Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Reaction Fires Up To NASD Notice On EIAs
By Linda KocoIndex annuity executives are questioning the purpose, usefulness and effect of new guidance on equity index annuities (EIAs) issued by the National Association of ...
July 26, 2005
Kehrer: Bank Annuity Sales Fall 27%Banks sold $3.2 billion in fixed and variable annuities in May, down 27% from the $4.4 billion total for May 2004.[@@]Bank and savings institution ...
July 26, 2005
AXA Financial Hires Web Brokerage VeteranAXA Financial Inc. has hired a former dot-com chief executive to be an executive vice president and head of marketing and product development.[@@]The executive, ...
July 25, 2005
Fied Annuity Database Adds CarriersBeacon Research Publications Inc. is putting information from more fixed annuity issuers into its AnnuityNexus FA database.[@@]Beacon, Evanston, Ill., is adding FA information from ...
July 25, 2005
Sun Life Adds EIA With Credit Protection FeatureSun Life Financial U.S. has introduced the SunDex ProVantage equity indexed annuity.[@@]Sun Life Financial U.S., Wellesley Hills, Mass., will be issuing the annuity through ...
July 25, 2005
Lawyer Eplains New Florida Offshore Insurance RulesA Miami lawyer says Florida's new offshore insurance law will help the state's existing offshore banking and securities operations.[@@]Earlier this month, the new state ...
July 22, 2005
Regulators Ponder Reserving PrinciplesMembers of the American Academy of Actuaries have drafted a statement of principles that actuaries, insurers and regulators can use to set and assess ...
July 22, 2005
Harford B-D Unit Adds Sales ManagersWoodbury Financial Services has named 6 new regional sales directors.[@@]Woodbury, the broker-dealer arm of Hartford Financial Services Group Inc., Hartford, says the new regional ...