Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
June 15, 2005
Helberg Rises At SecurianSecurian Financial Group has promoted John Helberg to manager of individual underwriting.[@@]Helberg was a senior underwriter at Securian, St. Paul, Minn. He has a ...
June 15, 2005
NAIC Committee Builds Floor Into VA Guarantee ProposalA key group of regulators has decided that insurers should use traditional formulas as well as more complicated statistical models when establishing reserves for ...
June 14, 2005
N.H. Commissioner: Need For EIA ProtocolsProducts with elements of insurance and securities prompt questionsNew Hampshire Insurance Commissioner Roger A. Sevigny says his department will start meeting informally with the ...
June 14, 2005
1Q Fied Annuity Sales SlideCompared with 4th quarter 2004 results, sales of fixed annuities in the 1st quarter of 2005 were down 15% for all types of fixed ...
June 14, 2005
Insurer Adds Annuity For New York ResidentsSBLI USA Mutual Life Insurance Company Inc. has introduced the Select Choice annuity.[@@]SBLI, New York, says it will be selling the single-premium, tax-deferred annuity ...
June 14, 2005
Challenge On Annuity Surrender ChargesBostonRegulators discussing the proper annuity nonforfeiture rate were challenged by one of their own to put that issue aside and concentrate on the sale ...
June 10, 2005
Regulators Talk About Annuity Suitability RulesSome regulators are asking whether they should be talking about minimum annuity nonforfeiture interest rates at a time when some older consumers are buying ...
June 10, 2005
Securian Merges Annuity UnitsSecurian Financial Group is combining its individual annuity and retirement plan businesses.[@@]The combined unit, the new Security Retirement Savings unit, will include Securian departments ...
June 09, 2005
Aviva Offers Breakthrough EIAAviva Life Insurance Company is selling an equity-indexed annuity designed to provide enhanced growth potential when index returns are strong.[@@]Aviva, North Quincy, Mass., says ...
June 08, 2005
RBC Project Moves Ahead For Variable Annuities With GuaranteesA minimum floor is now part of the C-3, Phase II project proposalBostonVariable annuity risk-based capital requirements that have a minimum floor cleared a ...