WebMay 28, 2024 · The acquisition includes Great American Life and its two insurance subsidiaries, Annuity Investors Life Insurance Company and Manhattan National Life Insurance Company, as well as a broker-dealer affiliate, Great American Advisors, Inc., and insurance distributor, AAG Insurance Agency, Inc. WebJun 1, 2024 · With the completion of this acquisition, MassMutual is among the top five individual annuity writers in the U.S. 1. Great American Life will operate as an independent subsidiary of MassMutual led by its current president, Mark Muething, who will report to Mike Fanning, head of MassMutual U.S. Its more than 600 employees will continue to …
MassMutual Completes Acquisition of Great American …
WebMay 28, 2024 · MassMutual Completes Acquisition of Great American Life Insurance Company Business Wire SPRINGFIELD, Mass. -- May 28, 2024 Massachusetts Mutual … WebJan 27, 2024 · MassMutual announced today it entered into an agreement to purchase AFG’s annuities business for cash consideration of approximately $3.5 billion. The transaction is expected to close by second-quarter (2Q21) and will include the acquisition of Great American Life Insurance Company and its life insurance subsidiaries (GALIC). martha stewart eggplant lasagna recipe
MassMutual buys Great American Life Insurance Co. for $3.5B
WebSep 8, 2024 · Empower will acquire the retirement services business of MassMutual for a total transaction value of approximately US$3.35 billion (C$4.4 billion). The value includes a reinsurance ceding commission of US$2.35 billion and US$1.0 billion of required capital to support the business. WebJan 27, 2024 · MassMutual to acquire Great American Life Insurance Company. January 26th, 2024. Cincinnati-based company is top provider of fixed and fixed indexed … WebJan 28, 2024 · MassMutual was the US sales leader in fixed-rate deferred annuities through the first nine months of 2024, with $5.18 billion in sales. This acquisition makes it an instant player in the fixed indexed annuity business as well. Great American sold $1.77 billion worth of FIAs in the first three quarters of 2024, ranking ninth. martha stewart eggnog today show