Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
A Pragmatist's Guide To The SEC's Proposed Rule 151A
By Steve TuckeyBy now, everyone in the annuity business is aware that the Securities and Exchange Commission is proposing Rule 151A under the Securities Act of 1933--a rule that will require the most popular types of index annuities to be registered as securities...
July 29, 2005
CANNEX Adds Integrity QuotesCANNEX Financial Exchange Ltd. has added live, guaranteed price quotes for single-premium immediate annuities issued by Integrity Life Insurance Company.[@@]Integrity, Louisville, Ky., issues a ...
July 29, 2005
Genworth Paints Mied Picture Of SalesLively sales of term life insurance and fixed annuities helped Genworth Financial Inc. overcome weak benefits sales during the second quarter.[@@]Genworth, Richmond, Va., is ...
July 29, 2005
Fied Annuity Sales Plateau At Jefferson-PilotLow interest rates squeezed earnings at Jefferson-Pilot Corp. during the second quarter.[@@]Jefferson-Pilot, Greensboro, N.C., is reporting $137 million in net income for the latest ...
July 28, 2005
Phoeni Benefits From Better UnderwritingImproved mortality experience and higher asset management margins helped drive a 56% increase in earnings at Phoenix Companies Inc. during the second quarter.[@@]Phoenix, Hartford, ...
July 27, 2005
Indeed Annuity Sales Soar At AmerUsAn increase in benefits expenses hurt net earnings at AmerUs Group Company during the second quarter, but sales of the company's core indexed annuities ...
July 27, 2005
Reaction Fires Up To NASD Notice On EIAsIndex annuity executives are questioning the purpose, usefulness and effect of new guidance on equity index annuities (EIAs) issued by the National Association of ...
July 27, 2005
Presenting Inde Annuities: Be Clear About Their RoleFixed index annuities are here to stay, their popularity fueled by consumer demand for a financial product that has guarantees. They are not equities ...