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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
October 17, 2005 at 08:00 PM
Citigroup Inc. continues to get a small portion of its revenue from the sale of life insurance, annuities and other financial services.[@@]
Citigroup, New York, recently sold its Travelers Life and Annuity unit to MetLife Inc., New York, but it continues to own Primerica Financial Services.
Citigroup as a whole is reporting $7.1 billion in net income for the third quarter on $21 billion in revenue, up from $5.3 billion in net income on $19 billion in revenue for the third quarter of 2004.
Primerica is reporting $136 million in net income for the latest quarter on $550 million in revenue, compared with $136 million in net income on $532 million in revenue for the third quarter of 2004.
Premium payments and deposits from Primerica variable annuity sales increased 10%, to $283 million.
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