Variable Annuities
Variable annuity news and analysis, including coverage of registered indexed linked annuity (RILA) contracts.
VA Reinsurance Remains Tight, Consultant Asserts
By Jim ConnollyThe availability of reinsurance for variable annuities with guarantees continues to be scarce and costly, according to David Hopewell, a senior actuarial advisor with ...
June 27, 2005
New York Subpoenas Hartford FinancialThe New York attorney general's office is asking Hartford Financial Services Group Inc. about sales of variable annuities.[@@]The office has sent Hartford Financial, Hartford, ...
June 08, 2005
RBC Project Moves Ahead For Variable Annuities With GuaranteesA 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 ...
May 25, 2005
McCamish Takes Over Administration Of Old Mutual VA AssetsMcCamish Systems L.L.C. says it has taken over administrative services for a block of variable annuities from the Old Mutual Financial Network.[@@]McCamish, Atlanta, is ...
April 29, 2005
Waddell & Reed Agrees To $32.5 Million In SettlementsWaddell & Reed Financial Inc. says it will spend about $32.5 million to settle litigation triggered by past efforts to cut ties with another ...
April 28, 2005
Investors Flock To Lifestyle OptionsNU Online News Service, April 28, 2005, 3:10 p.m. EDTING Annuities says holders of about 33% of its new variable annuity contracts are choosing ...
April 18, 2005
Missouri Seeks Stricter VA RulesNU Online News Service, April 18, 2005, 12:35 p.m. EDTThe Missouri Department of Insurance has proposed requiring insurers to issue suitability statements for the ...
April 15, 2005
Bank EIA Sales SoarNU Online News Service, April 15, 2005, 2:15 p.m. EDTBank sales of equity indexed annuities climbed to $259 million in the fourth quarter of ...