Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Citigroup Reports Lower 4th Quarter Net Income
By Staff WriterNU Online News Service, Jan. 21, 12:41 p.m. -- Citigroup Inc., New York, is reporting $2.4 billion in net income for the fourth quarter ...
January 13, 2003
SunGard Adds Annuity Administration SoftwareNU Online News Service, Jan. 13, 5:05 p.m. -- SunGard Data Systems Inc., Miami, has introduced SunGard AIMS, a collection of software products designed ...
January 13, 2003
Bank Annuity Slump ContinuesNU Online News Service, Jan. 13, 10:35 p.m. -- Bank sales of annuities continued to falter in November 2002 after setting a record pace ...
January 12, 2003
Kentucky District Court Rules That Index Annuities Are Not SecuritiesKentucky District Court Rules That Index Annuities Are Not SecuritiesByIs an index annuity a security? The question has been quietly kicking about ever since index ...
January 02, 2003
Bank VA Sales Fell In OctoberNU Online News Service, Jan. 2, 3:45 p.m. -- Bank sales of variable annuities fell to $1.1 billion in October 2002, from $1.7 billion ...
December 29, 2002
3Q Fixed Annuity Sales Of $30 Billion Set Another Quarterly RecordByFixed annuity sales set yet another single-quarter record in the third quarter of 2002 with $30 billion in overall fixed annuity sales.The third quarter marked ...
December 20, 2002
Study: VA Sales Literature Needs ImprovementNU Online News Service, Dec. 20, 3:15 p.m. -- Sellers of variable annuities should put more emphasis on VA basics and protection features in ...
December 20, 2002
Prudential Financial To Buy American SkandiaNU Online News Service, Dec. 20, 2:35 p.m. -- Prudential Financial Inc., Newark, N.J., has signed an agreement with Skandia Insurance Company Ltd., Stockholm, ...