MetLife mulling sale of US variable annuity book

US insurers have been exiting variable annuities in a bid to escape low-rate trap


Inflation could be good for industry, says Prudential Financial

Insurer's Q4 results hit by $837m charge on Assurance IQ


Prudential Financial under no pressure to shed more annuities

Still too early to forecast LDTI impact, says chief executive Charlie Lowrey


US insurers still behind Europeans on climate scorecard

Insure Our Future identifies major climate and fossil fuel laggards


Prudential Financial offloads $31bn in variable annuities to Fortitude Re

Latest divestment accounts for 17% of the insurer's annuity book


Prudential Financial ready for LDTI in 2023

Insurer continuing to trim variable annuity portfolio as seeks to be less market sensitive


Principal becomes latest US insurer to exit from annuities

Changes come following input from shareholder Elliott Investment Management


Prudential Financial and Zurich seal £6bn longevity swap

The transaction is Prudential Financial's third largest UK longevity risk transfer deal so far


Optimism for large insurers' ability to meet LDTI deadline

US accounting standard less onerous than IFRS 17, says SOA fellow as questions on adoption grow


Prudential Financial cutting annuities to battle low interest rates

Insurer reports full year loss of $374m as company looks to less rate sensitive products