Fixed Annuities
Fixed annuity news and analysis, with coverage of book value annuities, multi-year guaranteed annuity (MYGA) contracts, immediate annuities, deferred income annuities (including QLACs), and fixed indexed annuities.
Bank Annuity Sales Drop
By Trevor ThomasBank sales of annuities dropped to $3.9 billion in July, from $4.1 billion in July 2003.[@@]Kenneth Kehrer Associates, Princeton, N.J., has published those statistics ...
August 20, 2004
Bank Investment Transaction Sizes SoarBanks are reporting a big increase in average investment product transaction sizes for 2003.[@@]Average transaction sizes increased for almost every investment product category except ...
August 04, 2004
Expense Cuts Improve AmerUs 2Q ProfitsNU Online News Service, Aug. 4, 2004, 4:23 p.m. EDTSteady sales of equity indexed annuities and efforts to cut operating expenses helped AmerUs Group ...
July 30, 2004
Equity Index Annuity Player Reports Higher ProfitsRating hassles may have held down growth at American Equity Investment Life Holding Company, West Des Moines, Iowa, during the second quarter.[@@]The company, best ...
June 21, 2004
Banks Report Lower Annuity SalesBanks are reporting a sharp drop in April annuity sales.[@@]Total bank annuity sales fell 9% from the April 2003 total, to $3.9 billion, according ...
May 27, 2004
Kehrer: IFMG Led Bank TPMs In 2003NU Online News Service, May 27, 2004, 3:23 p.m. EDT -- Assets are still growing at bank third-party marketing operations.[@@]Kenneth Kehrer Associates, Princeton, N.J., ...
May 25, 2004
NYLIAC To Sell 2 New Fixed AnnuitiesNU Online News Service, May 25, 2004, 1:19 p.m. EDT -- New York Life Insurance and Annuity Corp. has introduced 2 single-premium, deferred, fixed ...
May 17, 2004
VA Sales Help Bank Investment RevenueNU Online News Service, May 17, 2004, 6:04 p.m. EDT -- Strong growth in variable annuity sales helped banks hold brokerage revenue steady in ...