Fixed Index Annuity Sales Hit New Record Of $11.7 Billion in 2002
By Linda KocoFixed Index Annuity Sales Hit New Record Of $11.7 Billion In 2002ByFixed index annuities continued on their record-setting sales track, producing $11.67 billion in sales ...
April 06, 2003
Producers Seen As The Dominating Distribution Force In The FutureByOrlando, Fla. Producers will be the dominating force in distribution of life insurance products in the future, said Timothy Tongson, consulting actuary, Milliman USA, Minneapolis.Of ...
April 06, 2003
Regulators Told Market Conduct Focus Is Best Answer To Federal RegulationByAtlanta Efforts to streamline and update market conduct efforts may be state insurance regulators best response to any challenge to the relevancy of state insurance ...
April 06, 2003
As Interest Rates Fall, Fixed Annuities Hit Highs And VA Fixed Accounts RiseBy Eric Sondergeld and Daniel Q. BeatriceWhen annuity sales declined in 2001, it was only the second time since 1985 that annual sales dropped from ...
April 06, 2003
NASD Turning Up The Pressure on VA SuitabilityNASD Turning Up The Pressure On VA SuitabilityBy Jeffrey S. Puretz and Nicole GriffinA recent enforcement action shows that the National Association of Securities Dealers ...
April 06, 2003
Annuities Are Good For Tax-Qualified Retirement PlansAnnuities Are Good For Tax-Qualified Retirement PlansBy Norse N. Blazzard and Judith A. HasenauerA considerable amount of controversy, and even some litigation, has arisen in ...
April 06, 2003
Variable Life Market Is At A CrossroadsByThe variable life insurance market experienced remarkable growth in the 1990s, with premiums climbing from $1.03 billion in 1990 to a peak of $6.95 billion ...
April 06, 2003
Safety Of FAs A Comfort To BanksByAlthough the rush to the safety of fixed annuities continued among bank customers last year, a burst of new variable annuity products from manufacturers also ...