Corebridge closes Individual Retirement variable annuity deal with Venerable

Corebridge Financial, Inc., an American multinational financial services company, has successfully completed the final portion of a variable annuity reinsurance transaction with Corporate Solutions Life Reinsurance Company, the insurance subsidiary of Venerable Holdings, Inc. The transaction includes the reinsurance of all individual retirement variable annuities issued by Corebridge subsidiary American Life Insurance Company of New…

Read More

2026 to mark a decisive shift toward operationalised AI: Xceedance

Travis MacMillian, president of the Americas at Xceedance, said that by 2026, insurance companies will move from experimenting with artificial intelligence to scaling it through human supervision, stronger governance and decision-making driven by real-time underwriting data. Xceedance says 2026 will represent a decisive shift towards actionable artificial intelligence, real-time risk intelligence and participatory insurance models…

Read More