Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Consultant: VA Reinsurance Remains Tight
By Jim ConnollyReinsurance for variable annuities with guarantees continues to be scarce and costly.[@@]That's the assessment of David Hopewell, a senior actuarial advisor in the Philadelphia ...
July 01, 2005
Fraternal Adds 7 FundsThe investment management arm of Thrivent Financial for Lutherans is introducing 4 asset-allocation funds and 3 other mutual funds.[@@]The 4 new asset-allocation funds will ...
July 01, 2005
Phoeni Aims To Simplify Annuity ChoicesA new line of variable annuities from the Phoenix Companies Inc. is part of a plan to make it easier for clients to buy ...
June 30, 2005
MetLife Closes On Travelers Life DealMetLife Inc. has completed a deal to acquire the Travelers Life & Annuity business and most international insurance operations from Citigroup Inc. for $11.8 ...
June 30, 2005
John Hancock Enters Into Advisory Role For GMOThe U.S. wealth management division at John Hancock Financial Services says it will be offering 8 mutual funds run by managers at GMO L.L.C., ...
June 29, 2005
Indeed Annuity Sales Soar In Banks In First QuarterU.S. banks increased sales of equity indexed annuities by 79% in the first quarter, well above the growth rate for EIAs in other channels, ...
June 29, 2005
VA Reinsurance Remains Tight, Consultant AssertsThe availability of reinsurance for variable annuities with guarantees continues to be scarce and costly, according to David Hopewell, a senior actuarial advisor with ...
June 29, 2005
Hancock Offers Fied Annuity Bonus RatesJohn Hancock Life Insurance Company is trying to whet customers' interest in its fixed annuities.[@@]Hancock, Boston, is introducing a first-year bonus interest rate for ...