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By Warren S. Hersch |
May 18, 2012
Annuity sales in the first quarter of 2012 totaled $54.8 billion, down from $59.5 billion recorded in the first quarter of 2011. Sales of both fixed annuities and variable annuities contributed to the decline.
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By Warren S. Hersch |
April 23, 2012
The conviction of California insurance agent Glenn Neasham of felony theft after selling an annuity to an 83-year-old senior suffering from dementia could herald greater due diligence for producers.
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By Maria Wood and Corey Dahl |
April 18, 2012
Producers and industry experts explain how an Aviva U.S.A. sale would impact their business — and what they'll say to clients if it happens.
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By Brian Anderson |
April 1, 2012
One lesson to take from the Glenn Neasham case? Producers are on their own should a problem arise.
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By Bill Coffin |
March 27, 2012
Steve Pelletier is the president of Prudential Annuities, and knows better than anyone the unique challenges and opportunities that face the annuity market as it continues to be the driving force behind the entire life/health industry.
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By Arthur D. Postal |
March 21, 2012
The Hartford Insurance Group is exiting its life business in order to concentrate on its stronger property and casualty operations. The decision is a capitulation to hedge fund manager John Paulson, who has called for a split of the company's life and P&C operations to boost shareholder value.
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By Marvin Feldman, CLU, ChFC, RFC |
March 21, 2012
Income annuities are an ancient idea having a major resurgence in our market.
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By Warren S. Hersch |
March 14, 2012
The report discloses that monthly outflows from annuities in 2011 averaged $5.5 billion. And net cash flows averaged just under $2 billion per month. The top 10 insurance parent/holding companies, the report adds, captured 79% of total inflows.
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By Brian Anderson |
March 1, 2012
A 50 year old today may well think he will live another 40 years to see his 90th birthday — and plan his retirement savings accordingly. But if he makes it to 94, he better find a way to add another $160,000 to that retirement plan.
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By Warren S. Hersch |
February 24, 2012
Annuity inflows processed by DTCC in January declined by more than 20%, to $6.2 billion from $7.8 billion in December. Outflows processed in January declined almost 8% to $5.5 billion from $5.9 billion in December.
