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Malibu Life Holdings Completes Acquisition of...
Malibu Life Holdings Limited has successfully acquired TruSpire Retirement Insurance Company, which will be rebranded as Malibu Life USA, establishing the company's direct U.S. annuity origination platform. This acquisition is expected to materially accelerate Malibu Life's strategic plan by adding direct issuance capabilities to its existing reinsurance platform, with an inaugural product launch targeted for early-to-mid September. The combined entities aim to provide Malibu Life with complementary channels for originating and managing insurance liabilities, positioning the company for growth in the U.S. retirement and annuity market. Disclaimer*
About this update from Malibu Life Holdings Limited
Transaction creates Malibu Life’s direct U.S. annuity origination platform, with inaugural product launch targeted for early-to-mid September. George Town, Cayman Islands – July 2, 2026 – Malibu Life Holdings Limited (“Malibu Life” or the “Company”), a London Stock Exchange-listed insurance holding company focused on the U.S. retirement and annuity market, today announced the successful closing of its acquisition of TruSpire Retirement Insurance Company (“TruSpire”), which will be rebranded as Malibu Life USA. The closing marks a major milestone in Malibu Life’s transformation into a scaled, vertically integrated insurance platform and establishes Malibu Life USA as the Company’s U.S. retail annuity origination engine. Malibu Life USA’s inaugural product launch is targeted for early-to-mid September, positioning the platform to participate meaningfully in one of the most attractive and fastest-growing segments of the U.S. retirement market. “This is a defining moment for Malibu Life,” said current Chief Executive Officer Gary Dombowsky. “I am especially pleased to have completed this acquisition ahead of my retirement on July 20th, leaving Todd Shriber, our incoming Chief Executive Officer, with a platform that is well positioned to scale. With the Malibu Life USA brand now in place, we are moving decisively from strategy into execution, supported by the operating platform, distribution access, regulatory footprint and product capabilities needed to establish Malibu USA as a powerful growth engine and an important new entrant in the retail annuity market.” TruSpire brings Malibu Life a U.S.-domiciled insurance company with broad state licensing, an approved fixed indexed annuity product, and access to the independent agent distribution channel. Following the close, Malibu Life USA will operate as the Company’s U.S. retail brand, while Malibu Life’s broader insurance strategy will continue to include reinsurance capabilities through its Cayman and Bermuda platforms. Together, these entities are intended to provide Malibu Life with multiple complementary channels for originating and managing long-dated insurance liabilities. “Today’s closing gives Malibu Life the foundation to scale,” said Dimitri Goulandris, Chairman of Malibu Life Holdings. “We have been deliberate in building the right structure, the right team and the right asset-liability framew...
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