With the recent news in the financial markets, we want to provide an update on SILAC’s sound financial condition.

Regional Banks

SILAC does not have a direct or indirect relationship with Silicon Valley Bank or Signature Bank. SILAC is focused on the credit quality of its investment portfolio and with companies it partners with across the financial spectrum.

Credit Suisse

Credit Suisse is one of several investment banks that SILAC partners with for hedging and index development. The CS RavenPack AI Index is comprised of US companies and allocates to the top four sectors of the US economy. Credit Suisse’s financial performance is not included in this index. Therefore, performance of the CS RavenPack AI Index and Credit Suisse are independent of each other. No matter which index or crediting strategy a policyowner allocates to, the premium stays at SILAC and is backed by our fixed income investments that we purchase to support our liabilities. We are in regular contact with our partners at Credit Suisse.

SILAC Financial Strength

SILAC reported record earnings for a 4th year in a row since entering the annuity market in 2018. A summary of key Statutory financial metrics as of December 31, 2022, are as follows:

SILAC is a leader in the U.S. annuity market and its fixed and fixed index annuities help individuals safely accumulate wealth for and during retirement. We encourage you to visit SILACINS.COM and the following link to learn more about the organization, our annuity products and sound financial condition.

2022 Financial Partner Press Release

Upcoming Agent Webinars

SILAC together with Citi & Nasdaq!

Monday, March 20th

10:30am CST

Join us and special guests Stuart Kaiser, head of US Equity Strategy at Citi, plus Mark Marex & Ray Amani from Nasdaq to discuss the current economic environment!

Competitive Index Strategies

Monday, March 27th

10:30 am CST

Join Carrie Freeburg, SILAC SVP of Product & Marketing, to discuss SILAC indexes and the current interest crediting environment.

*FOR AGENT USE ONLY*

SILAC® Fixed Indexed Annuities are products of the insurance industry and not guaranteed by any bank, nor insured by FDIC or NCUA/NCUSIF. Not a deposit. Not insured by a federal government agency. Withdrawal charges, bonus recovery, interest recovery & market value adjustment may apply to withdrawals made during the withdrawal charge period. Restrictions apply. May only be offered by a licensed insurance agent. SILAC is licensed as SILAC Life Insurance Company in the state of California, license #6244-8.

For full disclosures, please visit www.SILACins.com/disclosures.html