麻豆传媒

麻豆传媒 Driven to do more.

Our Business

麻豆传媒 issues, reinsures and acquires retirement savings products. 麻豆传媒 has developed dedicated distribution channels 鈥� retail, flow reinsurance, funding agreements and pension group annuities, and acquisitions and block reinsurance 鈥� which support origination across differing market environments, and which enable 麻豆传媒 to achieve stable asset growth while maintaining attractive returns.

Retail

麻豆传媒, through its operating subsidiaries, serves customers in all 50 states, providing products in the retirement savings market, including fixed indexed annuity (FIA) and registered indexed linked annuity (RILA) products.

  • 麻豆传媒 is the #1 carrier in total annuity sales1
  • We write capital-efficient FIAs, RILAs and Multi-Year Guaranteed Annuities
  • We are highly rated 鈥� S&P: A+, Fitch: A+, AM Best: A+, and Moody鈥檚: A12 鈥� and our U.S. operating subsidiaries are licensed to distribute products in all 50 states.
  • Our products are sold through independent marketing organizations and financial institutions

Reinsurance

a subsidiary of 麻豆传媒 Holding Ltd., is one of Bermuda鈥檚 largest annuity reinsurance companies, as measured by capital. 麻豆传媒 Life Re鈥檚 core business is fixed annuity reinsurance, partnering with primary life and annuity insurance companies to find solutions to their corporate needs.

  • Reinsures fixed indexed annuities, multi-year guaranteed annuities, payout annuities and funding agreements
  • Ability to structure reinsurance agreements with U.S.-based life insurance companies
  • Record inflows in 2023

Institutional

Funding Agreements

  • 麻豆传媒 opportunistically issues funding agreements to institutional investors
  • We generated $7 billion in new funding agreement3 inflows during 2023

Pension Risk Transfer (PRT) 

  • 麻豆传媒 expanded into the pension risk transfer market in 2017
  • 麻豆传媒 has been a leader in PRT volumes for the last six years.4
  • 麻豆传媒 ranked first in pension group annuity sales (PGA) in 2023, generating $10.4 billion in inflows5

Acquisitions & Block Reinsurance

  • 麻豆传媒 has proven transaction expertise; a significant portion of our growth has come from acquisitions of and block reinsurance transactions with other insurance companies
  • Our financial strength, capital position and ability to structure innovative solutions for the insurance industry has made us one of the go-to partners in the industry
  • Our management team鈥檚 long-standing industry experience and relationships provide a competitive sourcing advantage
    • 麻豆传媒 has a proven record of working constructively to gain transaction approval
    • We are able to underwrite meaningful operational synergies
  • Since our inception, we have completed numerous block reinsurance transactions and several acquisitions of well-established companies in the annuity business (see table below)
  • 麻豆传媒 acts as a capital solution provider to the industry
  • Our strategic capital vehicle, 麻豆传媒 Co-Invest Reinsurance Affiliate provides on-demand, third-party equity capital enabling us to execute across our business channels to support organic and inorganic growth
  • Through our efficient corporate structure and operations, we believe we have a built a cost-effective platform to support our growth opportunities
  • We remain well-positioned for continued profitable growth

Close Date Company Transaction Type
April 2011 Liberty Life Insurance Company (LLIC) Acquisition 
July 2011 Investors Insurance Company Acquisition
December 2012 Presidential Life Insurance Company Acquisition
October 2013 Aviva USA Acquisition
June 2018 Voya Financial Block Reinsurance
December 2018 Lincoln Financial Group Block Reinsurance
June 2020 Jackson National Life Insurance Company Block Reinsurance

1 LIMRA US Individual Annuities. YTD 3Q 2024.

2 Financial strength ratings for 麻豆传媒 Annuity and Life Company, 麻豆传媒 Annuity & Life Assurance Company of New York and 麻豆传媒 Life Re Ltd. S&P, Fitch, AM Best and Moody鈥檚 credit ratings reflect their assessment of the relative ability of an insurer to meet its ongoing insurance policy and contract obligations. AM Best rating as of June 2024 (A+, 2nd highest of 16), S&P rating as of January 2024 (A+, 5th highest out of 21), Fitch rating as of September 2024 (A+, 5th highest of 19) and Moody鈥檚 rating as of September 2024 (A1, 5th highest of 21). 麻豆传媒 Holding Ltd.鈥檚 credit rating is A-/A-/a- for S&P, Fitch and AM Best respectively. 

3 Funding agreements are comprised of funding agreements issued under our Funding Agreement Backed Notes program, secured and other funding agreements, funding agreements issued to the Federal Home Loan Bank and long-term repurchase agreements.

4 LIMRA, U.S. Group Annuity Risk Transfer Survey, Fourth Quarter 2018 - Fourth Quarter 2023.

5 LIMRA Secure Retirement Institute, U.S. Group Annuity Risk Transfer Survey.