Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Fied Annuity Buyers Prefer 1-Year Guarantees (Updated)
By Staff WriterConsumers who buy fixed annuities still seem to be expecting an increase in interest rates.[@@]A few years ago, when interest rates seemed to be ...
June 14, 2005
N.H. Commissioner: Need For EIA ProtocolsProducts with elements of insurance and securities prompt questionsNew Hampshire Insurance Commissioner Roger A. Sevigny says his department will start meeting informally with the ...
June 14, 2005
1Q Fied Annuity Sales SlideCompared with 4th quarter 2004 results, sales of fixed annuities in the 1st quarter of 2005 were down 15% for all types of fixed ...
June 14, 2005
Insurer Adds Annuity For New York ResidentsSBLI USA Mutual Life Insurance Company Inc. has introduced the Select Choice annuity.[@@]SBLI, New York, says it will be selling the single-premium, tax-deferred annuity ...
June 14, 2005
Challenge On Annuity Surrender ChargesBostonRegulators discussing the proper annuity nonforfeiture rate were challenged by one of their own to put that issue aside and concentrate on the sale ...
June 10, 2005
Regulators Talk About Annuity Suitability RulesSome regulators are asking whether they should be talking about minimum annuity nonforfeiture interest rates at a time when some older consumers are buying ...
June 10, 2005
Securian Merges Annuity UnitsSecurian Financial Group is combining its individual annuity and retirement plan businesses.[@@]The combined unit, the new Security Retirement Savings unit, will include Securian departments ...
June 09, 2005
Aviva Offers Breakthrough EIAAviva Life Insurance Company is selling an equity-indexed annuity designed to provide enhanced growth potential when index returns are strong.[@@]Aviva, North Quincy, Mass., says ...