Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Firm Markets Annuity Purchase Program
By Staff WriterJ.G. Wentworth & Company Inc. says it now is buying annuities in 47 states.[@@]Insurance agents and brokers can help consumers sell all or part ...
December 01, 2005
EIA Issuer to Raise %24170 MillionAmerican Equity Investment Life Holding Company says it plans to sell 13 million shares of common stock to the public and give the offering ...
December 01, 2005
MetLife Offers Income Inflation ProtectionMetropolitan Life Insurance Company is introducing an income annuity feature that can protect purchasers against rapidly rising prices.[@@]Metropolitan Life, a unit of MetLife Inc., ...
November 30, 2005
Phoeni Withdrawal Benefit Can Protect SpouseThe Phoenix Companies Inc. has introduced a deferred variable annuity with a living benefit rider that can guarantee income for a surviving husband or ...
November 28, 2005
Firm Adds Annuity Web Order%2DEntry ToolFinetre Corp. has released the AnnuityGateway Solution system.[@@]The system gives annuity issuers the ability to offer distributors access to a Web-based annuity order-entry tool.The ...
November 23, 2005
VA Sales Up 1%, FA Sales Down 8% Year-To-DateIndividual annuity sales dropped 3% year-to-date through September 2005 when compared to the same period in 2004.The overall total of $162.5 billion was comprised ...
November 23, 2005
Combined VA Reserving Proposal EposedChicagoRegulators voted to expose a draft of an actuarial guideline for reserving of variable annuities with living benefits that incorporates a proposal of the ...