Fixed Income
News and analysis of fixed income markets including the key factors affecting performance such as interest rates, Federal Reserve policy and the state of the economy.
Earnings: CIGNA, American, Others
By Staff WriterAn acquisition and strong disability claims management helped profits at CIGNA Corp. during the second quarter.Here is a summary of the latest insurance industry earnings ...
July 23, 2008
Earnings: WellPoint, Aflac, OthersStock repurchases helped WellPoint Inc. increase earnings per share during the second quarter even though total profits fell.Here is a summary of the latest earnings ...
July 23, 2008
Pru Introduces Variable Annuity LTC RiderThe annuities unit at Prudential Financial Inc. has added a variable annuity living benefit rider that can double the contract holder's annual income if the ...
July 23, 2008
Pru Introduces Variable Annuity LTC RiderThe annuities unit at Prudential Financial Inc. has added a variable annuity living benefit rider that can double the contract holder's annual income if the ...
July 18, 2008
Senior income31 million - Number of people over 65 who depend on Social Security as their main source of income; $11,723 was the average income amount. 30.7% - Percentage of the over-65 population that receives income from a pension or retirement plan.
July 07, 2008
Income replacement126%: Percentage of income retirees need to replace to keep up with inflation, long life spans and medical costs. 1.2 million: Number of retirees who are expected to have less than 80 percent of what they need to retire and maintain their
June 15, 2008
Ranks Of The Underinsured Are Growing Too, Report ShowsAbout 9% of U.S. adults with annual incomes between $60,000 and $99,999 may have been underinsured in 2007.Researchers at the Commonwealth Fund, New York, included ...
June 05, 2008
SunAmerica Adds VA Withdrawal OptionA new variable annuity minimum withdrawal benefit feature can let guaranteed VA income increase in years when the owner takes withdrawals.AIG SunAmerica Retirement Markets Inc., ...