Plus: Global Atlantic brings another Rila; Limra forecasts FIAs slowdown; Salt Financial unveils best index performers; Milliman finds sharp increases in surrender rates.
Ibexis Life & Annuity Insurance Co has launched its WealthDefender Series with index options of S&P 500, Nasdaq-100 Engle 10% Index and Barclays Tactical Growth Index. Targeting independent marketing organisations (IMOs), the new FIA offers guaranteed participation rates or an enhanced bonus option, as well as features including a bailout rate and full liquidity for disability, nursing home confinement or terminal illness care. Crediting strategies include one or two-year participation