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Sun Life’s surprise exit darkens mood of insurance sellers
Sun Life's decision to exit the VA and life insurance businesses in the U.S. came as a big surprise. The Canadian outfit's departure also leaves distributors hurting for choices.
Transamerica hiking fees on two VA riders
New customers must have paperwork signed by Sunday to get the old rate
Will the sales force be with you? Primerica faces big hurdle with annuity launch
Company plans to roll out its first fixed indexed annuity but must prep bulk of 82,000 reps first; 'large universe of salespeople'
Impaled rider: MetLife could slash popular VA benefit yet again
$8.6B in 3Q is another record breaker for variable annuities; insurer's already pared back GMIB Max twice
What advisers want — and don’t want — from VA sellers
More info, less paperwork would be helpful; 'actionable ideas' highly prized
What is mailbox money – and why is it crucial to retirement?
Investment products must generate income streams; advisers still on the fence about annuities, however
‘AIG’ no longer MIA as insurer revives name in commercial
Once-demonized carrier slowly restoring its brand; 'even Charlie Sheen got another shot'
Advisers most loyal to this VA provider
Jackson National takes top spot; Pru at No. 2
Insurance agent to face 99 years in prison for selling phony annuities
A 76-year-old insurance agent is facing nearly a century of prison time after pleading guilty to securities fraud stemming from the sale of unregistered securities and fake investments.
More catastrophe bonds likely with investor demand strong
The catastrophe bond market appears set to rebound during the second half this year despite a slower pace during the first half
Analysts reduce earnings outlook for life insurers
Although analysts are trimming third-quarter-earnings estimates for many life insurers, most remain upbeat about the long-term prospects for the sector
Variable annuity market preps for features arms race
Smaller variable annuity writers are expected to give the big boys a run for their money in the battle for market share
MetLife seeks reduced income-benefits for VAs
MetLife Inc., the top seller of variable annuities, is seeking permission from regulators to sell two new income benefits featuring lower withdrawal percentages for its variable annuity riders.
Ratings aside, new Security Benefit CEO aims for stronger retirement product presence
Insurance and investment veteran Michael Kiley, who will take the helm of Security Benefit Corp. on Sept. 30, is setting his expectations high.
Puny Treasury yields could trigger more cuts to annuities – and agents’ commissions
With key 10-year Treasury yields touching an all-time low, insurers may have to rein in annuity benefits even further. That's bad news for the carriers -- not to mention brokers and clients.
Gross back into Treasuries in a big way
Up Total Return Funds holdings in U.S. debt to 10%; backs off cash, money-market funds
Under-45 crowd way underinsured, survey finds
Competing priorities and procrastination put life insurance on the back burner; substantial selling opp for advisers
Who might pay higher taxes as a result of the debt deal?
The private equity managers, oil companies and high-income earners that have been the Obama administration’s prime targets for…
‘Russian roulette’ fuels surge in lifetime income VAs
Variable annuities with lifetime income guarantees are hot as a pistol, as investors look to steer clear of an unpredictable -- and tempestuous -- stock market
Insurers on more solid footing this time
If the market continues to sink, investors and policyholders can feel more confident about the financial wherewithal of…