Oceanview Life
A Denver-based fixed-annuity specialist built on a 1965 charter and relaunched in 2019 under Oceanview Holdings, with Bayview Asset Management institutional investment muscle behind it, roughly $14 billion in reported assets and a 466% risk-based capital ratio at year-end 2025, and an AM Best A (Excellent) rating - upgraded from A- in 2023 - across a focused shelf of multi-year guaranteed and fixed indexed annuities.
Financial strength
A
AM Best
AM Best A (Excellent)
Oceanview Life carries an A (Excellent) Financial Strength Rating from AM Best - the third-highest of thirteen categories - upgraded from A- in 2023, affirmed with a stable outlook in 2024.
$14B assets, 466% RBC
Oceanview Life reported roughly $14 billion in total assets, $824 million in surplus, and a 466% risk-based capital ratio as of December 31, 2025 - insurer-level statutory scale for a specialist annuity issuer.
Bayview-backed
Part of the Oceanview Holdings platform organized by Bayview Asset Management; a Bayview affiliate, Oceanview Asset Management, serves as the carrier's investment manager. Bayview's AUM is an asset-manager figure, not the issuing carrier's own balance sheet.
1965 charter, 2019 relaunch
Roots trace to a 1965 charter (Longevity Insurance Company); acquired and relaunched as Oceanview Life and Annuity Company in 2019 as a purpose-built fixed-annuity carrier.
CapLock + Harbourview FIAs
Oceanview Life's annuity lineup includes the CapLock and Harbourview fixed indexed annuities - accumulation-focused designs with cap, participation, and monthly-sum strategies and no income rider or premium bonus.
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Growth FIAs
Selected product: CapLock Fixed Indexed Annuity
An accumulation-focused fixed indexed annuity group with index-linked crediting and, for some versions, premium-bonus designs.
Other current products
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Explore Oceanview Life products
Oceanview Life’s lineup, grouped by what each product group is built to do. Current rates come from CANNEX via AdvisorWorld and are checked daily.
Fixed Index Annuity - Growth
Index-linked annuities built for protected growth, with caps, participation rates, and fixed-account options surfaced from live product data.
- Growth-oriented FIAs grouped by accumulation purpose
- Individual product pages carry current rates, terms, riders, and disclosures
Best for: Buyers comparing principal-protected growth potential before opening a product page for the full live strategy set.
CapLock Fixed Indexed Annuity
A multi-year-surrender fixed indexed annuity from an A-rated Oceanview Life carrier, built for index-linked accumulation across cap, participation, and monthly-sum strategies on a mix of recognizable benchmark and proprietary volatility-controlled indexes, with no income rider and no premium bonus.
S&P 500 annual cap
8.5%
Harbourview Fixed Indexed Annuity
An accumulation-focused fixed indexed annuity from an A-rated Oceanview Life carrier, built for index-linked growth across cap, participation, and monthly-sum strategies on a mix of recognizable benchmark and proprietary volatility-controlled indexes, with no income rider and no premium bonus.
S&P 500 annual cap
8.4%
Rates are pulled live from CANNEX via the AdvisorWorld data feed · 2026-07-16. Caps, payout rates, and guaranteed rates vary by state, premium band, and rider election — confirm current terms on each product page.
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Find your fit
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Company overview
What Oceanview Life is
Oceanview Life and Annuity Company is a Denver-headquartered stock insurer (NAIC 68446) that specializes in fixed annuities - multi-year guaranteed annuities and accumulation-focused fixed indexed annuities - built around principal protection, guaranteed returns, and tax-deferred growth.
Checked 2026-07-16 · AnnuityRatesHQ carrier research
The carrier is part of Oceanview Holdings, a platform organized by Bayview Asset Management, and its general account is managed by Oceanview Asset Management, LLC, a Bayview affiliate. Bayview's reported AUM (roughly $21 billion as of March 2025) is a parent asset-manager figure, not the issuing carrier's balance sheet; Oceanview Life's own year-end 2025 statutory highlights are approximately $14 billion in total assets, $824 million in surplus, and a 466% risk-based capital ratio. Policyholder guarantees remain the obligation of Oceanview Life and Annuity Company as the legal issuing carrier - not Bayview, the asset manager, or the affiliated Bermuda reinsurers.
Financials as of 12/31/2025 · AnnuityRatesHQ carrier research; Oceanview financial highlights (12/31/2025)
Buyers can compare CapLock Fixed Indexed Annuity and Harbourview Fixed Indexed Annuity, along with Sky Harbourview Multi Year Guaranteed Annuity, in Oceanview Life's annuity lineup.
Verified July 2026 · CANNEX Financial Exchanges via AdvisorWorld
Scale, labeled
Charter
1965
Legal entity chartered in 1965 (historically Longevity Insurance Company); relaunched as Oceanview Life and Annuity in 2019. NAIC 68446.
Relaunched 2019 · AnnuityRatesHQ carrier research
Assets & capital
~$14B
Insurer-level year-end 2025 statutory highlights: ~$14B total assets, ~$12B invested assets, $824M surplus, $792M cash, and a 466% risk-based capital ratio.
As of 12/31/2025 · Oceanview financial highlights (as of 12/31/2025)
Owner
Oceanview Holdings
Part of the Bayview Asset Management-organized Oceanview Holdings platform since 2019; Bayview parent AUM ~$21B as of March 2025 is an asset-manager figure, not the issuer's own assets.
Bayview AUM as of Mar 2025 · AnnuityRatesHQ carrier research
AM Best
A (Excellent)
A Financial Strength Rating from AM Best; upgraded from A- in 2023, affirmed A with a stable outlook in 2024.
Affirmed 2024 · AM Best
History highlights
The carrier's charter dates to 1965, when the legal entity was founded (historically Longevity Insurance Company).
Founded 1965 · AnnuityRatesHQ carrier research
In 2019, the insurer was acquired by Oceanview Holdings and relaunched as Oceanview Life and Annuity Company, beginning its modern specialist fixed-annuity strategy under Bayview backing.
Relaunched 2019 · AnnuityRatesHQ carrier research
In 2023, AM Best upgraded Oceanview Life's Financial Strength Rating to A (Excellent) from A-; the rating was affirmed at A with a stable outlook in 2024, and AM Best recorded a company update on 2026-02-11.
Upgraded 2023; affirmed 2024 · AM Best
By year-end 2025 the carrier reported roughly $14 billion in total assets and a 466% risk-based capital ratio, and its product architecture broadened with the CapLock FIA (locked caps for the full surrender term) and CurrentRate MYGA (annual rules-based crediting).
As of 12/31/2025 · Oceanview financial highlights; carrier product materials
An asset manager's purpose-built annuity carrier
Bayview Asset Management, a fixed-income and mortgage-focused investment firm, organized the Oceanview insurance platform to issue competitive-yielding fixed annuity products backed by institutional-grade portfolio management.
Checked 2026-07-16 · AnnuityRatesHQ carrier research
In 2019, Oceanview Holdings acquired a life insurer with a 1965 charter - historically Longevity Insurance Company - and relaunched it as Oceanview Life and Annuity Company, pairing an established charter with fresh institutional capital and Bayview's investment expertise via Oceanview Asset Management, LLC. A 2023 regulatory examination identified Bayview as the ultimate parent at that date; a publicly reported 2023 exploration of a sale of Oceanview Holdings has not been confirmed as completed and remains a watch item.
Rebranded 2019; ownership as of 2023 exam · AnnuityRatesHQ carrier research
The model showed up in the ratings and the balance sheet: AM Best upgraded Oceanview Life to A (Excellent) from A- in 2023 and affirmed A with a stable outlook in 2024, and the carrier reported roughly $14 billion in assets, $824 million in surplus, and a 466% risk-based capital ratio at year-end 2025.
Rating affirmed 2024; financials 12/31/2025 · AM Best; Oceanview financial highlights (12/31/2025)
Financial strength
AM Best
CurrentA
Excellent financial-strength rating - the third-highest of thirteen AM Best categories; upgraded from A- in 2023 and affirmed A with a stable outlook in 2024 (company update recorded 2026-02-11).
Checked 2026-07-16
AnnuityRatesHQ carrier research; AM Best · current rating check
What makes Oceanview Life different
Upgraded, then affirmed
AM Best moved Oceanview Life up to A (Excellent) from A- in 2023 and affirmed A with a stable outlook in 2024, reflecting very strong balance-sheet strength and continued parent capital support - a trajectory, not just a grade.
Affirmed 2024 · AM Best
Institutional investment DNA
The carrier's general account is managed by Oceanview Asset Management, a Bayview Asset Management affiliate - the mortgage- and fixed-income specialist that organized the Oceanview platform. That relationship provides investment scale; the retail guarantee still belongs solely to Oceanview Life.
Checked 2026-07-16 · AnnuityRatesHQ carrier research
Certainty by design
Oceanview competes through selective certainty rather than rider stacks: declared-rate Harbourview MYGAs, accumulation-only FIAs with no income riders, the CapLock FIA that locks selected caps for the full surrender term, and the broader-shelf CurrentRate MYGA whose rate resets annually by formula after year one.
Verified July 2026 · CANNEX Financial Exchanges via AdvisorWorld; carrier product materials
A modern carrier on an established charter
Rather than starting from zero, Oceanview paired a 1965 insurance charter with a 2019 relaunch - fresh capital and modern fixed-annuity product design on a long-standing legal foundation, scaled to roughly $14 billion in assets by year-end 2025.
As of 12/31/2025 · AnnuityRatesHQ carrier research; Oceanview financial highlights
About Oceanview Life
Oceanview Life and Annuity Company is a Denver-headquartered fixed-annuity carrier built on a 1965 charter and relaunched under the Oceanview name in 2019 as part of Oceanview Holdings, the insurance platform organized and capitalized by Bayview Asset Management.
Checked 2026-07-16 · AnnuityRatesHQ carrier research
The carrier holds an A (Excellent) rating from AM Best - upgraded from A- in 2023 and affirmed with a stable outlook in 2024 - and reported roughly $14 billion in assets, $824 million in surplus, and a 466% risk-based capital ratio at year-end 2025. Its shelf stays deliberately focused: Harbourview and Sky Harbourview multi-year guaranteed annuities for declared-rate savers, and CapLock and Harbourview fixed indexed annuities for protected, index-linked accumulation, with the newer CurrentRate MYGA on the broader documented shelf.
Financials as of 12/31/2025 · AnnuityRatesHQ carrier research; AM Best; Oceanview financial highlights
Oceanview offers CapLock and Harbourview fixed indexed annuities alongside Harbourview and Sky Harbourview fixed-rate contracts.
Verified July 2026 · CANNEX Financial Exchanges via AdvisorWorld
Free Comparison Report
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Sources
- Oceanview Life corporate site — 2026-07-16
- AM Best - upgrade of Oceanview Life and Annuity Company to A (Excellent) from A- (2023); affirmed A / stable in 2024; company update 2026-02-11 — Affirmed 2024
- Oceanview financial highlights ("Discover the Oceanview Difference") - ~$14B assets, ~$12B invested assets, $824M surplus, $792M cash, 466% RBC — As of 12/31/2025
- AnnuityRatesHQ carrier research - Oceanview Life overview, 1965 charter, 2019 Oceanview Holdings relaunch, Bayview Asset Management backing (~$21B parent AUM as of Mar 2025), California DBA — Checked 2026-07-16
- Live product catalog (CapLock FIA, Harbourview FIA, Harbourview MYGA, Sky Harbourview MYGA; broader shelf includes CurrentRate MYGA), rates, riders: CANNEX Financial Exchanges via AdvisorWorld — Verified July 2026