/PRNewswire/ Envestnet, Inc. (NYSE: ENV) and FIDx, a product-agnostic platform that connects insurance solutions with wealth management platforms and other.
NAFA Partners with Fellow Industry Leaders for Annuity Awareness Month
Targeted Educational Initiatives Aim to Position Distributors and Producers to Help Increase Annuity Education Nationwide District of Columbia, WA, June 01, 2021 (PR.com) As part of a collaborative effort to help Americans recover from the financial hardships of the ongoing pandemic and create a more secure retirement future, NAFA, the National Association for Fixed Annuities, is leading the charge in bringing National Annuity Awareness Month into the spotlight during the month of June. In addition to hosting and participating in formative educational events for both distributors and annuity professionals, NAFA is engaging with a number of organizations to distribute a toolkit of materials producers can use to help educate consumers nationwide about the features and benefits of annuity products and their role in creating predictable lifetime income.
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American Financial Group, Inc. (NYSE: AFG) announced today that the Ohio Department of Insurance has approved the sale of its Annuity businesses, consisting of Great American Life Insurance Company (GALIC) and its two insurance subsidiaries, Annuity Investors Life Insurance Company and Manhattan National Life Insurance Company, to Massachusetts Mutual Life Insurance Company (MassMutual). The sale is expected to close on May 28, 2021.
AFG expects to receive total after-tax cash sale proceeds of $3.4 billion.
American Financial Group is an insurance holding company, based in Cincinnati, Ohio. Through the operations of Great American Insurance Group, AFG is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses, and in the sale of traditional fixed and fixed-indexed annuities in the retail, financial institutions, broker-dealer, and registered investment advisor markets. On January 27, 2021, AFG anno
National Interstate National Interstate Insurance Co. has promoted Christopher (Chris) E. Mikolay to senior vice president, Specialty Division and Daniel