Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
LIMRA: Variable Annuity Sales Climb in Second Quarter 2011
By Staff WriterTotal U.S. individual variable annuity sales climbed to $41 billion during the second quarter, up 16% from the total for the second quarter of 2010, according to LIMRA.
August 17, 2011
3 new options for Hartford annuitiesThe Hartford has introduced three personal protection options as part of its Personal Retirement Manager variable annuity suite.
August 17, 2011
10th Circuit Rules on FDIC Protection of Annuity AccountsTwo life insurance company subsidiaries of Aviva USA should recover only 16% of the $11.3 million they deposited in a Topeka, Kan., bank that failed in 2008, according to a 3-judge panel of the 10th U.S. Circuit Court of Appeals.
August 17, 2011
FSP Speaker: Prepare for Super Committee-Related Portfolio AdjustmentsAdvisors must be prepared to make quick adjustments to clients' retirement portfolios in response to the recommendations of the new "Super Committee" created by the Budget Control Act of 2011.
August 16, 2011
AnnuitySpecs: Indexed Life Sales SoarU.S. sales of indexed life insurance jumped to $224 million in the second quarter, up 35% from the total for the comparable quarter in 2010.
August 16, 2011
Super Committee: Securities Firms, Health Professionals Outgave InsurersThe insurance industry ranks just 10th on a list of top industry contributors to members of the new "super committee" - the congressional panel that is supposed to find $1.5 trillion in federal spending cuts by Thanksgiving.
August 16, 2011
Variable Annuity Change Rate DoublesThe pace of variable annuity product changes increased dramatically in the second quarter, according to analysts at Morningstar Inc.
August 16, 2011
3 new options for Hartford annuitiesThe Hartford has introduced three personal protection options as part of its Personal Retirement Manager variable annuity suite.