Axonic Insurance Secures a $210 Million Preferred Equity Investment from LuminArx and Deutsche Bank
Oct 29, 2025 8:08 PM Eastern Daylight Time
Strategic capital supports Axonic Insurance’s continued annuity product innovation and global distribution expansion
NEW YORK–(BUSINESS WIRE)–Axonic Insurance, a global annuity and insurance platform, today announced a $210 million preferred equity investment led by LuminArx Capital Management (“LuminArx”), a global capital solutions provider, with participation from Deutsche Bank.
Axonic Insurance is an innovative insurance platform that designs, distributes, issues, and manages annuity and related product offerings for individual consumers and institutions worldwide. Launched in 2024, Axonic Insurance is a wholly owned subsidiary of Axonic Capital, an investment management firm with $7 billion in assets under management specializing in structured credit and commercial and residential real estate debt and equity.
The investment from LuminArx and Deutsche Bank will support Axonic Insurance’s continued growth across retail and institutional distribution channels while also enabling it to further accelerate technology development and enhance product servicing capabilities.
