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New York insurer offering universal life insurance, fixed indexed annuities, reinsurance and asset management.
Founded in 1916 and headquartered in New York, US, Prosperity Life Insurance Group, LLC provides life insurance, fixed indexed annuities, reinsurance and asset management. Its products include Universal Life Insurance and Prosperity PathPro Series fixed indexed annuities, and it has affiliated entities in Bermuda. Revenue comes from premiums, annuity fees and asset management fees. In February 2025, a USD 500.00 mn secondary buyout involved Elliott Management and Wand Partners, and JAB Holding Company agreed to acquire the company from them.
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