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MassMutual Acquires Great American Life

Massachusetts Mutual Life Insurance Co. has doubled down on its retail annuities business with the latest acquisition of a major annuity provider. Last Wednesday, MassMutual announced that they would purchase Cincinnati-based Great American Life Insurance Company for $3.5 billion.  Great American, which is owned by …

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Great American Life Launches Unique New Annuity Product

A recent collaboration between Great American Life and Raymond James has produced a new type of variable-indexed annuity. The Index Summit 6℠ is the first of its kind, offering crediting strategies with both upside and downside participation rates. According to a recent InsuranceNewsNet article, the …

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Protection and Liquidity With New Great American Annuity

For consumers who are looking for greater liquidity while growing their money without concern for market volatility, Great American Life has something to offer. Earlier this week, the Cincinnati based company announced the launch of a new fixed annuity product, the American Freedom ClassicSM 3, …

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