Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
November 19, 2024
Annuity Beneficiary Sues Reinsurer Over Payment TimingAn administrator now processes all payments at the end of the month. The plaintiff says that violates his contract.
November 15, 2024
Trump's Win Made States' New Annuity Sales Rules a Big DealRegulators will talk in Denver next week about how the new Reg BI-like laws will really work.
November 14, 2024
FINRA Fines BBVA Securities for Failing to Monitor Annuity Exchange RatesThe broker-dealer did not have an adequate supervisory system in place, the regulator found.
November 14, 2024
U.S. Makes Peace With International Insurance Capital Standards GroupThe preliminary deal could protect life and annuity products from new rules that might make them look shaky.
November 13, 2024
Apollo CEO Worries About Insurers Heading to Cayman IslandsMarc Rowan, the head of the company that owns Athene, has concerns about how the jurisdiction counts capital.
November 12, 2024
Principal Names Deanna Strable CEODan Houston will continue to be the chairman of the company, which has $1.7 trillion under administration.
November 08, 2024
PGIM Taps Morgan Stanley Exec as Next CEOJacques Chappuis will take the helm of the Prudential Financial asset management unit on May 1, 2025, replacing David Hunt.
November 07, 2024
Fed Cuts Rates; Powell Says He Wouldn't Resign If Asked By TrumpFederal Reserve Chair Jerome Powell said removal or demotion of any Fed board leader is "not permitted under the law."
November 06, 2024
T. Rowe Price Watches Some Variable Annuity Assets Fade AwayTo its CEO, fixed income opportunities with insurance companies look good.