Bank Annuity Sales Soar
By Staff WriterTotal sales of annuities in banks increased to $5 billion in June, up from $3.6 billion in June 2005.Sales of fixed annuities rose 35%, to ...
September 03, 2006
Fixed Annuity Sales Continue To Sag: LIMRAThe challenging environment for fixed annuity manufacturers continued in the first half of 2006, as sales decreased, persistency worsened, and assets under management remained flat.Fixed ...
September 03, 2006
Annuity Insurers' Response To Current Stress: Lemons To LemonadeIn the last 10 months, many external forces have imposed stress on the annuity world. The responses taken by insurers may suggest a direction for ...
September 01, 2006
Making the case for fixed annuity safetyA few issues ago, I wrote about a quartet of failed banks and annuity carriers where, when all was said and done, every one of the annuity and bank customers was fully covered and didn't lose a penny, regardless of account balances. Let's take a
August 31, 2006
Making the case for fixed annuity safetyA few issues ago, I wrote about a quartet of failed banks and annuity carriers where, when all was said and done, every one of the annuity and bank customers was fully covered and didn't lose a penny, regardless of account balances. Let's take a
August 30, 2006
Low Rates Hurt Fixed Annuity VolumeU.S. fixed annuity sales fell to $17.9 billion in the second quarter, down 14% from the total for the second quarter of 2005.Sales of indexed ...
August 30, 2006
Low Rates Hurt Fixed Annuity VolumeU.S. fixed annuity sales fell to $17.9 billion in the second quarter, down 14% from the total for the second quarter of 2005.Sales of indexed ...
August 15, 2006
Bank Annuity Sales Surge In MayBank annuity sales increased to $4.9 billion in May, up 36% from the total for May 2005.Variable annuity sales in banks rose 60%, to $2.4 ...