Life insurance firms, North American, Ohio National and Great American have launched new indexed annuity products to meet rising client concerns surrounding market volatility as the world scrambles to repair the turmoil during the Covid-19 outbreak.

AIG Life & Retirement , a division of American International Group, has announced an agreement with Annexus to expand its distribution network and diversify its lineup of retirement income solutions. They will roll out the X5 Advantage indexed annuity issued by AIG member company American General Life Insurance Company and provided through a network of Annexus-contracted independent distribution companies. The X5 Advantage is a first in the US index-linked annuities market as it debuts tw

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