Delaware Life Supports Renewable Energy Projects by Providing $400 Million Credit Facility to Fundamental Renewables

Delaware Life, acting as arranger and a lead lender, recently provided a $400 million credit facility to Fundamental Renewables, an established provider of financing for solar and other renewable energy projects.  This landmark transaction is an example of an important element of Delaware Life’s investment strategy – to develop partnerships where Delaware Life can invest programmatically over time while providing financing solutions to borrowers.  This facility was Delaware Life’s fourth facility for Fundamental, each one larger and more complex than the one before it.  In addition, Delaware Life introduced Fundamental to other large institutional investors, who are now also lenders in the facility, and helped Fundamental obtain a rating from a leading rating agency, which will facilitate Fundamental’s continued growth.  Delaware Life’s partnership with Fundamental Renewables demonstrates the Group 1001 and Delaware Life’s continued commitment to ESG initiatives.  You can read more about this transaction here.

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Barron’s Honors Delaware Life for Top-Ranked Annuities for Third Consecutive Year

Delaware Life, a Group 1001 company, has been recognized in a recent Barron’s article, “The Best Annuities for Income and Growth.” Noting that sales of these investment products have surged this year, the article highlights Delaware Life’s Growth Pathway®Fixed Index Annuity and Apex MYGA®Fixed Annuity as standouts in t...

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Mike Nichols Joins Group 1001 as Chief of Sponsorship Strategy and Activations

INDIANAPOLIS – AUG. 22, 2022 — Group 1001 today announced the appointment of Mike Nichols as Chief of Sponsorship Strategy and Activations. Nichols has more than 25 years of executive experience in sports leadership and sponsorships, including more than 16 years at the LPGA (Ladies Professional Golf Association). He wi...

Introducing Clear Spring Life and Annuity Company

We are pleased to announce Guggenheim Life and Annuity Company, who recently received an upgrade from A.M. Best to a Financial Strength Rating of A- (Excellent), has a new name: Clear Spring Life and Annuity Company (“Clear Spring Life”). In addition, GL Marketing, LLC is now Clear Spring Life Marketing, LLC (“CSL Mark...

Fitch Publishes 'A-' IFS Rating for Delaware Life Insurance Co.

Fitch Ratings, a global credit rating agency, has published an Insurer Financial Strength (IFS) rating of “A-“ for Delaware Life Insurance Company. Read more about this rating HERE.

“We are pleased with the decision by Fitch Ratings and believe it is reflective of Delaware Life’s dedication to the business and our stron...

Group 1001 Becomes Majority Stakeholder in Women’s Sports-Focused Enterprise Parity

NEW YORK (Date TBD) – In a bold step to create lasting and meaningful change in women’s sports, Group 1001 will become a majority stakeholder in Parity, a startup created for both elite women athletes and their fans to combat gender pay inequities in professional sports.

As part of the acquisition, Parity will have sub...

Group 1001

Group 1001 Companies Make Capital Commitment in Support of Hometap's Institutional Asset Investment Fund

January 31, 2022 – We are proud to support Hometap’s Institutional Asset Investment Fund through a capital commitment deal led by our G1001 Innovations group. Last week, Hometap announced Group 1001’s Delaware Life Insurance Company, and other of its affiliated insurance companies, made a capital commitment to Hometap’...

Bill Shelton

Group 1001 Names Bill Shelton as Chief Marketing Officer

Group 1001 today announced the appointment of Wall Street leader Bill Shelton to the position of Chief Marketing Officer. Shelton is a financial services veteran with deep expertise in delivering transformational growth and success in both the corporate and start-up sectors. He will report to Group 1001 CEO and Preside...

Group 1001

A.M. Best Upgrades Guggenheim Life and Annuity Company

A.M. Best, a global credit rating agency, has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-“ (Excellent) from “bbb+” (Good) of Guggenheim Life and Annuity Company (“Guggenheim Life”). Read the press release here.

"We are thrilled that A.M. Be...