Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
3Q Inde Annuity Sales Off 7% From 2Q
By Linda KocoIndex 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 ...
November 21, 2005
MetLife Unveils VA Living Benefit RiderMetLife Inc. has introduced a guaranteed minimum accumulation benefit variable annuity contract option.[@@]The rider can protect principal and some asset growth for MetLife VA ...
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
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
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, ...