Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
2nd Quarter Variable Annuity Sales Rose 5.8% Over 1st Quarter
By Frank OconnorVariable annuity new sales were $33.2 billion in the 2nd quarter of 2005, a 5.8% increase over 1st quarter sales of $31.1 billion and ...
August 08, 2005
NASD Asks EIA Sellers To Police Their RepsThe National Association of Securities Dealers has released a long-awaited discussion about when securities dealers should treat equity indexed annuities as securities rather than ...
August 05, 2005
Japan, Benefits Come To Fore At Hartford LifeManagers of the life operations at Hartford Financial Services Group Inc. wrung a 13% increase in revenue out of their business in the second ...
August 05, 2005
Stable Value Sales Boom At ProtectiveProtective Life Corp. quadrupled sales of stable value products in the second quarter, but changes in the value of the derivatives used in a ...
August 05, 2005
SEC Gives Insurers More Time To Review VA ProposalThe U.S. Securities and Exchange Commission and the National Association of Securities Dealers have agreed to extend the comment period for a proposed variable ...
August 04, 2005
Investments Buoy Nationwide FinancialNationwide Financial Services Inc. posted a sharp increase in second-quarter profits despite large cash outflows at its annuity operations.[@@]Nationwide, Columbus, Ohio, is reporting $141 ...
August 04, 2005
Indeed Annuity Issuer Benefits From Wider SpreadsExpirations of annuities with high minimum return guarantees pushed up profits at American Equity Investment Life Holding Company during the second quarter.[@@]American Equity, West ...
August 04, 2005
Strong VA Sales Aid PruStrong variable annuity earnings and a solid performance by the Wachovia securities distribution channel fueled a 30% increase in second-quarter profits at Prudential Financial ...