Ticker name:ABXAbacus Global Management, Inc.
Country: US-Sector: Financial Services, Industry: Insurance - Life
Abacus Global Management, Inc., established in 2004 and based in Orlando, Florida, operates within the United States as both an alternative asset manager and a market maker. The firm, set to officially transition its name from Abacus Life, Inc. in February 2025, organizes its business across five principal divisions. Its Active Management segment focuses on the procurement, divestiture, and exchange of policies, overseeing their administration until death benefits are released. The Originations segment specializes in brokering life insurance policy settlements, connecting investors or purchasers with original policyholders who are selling their policies. Through its Asset Management operations, the company delivers comprehensive asset management services to investors engaged in alternative investment and equity portfolio funds, all governed by fund investment agreements. Additionally, the Portfolio Servicing division provides contractual policy administration support to its clients. The Technology Services segment offers specialized, contract-based services specifically for the life insurance sector, such as real-time mortality checks and the verification of missing participants. Abacus distributes its various products and services through a range of channels, including financial advisors, agents, direct sales to consumers, and established intermediaries in the life settlements market.
- CEO: Jay J. Jackson
- IPO: Sep 14, 2020
- Website:abacusgm.com (open a new tab)
Market Cap 984M
Last close 10.26$
Key metrics
Largest 18 companies In Insurance - Life
| # Position | Ticker | Company Name | Market Cap | Last Price | Action |
|---|---|---|---|---|---|
| 1 | MFC | MANULIFE FINANCIAL CORP | 71B | 42.5$ | |
| 2 | AFL | AFLAC INC | 63B | 124.08$ | |
| 3 | MET | METLIFE INC | 60B | 92.99$ | |
| 4 | PUK | PRUDENTIAL PLC | 36B | 28.27$ | |
| 5 | PFG | PRINCIPAL FINANCIAL GROUP INC | 24B | 112.06$ | |
| 6 | GL | GLOBE LIFE INC. | 14B | 184.25$ | |
| 7 | UNM | Unum Group | 14B | 88.85$ | |
| 8 | PRI | Primerica, Inc. | 9.7B | 309.41$ | |
| 9 | JXN | Jackson Financial Inc. | 8.6B | 123.02$ | |
| 10 | LNC | LINCOLN NATIONAL CORP | 8B | 41.61$ | |
| 11 | CNO | CNO Financial Group, Inc. | 5B | 53.03$ | |
| 12 | FG | F&G Annuities & Life, Inc. | 4.1B | 30.79$ | |
| 13 | BHF | Brighthouse Financial, Inc. | 3.7B | 64.91$ | |
| 14 | LIFE | Ethos Technologies Inc. | 1.2B | 18.5$ | |
| 15 | ABX | Abacus Global Management, Inc. | 984M | 10.26$ | |
| 16 | CIA | CITIZENS, INC. | 268M | 5.3$ | |
| 17 | MLCI | Mount Logan Capital Inc. | 37M | 3.32$ | |
| 18 | AAME | ATLANTIC AMERICAN CORP | 32M | 1.57$ |