Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
December 01, 2005
MetLife Offers Income Inflation ProtectionMetropolitan Life Insurance Company is introducing an income annuity feature that can protect purchasers against rapidly rising prices.[@@]Metropolitan Life, a unit of MetLife Inc., ...
December 01, 2005
Ameriprise Negotiates Deals With Securites RegulatorsA major financial services company says it will be spending about $59 million on settlements to resolve concerns of state and national agencies about ...
November 30, 2005
Phoeni Withdrawal Benefit Can Protect SpouseThe Phoenix Companies Inc. has introduced a deferred variable annuity with a living benefit rider that can guarantee income for a surviving husband or ...
November 28, 2005
Firm Adds Annuity Web Order%2DEntry ToolFinetre Corp. has released the AnnuityGateway Solution system.[@@]The system gives annuity issuers the ability to offer distributors access to a Web-based annuity order-entry tool.The ...
November 23, 2005
VA Sales Up 1%, FA Sales Down 8% Year-To-DateIndividual annuity sales dropped 3% year-to-date through September 2005 when compared to the same period in 2004.The overall total of $162.5 billion was comprised ...
November 23, 2005
Combined VA Reserving Proposal EposedChicagoRegulators voted to expose a draft of an actuarial guideline for reserving of variable annuities with living benefits that incorporates a proposal of the ...
November 23, 2005
The Top Fied Annuity Sellers In 3QIn the third quarter 2005, the top selling fixed annuity was MasterDex, an Allianz Life indexed annuity that has ranked first for five consecutive ...
November 23, 2005
3Q Inde Annuity Sales Off 7% From 2QIndex annuity sales declined 7% in the third quarter of 2005 compared to the second quarter of 2005, says Advantage Compendium Ltd., St. Louis, ...
November 23, 2005
Life, Annuity Sales Falter In BanksSales of life insurance in banks were down 13% in the first half of 2005, the first time in years that banks' life premium ...