for estate planning or business purposes.
This transaction is secured by a special unit of beneficial ownership interest (SUBI) of Gracie Point Collateral Trust (the Collateral Trust). The Collateral Trust holds participations in premium finance loans and a portion or all of the beneficial interest in certain participations held by the Collateral Trust will be allocated to the SUBI held by the Issuer. Each Premium Finance Lender is a wholly-owned subsidiary of Gracie Point. Each Premium Finance Loan will be at least 100% collateralized by a combination of (i) the life insurance policy issued by an eligible life insurance carrier (each, an Eligible Life Insurance Company) having a minimum CSV, (ii) cash, if needed and (iii) a letter of credit from an eligible letter of credit provider, if needed. Each Borrower of a Premium Finance Loan is required to reserve one collection period of accrued and unpaid interest on such Premium Finance Loan.
To access ratings and relevant documents, click here.
Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above.
A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here.
Information on the meaning of each rating category can be located here.
Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com.
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Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan’s Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S.
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