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By AP Staff Writer |
January 26, 2012
Insurance stocks dipped after news of continued low interest rates, which make it harder for insurers to pay consumers the higher rates guaranteed in contracts for products such as annuities and universal life policies.
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By Warren S. Hersch |
January 25, 2012
Securian Financial Group, St. Paul, Minn. (SECUP), has debuted SecureOption Focus, a fixed deferred annuity that offers a choice of initial guarantee periods, a return of premium guarantee and a bonus interest rate in the one-year guarantee period.
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By Elizabeth D. Festa |
January 19, 2012
Usually regulatory allies, MetLife and Prudential find themselves at odds over whether contingent deferred annuities should be formally classified as annuities or as financial guaranty insurance.
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By Warren S. Hersch |
January 12, 2012
The report reveals that annuity income earned from the sale of annuities at bank holding companies reached $2.26 billion in the first three quarters of 2011, up from $1.84 billion in the first three quarters of 2010.
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By Marc Silverman, CLU, ChFC |
December 19, 2011
How one advisor is finding success using VAs as alternative investments and legacy-builders for appropriate clients.
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By Warren S. Hersch |
December 16, 2011
The Kehrer-LIMRA survey reports that bank annuity sales increased to $9.2 billion in the third quarter from $8.3 billion in the third quarter of 2010, a 10.8% rise.
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By Warren S. Hersch |
December 12, 2011
Sun Life President and Chief Executive Officer Dean Connor says that a desire to improve returns on shareholders' equity and reduce volatility were among the factors contributing to the company’s market reorientation.
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By Warren S. Hersch |
November 29, 2011
VA net cash flow matches the level achieved in the third quarter of 2007, the IRI survey reports. Year-to-date fixed annuity sales are tracking near 2010 levels.
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By Warren S. Hersch |
November 21, 2011
Asset-based long-term care products have taken on heightened importance in light of the potential repeal of a federal law designed to provide long-term care coverage, according to a Midwestern-based insurer.
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By Warren S. Hersch |
November 17, 2011
While third quarter VA sales were 2% lower than second quarter results, VAs performed significantly better than the market, which was down 15%, the LIMRA report finds.
