NU Online News Service, Jan. 22, 9:41 a.m. – AnnuityNet Inc., Herndon, Va., says it processed about 165,000 annuity transactions in 2002.
The transactions included new sales of fixed and variable annuity products, 1035 exchanges and subaccount transfers within variable annuities.
AnnuityNet runs a system that links retail annuity distributors with the insurers that write the annuities. The company says it will add 10 new annuity issuers and "dozens" of distributors by June 30.
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
