Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
December 15, 2005
Lawmakers OK Bill With Annuity LTC Rider ProvisionThe House voted 294-132 Thursday to pass pension reform legislation that includes several provisions sought by the life insurance industry.[@@]Passed by a vote of ...
December 14, 2005
Bank VA Sales Overtake Bank FA SalesIn September, for the first time in 5 years, bank and savings institution sales of variable annuities exceeded sales of fixed annuities.[@@]Bank sales of ...
December 14, 2005
Investment Bankers Eye PhoeniThe board of Phoenix Companies Inc. probably will give company managers there more time to try to increase company earnings.[@@]John Nadel, a securities analyst ...
December 11, 2005
3Q VA Sales Slipped 11% From 2Q's Record HighThird quarter new variable annuity sales of $36.5 billion were off almost 11% from the 2nd quarter's record high of $40.9 billion. With the exception ...
December 11, 2005
3Q VA Sales Slipped 11% From 2Q's Record HighThird quarter new variable annuity sales of $36.5 billion were off almost 11% from the 2nd quarter's record high of $40.9 billion. With the exception ...
December 08, 2005
AXA Forms VA Education ServiceA unit of AXA Financial Inc. is spearheading the formation of the Variable Annuities Knowledge Center, an independent, nonprofit Web site that will give ...
December 08, 2005
Insurer Offers EIA GuideThe U.S. arm of Sun Life Financial Inc. has created a CD-ROM for insurance agents who sell equity indexed annuities.[@@]The CD-ROM includes materials that ...
December 06, 2005
NAIC Eyes Ta Panel Attack On Inside BuildupGeorgia Insurance Commissioner John Oxendine says the National Association of Insurance Commissioners should talk about federal tax reform proposals in February 2006 at the ...
December 06, 2005
DTCC To Use Finetre TechnologyThe Depository Trust & Clearing Corp. has agreed to build AnnuityNet and LifeNet technology into its own InsurExpress system.[@@]The DTCC, New York, is a ...
December 06, 2005
NAIC Offers VA Guarantee RBC HelpThe National Association of Insurance Commissioners is about to offer some guidance for insurers that must comply with the new C3, Phase II risk-based ...