Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
January 26, 2003
Bank Reps Still Most Comfortable With Fixed Annuities, Study FindsByFixed annuities remain the vanguard of bank insurance programs, a recent study sponsored by Independent Financial Marketing Group, Purchase, N.Y., found. All of the banks ...
January 22, 2003
AnnuityNet Handles 165,000 TransactionsNU 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 ...
January 21, 2003
Citigroup Reports Lower 4th Quarter Net IncomeNU Online News Service, Jan. 21, 12:41 p.m. -- Citigroup Inc., New York, is reporting $2.4 billion in net income for the fourth quarter ...
January 21, 2003
Info-One System Attracts More IssuersNU Online News Service, Jan. 21, 10:40 a.m. -- Info-One, Campbell, Calif., says all of the top 25 issuers of non-group U.S. variable annuities ...
January 19, 2003
Banks Annuity Sales Slump Continued In NovemberBanks Annuity Sales Slump Continued In NovemberByBank sales of annuities continued to falter in November after setting a record pace earlier in the year, according ...
January 13, 2003
SunGard Adds Annuity Administration SoftwareNU Online News Service, Jan. 13, 5:05 p.m. -- SunGard Data Systems Inc., Miami, has introduced SunGard AIMS, a collection of software products designed ...
January 13, 2003
Bank Annuity Slump ContinuesNU Online News Service, Jan. 13, 10:35 p.m. -- Bank sales of annuities continued to falter in November 2002 after setting a record pace ...
January 12, 2003
Kentucky District Court Rules That Index Annuities Are Not SecuritiesKentucky District Court Rules That Index Annuities Are Not SecuritiesByIs an index annuity a security? The question has been quietly kicking about ever since index ...
January 02, 2003
Bank VA Sales Fell In OctoberNU Online News Service, Jan. 2, 3:45 p.m. -- Bank sales of variable annuities fell to $1.1 billion in October 2002, from $1.7 billion ...
December 29, 2002
3Q Fixed Annuity Sales Of $30 Billion Set Another Quarterly RecordByFixed annuity sales set yet another single-quarter record in the third quarter of 2002 with $30 billion in overall fixed annuity sales.The third quarter marked ...