Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Amid Mostly Flat Sales,
By Linda Koco"Declared rate and indexed annuities are under attack on multiple fronts," states a new position paper from the National Association for Fixed Annuities, Milwaukee, ...
November 18, 2005
Analysts Warn Against Annuity Sales HypeLife insurers had better be sure that both they and their customers understand the costs and limitations of the annuity benefit guarantees they are ...
November 17, 2005
Insurer Unveils AnnuitySymetra Life Insurance Company has introduced the Symetra Income Builder Annuity.[@@]The product is a 10-year period certain annuity, according to Symetra, Bellevue, Wash.Symetra, the ...
November 17, 2005
Companies To Market New Type Of Life ProductRGA Reinsurance Company and Future System Advisors L.L.C. have picked McCamish Systems L.L.C. to administer policies for a new life insurance product.[@@]Details about the ...
November 16, 2005
Lenders Will Wait For BISYS FinancialsA company that sells support services to life insurers and other financial services companies has persuaded the issuers of its credit line to relax ...
November 16, 2005
NAIC Acts on Annuities, Limited Term ResolutionChicagoAmong the actions taken by regulators at the National Association of Insurance Commissioners' winter meeting were the adoption of the annuity nonforfeiture model regulation, ...
November 16, 2005
Annuity Benefits Paid On The RiseThe annuity benefits that insurers are paying out to contract holders are edging close to $50 billion annually, according to data in annual statement ...
November 16, 2005
3rd Quarter Variable Annuity Sales Were Unusually StrongNew sales were up 12.6% over 3Q last yearVariable annuity new sales of $33.5 billion in the third quarter were just a shade above ...