An annuity contract is a written agreement between an insurance company and a customer outlining each party's obligations in an annuity agreement.

Annuities are contracts that offer steady income and are commonly used in retirement planning. However, no two retirees have identical needs, and many may require customized annuities to meet their ...

Chariot Reinsurance (Chariot Re), a newly established Bermuda-based Class E life and annuity reinsurance company, has ...

Compare fixed, variable, indexed, and immediate annuities. Understand which type fits your retirement planning strategy best.

Chariot Reinsurance (Chariot Re), the Bermuda-based life and annuity reinsurance sidecar company launched by MetLife, Inc. in ...

But if you’re looking for a legal way to delay some of those RMD headaches, a qualified longevity annuity contract, or QLAC, ...

Generally, annuity contracts have fees and expenses, limitations, exclusions, holding periods, termination provisions, and terms for keeping the annuity in force.

Annuities can help provide critical retirement income, but some are safer than others if there's a market downturn.

Kevin Hogan, President and Chief Executive Officer of Corebridge, said, "This is a transformative transaction that repositions the company by exiting Individual Retirement variable annuities. This ...

The company will buy annuity contracts from BMO Life Assurance to help transfer about 210 million Canadian dollars ($150.9 million) of its defined benefit pension plan for certain retirees and ...

Chariot Re, an independent Bermuda-based Class E life and annuity reinsurance firm launched with Co-Sponsorship by MetLife ...