Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Lawyer Eplains New Florida Offshore Insurance Rules
By Staff WriterA Miami lawyer says Florida's new offshore insurance law will help the state's existing offshore banking and securities operations.[@@]Earlier this month, the new state ...
July 22, 2005
Industry To Fight Proposed VA Suitability RegulationsThe American Council of Life Insurers will be asking federal regulators to reject a proposed variable annuity sales suitability regulation developed by the National ...
July 21, 2005
SEC Allows Only 3 Weeks For VA Suitability Rule CommentsFederal regulators are preparing to impose special suitability requirements on the sale of variable annuities along with requirements that broker-dealers and supervisors do more ...
July 21, 2005
Allstate Warns About Fied AnnuitiesThe Allstate Corp. says it is doing well but has concerns about fixed annuities because of continuing weakness in fixed annuity spreads.[@@]Tough competition and ...
July 21, 2005
SEC Requires Separate Tags For Separate AccountsThe U.S. Securities and Exchange Commission wants manufacturers of variable annuities and variable life contracts to help it distinguish between the electronic filings of ...
July 20, 2005
AEFA Fills Distribution PostsAmerican Express Financial Advisors has hired 2 vice presidents.[@@]One of the new executives, Marty Griffin, will be general manager of outside product distribution. The ...
July 20, 2005
How Old Is Too Old To Buy A Deferred Annuity?Controversy continues regarding sales of deferred annuities--particularly deferred variable annuities to seniors (usually defined as those over age 70).In recent times, regulators--including state insurance ...
July 20, 2005
Fitch Discusses VA MarketFitchAug04jcBanner--RatingsOffers Details On New Stochastic Fitch ModelFitch Ratings detailed its new stochastic model to analyze VA capital requirements and discussed the shift in how ...