Dissecting The Annuity Market
{January 2nd, 2015} by HT Media Ltd.
U.S., Dec. 21 — How did your business fare in the annuity market in 2014 compared with other annuity management providers? According to the Financial Planning Association, 29 percent of financial planners either advised their new clients to choose fixed annuities, or have current clients in fixed annuity vehicles. Four years ago, that number was […]
Re-Think The Group-Think On Young Annuity Buyers
{January 2nd, 2015} by Linda Koco
The year 2014 closes with a return to a discussion of whether younger adults, in their early-50s and or late-40s, are candidates for annuity ownership. Only this time, the focus turns to even younger adults — people in their 20s and 30s. Might individual annuities be an option for them? The industry group-think says that […]
A.M. Best Co. Affirms A (Excellent) Rating For Insurance Companies of National Life Group
{January 2nd, 2015} by National Life Group
Montpelier, Vermont – Dec. 8, 2014 – A.M. Best has affirmed the financial strength rating of A (Excellent) for National Life Insurance Company and Life Insurance Company of the Southwest, the two insurance companies of National Life Group. This is the third highest of A.M. Best’s 16 ratings. “Our financial strength is a measure of […]
Beacon Research: US Sales of Fixed Annuities Fall 3.5% in Third Quarter
{January 2nd, 2015} by Fran Matso Lysiak, senior associate editor, BestWeek: fran.lysiak@ambest.com
WASHINGTON – Third-quarter 2014 total sales of fixed annuities in the United States dropped to $21.68 billion, down about 3.5% from the same period a year ago while the indexed variety made up 53.8% of all sales in the period, according to Beacon Research. Separately, Limra’s Secure Retirement Institute said total sales of fixed annuities […]
YEAR-TO-DATE Indexed Annuity Sales Greater Than Any Full Year But 2013
{January 1st, 2015} by Wink, Inc.
Wink, Inc. Releases Third-Quarter 2014 Indexed Sales Results Forty-seven indexed annuity carriers participated in the 69th edition of Wink’s Sales & Market Report, representing 99.8% of indexed annuity production. Total third-quarter sales were $11.4 billion. Third-quarter indexed annuity sales were down 8.58% when compared to the previous quarter, and up 14.28% when compared to the […]
