Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Bank Annuity Sales Drop In April
By Staff WriterA sharp drop in variable annuity sales sent bank annuity sales falling 15% in April.[@@]Banks and savings institutions sold $3.5 billion in annuities in ...
July 05, 2005
Indeed Annuity Offers Nursing Home And Terminal Illness RidersConseco Insurance Company has introduced an equity indexed annuity with features designed to appeal to consumers who want some access to their cash.[@@]The annuity, ...
July 01, 2005
Pacific Life Hires RitondoPacific Life Insurance Company has hired Christopher Ritondo to be a senior account manager for regional brokerage firms and wirehouses in its Eastern region.[@@]Ritondo ...
July 01, 2005
Fraternal Adds 7 FundsThe investment management arm of Thrivent Financial for Lutherans is introducing 4 asset-allocation funds and 3 other mutual funds.[@@]The 4 new asset-allocation funds will ...
July 01, 2005
Phoeni Aims To Simplify Annuity ChoicesA new line of variable annuities from the Phoenix Companies Inc. is part of a plan to make it easier for clients to buy ...
June 30, 2005
MetLife Closes On Travelers Life DealMetLife Inc. has completed a deal to acquire the Travelers Life & Annuity business and most international insurance operations from Citigroup Inc. for $11.8 ...
June 30, 2005
John Hancock Enters Into Advisory Role For GMOThe U.S. wealth management division at John Hancock Financial Services says it will be offering 8 mutual funds run by managers at GMO L.L.C., ...
June 29, 2005
Indeed Annuity Sales Soar In Banks In First QuarterU.S. banks increased sales of equity indexed annuities by 79% in the first quarter, well above the growth rate for EIAs in other channels, ...