US insurers AIG Life and Retirement and Athene Holdings have each launched annuity products to cater to a growing demand for protection among retirement clients.
AIG has introduced its structured outcome variable annuity ‘Advanced Outcomes Annuity’ issued by American General Life Insurance Company. The annuity targets higher growth than other traditional structured annuities and seeks a level of downside protection, through investment strategies developed with Milliman Financial Risk Management. The Advanced Outcomes Annuity is a new category of structured investing where financial professionals and their clients can ‘own the moment an
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