Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Former Allmerica Sells Life And Annuity Blocks
By Staff WriterHanover Insurance Group Inc. says it has closed on a previously announced sale of its run-off variable life and variable annuity businesses to Goldman ...
December 27, 2005
A Generation AgesAmeriprise Financial Inc. is preparing to launch a television advertising campaign that will remind the oldest baby boomers that they are about to turn ...
December 16, 2005
Annuity Seller Starts Broker%2DDealerAsset Marketing Systems Insurance Services L.L.C. is setting up Madison Avenue Securities, a broker-dealer subsidiary that will help registered representatives supervise their equity-indexed annuity ...
December 15, 2005
EIA Issuer Prices OfferingAmerican Equity Investment Life Holding Company is executing previously announced plans to sell 13 million shares of common stock to the public and giving ...
December 15, 2005
Insurer Names Institutional Marketing HeadJackson National Life Insurance Company has given Greg Salsbury responsibility for the company's institutional marketing group and regional broker-dealer channel.[@@]Salsbury, who has been an ...
December 15, 2005
Lawmakers OK Bill With Annuity LTC Rider ProvisionThe House voted 294-132 Thursday to pass pension reform legislation that includes several provisions sought by the life insurance industry.[@@]Passed by a vote of ...
December 14, 2005
Bank VA Sales Overtake Bank FA SalesIn September, for the first time in 5 years, bank and savings institution sales of variable annuities exceeded sales of fixed annuities.[@@]Bank sales of ...
December 14, 2005
Investment Bankers Eye PhoeniThe board of Phoenix Companies Inc. probably will give company managers there more time to try to increase company earnings.[@@]John Nadel, a securities analyst ...