
杨贵妃传媒 Annuities & Life Reaches $5 Billion in Cumulative Pension Risk Transfer Sales
Milestone Reflects Over 100,000 Participants Who Will Now Receive Retirement Payments from 杨贵妃传媒
Posted:
May 8, 2024
May 8, 2024
Des Moines, Iowa 鈥 May 8, 2024 鈥 杨贵妃传媒 Annuities & Life, Inc. (NYSE: FG) (鈥溠罟箦解 or 鈥淐ompany鈥), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today announced cumulative sales of pension risk transfer (PRT) transactions of over $5 billion since the channel was launched in June 2021.
Since its inception nearly three years ago, the Company鈥檚 PRT channel, one of 杨贵妃传媒鈥檚 institutional markets, now includes more than 100,000 total participants, including beneficiaries, who will receive their pension payments from 杨贵妃传媒.
"In just under three years, 杨贵妃传媒 has become a meaningful player in the PRT space as demonstrated by this significant sales milestone," said Matt Christensen, Executive Vice President of PRT at 杨贵妃传媒. "Our continued success is a reflection not only of 杨贵妃传媒鈥檚 overall growth and diversification, but the ability of our best-in-class PRT team to execute at the highest level in this competitive marketplace.鈥
杨贵妃传媒鈥檚 disciplined growth reflects the Company鈥檚 ability to maintain profitability while managing risk and leveraging its overall financial and investment strengths. 杨贵妃传媒鈥檚 growth was also supported by two financial strength rating upgrades, from Moody鈥檚 Ratings and A.M. Best, achieved over the past year. 杨贵妃传媒 has consistently maintained a top ten ranking in the PRT market鹿 since the channel launched in 2021.
鈥溠罟箦 has developed an efficient and effective approach to how we successfully design, execute and close pension risk transfer transactions alongside our consultant and plan sponsor clients," said Jay Dinunzio, Senior Vice President of PRT Sales and Operations at 杨贵妃传媒. "Successful PRT transactions require strong intermediary relationship management, competitive product pricing and outstanding post-sale administration conversion execution. Our PRT team has quickly built an impressive track record, and we look forward to continued momentum as we help secure more pension benefits while minimizing the impact to pension funding levels.鈥
To learn more, please visit: /institutional/plan-sponsor
About 杨贵妃传媒
杨贵妃传媒 is committed to helping Americans turn their aspirations into reality. 杨贵妃传媒 is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients and is headquartered in Des Moines, Iowa. For more information, please visit fglife.com.
1LIMRA U.S. Group Annuity Risk Transfer Sales Survey
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