JAB Insurance Appoints Next CEO of Prosperity Life GroupJAB Insurance today announced that it has named Michael Ferik as Chief Executive Officer of Prosperity Life Group, effective October 15, 2025. He will succeed Nicholas von Moltke who served as CEO over the past six years and will shift into a role as Senior Advisor to Anant Bhalla, Executive Chairman of JAB Insurance, to… Read Story
Prosperity Group Operating Subsidiaries ‘A-‘ Ratings Affirmed And Removed From CreditWatch Negative; Outlook StableS&P Global Ratings today assigned its ‘BBB-‘ long-term issuer credit rating to the new nonoperating holding company of Prosperity Group, JAB Holdings UK Ltd. The outlook on the rating is stable. At the same time, we withdrew the ‘BBB-‘ long-term issuer credit rating on Prosperity Group Holdings L.P. We also affirmed our ‘A-‘ long-term issuer… Read Story
Guaranteed Renewal Rates Highlight Launch of New Prosperity Life Group FIAs: Prosperity PathPro℠ SeriesProsperity Life Group, an insurance, reinsurance, and asset management organization, today announced the launch of Prosperity PathPro℠ Series Fixed Indexed Annuities (FIAs), issued by S.USA Life Insurance Company, Inc. (S.USA), a Prosperity Company. Please see the Press Release to learn more. Read Story
JAB Insurance Completes Acquisition of Prosperity Life GroupJAB Insurance announced that it has completed its acquisition of Prosperity Life Group from Elliott Investment Management, effective September 5, 2025. With nearly $30 billion in assets and one million policyholders, Prosperity will become a foundational part of the JAB Insurance business. Prosperity serves approximately one million policies through protection and retirement solutions. Prosperity holds… Read Story