Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
MetLife Unveils VA Living Benefit Rider
By Staff WriterMetLife Inc. has introduced a guaranteed minimum accumulation benefit variable annuity contract option.[@@]The rider can protect principal and some asset growth for MetLife VA ...
November 17, 2005
Companies To Market New Type Of Life ProductRGA Reinsurance Company and Future System Advisors L.L.C. have picked McCamish Systems L.L.C. to administer policies for a new life insurance product.[@@]Details about the ...
November 16, 2005
Lenders Will Wait For BISYS FinancialsA company that sells support services to life insurers and other financial services companies has persuaded the issuers of its credit line to relax ...
November 16, 2005
NAIC Acts on Annuities, Limited Term ResolutionChicagoAmong the actions taken by regulators at the National Association of Insurance Commissioners' winter meeting were the adoption of the annuity nonforfeiture model regulation, ...
November 16, 2005
Annuity Benefits Paid On The RiseThe annuity benefits that insurers are paying out to contract holders are edging close to $50 billion annually, according to data in annual statement ...
November 16, 2005
3rd Quarter Variable Annuity Sales Were Unusually StrongNew sales were up 12.6% over 3Q last yearVariable annuity new sales of $33.5 billion in the third quarter were just a shade above ...
November 15, 2005
Hartford Jumps Into Lifetime Withdrawal FrayHartford Financial Services Group Inc. is leaping into the competition to give consumers more options for generating lifetime retirement income streams.[@@]Hartford, Hartford, is introducing ...
November 15, 2005
Indeed Annuity Sales Edge LowerTotal U.S. sales of equity indexed annuities and other indexed annuities fell to $6.9 billion during the third quarter, down 2% from the total ...