Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
RBC Project Moves Ahead For Variable Annuities With Guarantees
By Jim ConnollyA minimum floor is now part of the C-3, Phase II project proposalBostonVariable annuity risk-based capital requirements that have a minimum floor cleared a ...
June 03, 2005
No-Load VA To Offer Web-Based TradingAmeritas Life Insurance Corp. says it will be introducing a no-load variable annuity that will offer at least 15 free fund transfers per year.[@@]The ...
June 01, 2005
MassMutual Updates VA Accumulation Protection FeatureA large life insurer has rolled out a new version of a variable annuity feature that can protect VA investment earnings along with VA ...
June 01, 2005
1Q VA Sales Took A Bad BounceNew sales of $31.3 billion were 9% lower than 1Q 2004First quarter 2005 new variable annuity sales of $31.3 billion posted a 9% decline ...
June 01, 2005
Rising Tide Of Premiums Lifts Commission TotalsIf a rising tide lifts all boats, then commissions are being lifted by an increase in premiums and considerations.In 2004, the top 50 companies ...
June 01, 2005
1Q Inde Annuity Sales Drop 5%Sales have fallen for 2 consecutive quarters in a rowIndex annuity sales for the 1st quarter of 2005 drew over $6.4 billion in premiums, ...
May 31, 2005
Hoosier State Regulators OK Indiana Standard DealCapital Assurance Corp. is moving ahead with plans to acquire Standard Life Insurance Company of Indiana for $82 million.[@@]Indiana insurance regulators approved the deal ...
May 29, 2005
Copycats Eye Variable Annuity FeaturesIt is arguable that the most popular features to be added to variable annuities in recent years are guaranteed minimum withdrawal benefits.