Axonic Insurance, a global annuity and insurance platform, has secured $210m in preferred equity, led by LuminArx Capital Management, a global capital solutions provider, with Deutsche Bank also participating. Axonic Insurance creates, issues, distributes and administers annuities and related products for both individual and institutional clients globally. Established in 2024, the company is a fully owned subsidiary of Axonic Capital, an investment manager that oversees$7bn in assets and focuses on stru ...