Fixed and variable annuity sales at banks rose to $4.2 billion in October, a 14% gain.
Peter Smyth is now senior vice president and director of strategy, development and operations for international wealth management.
Catherine J. Weatherford, executive vice president and chief executive officer, will earn $370,000.
After an outcry from member B-D firms, FINRA proposed pushing back a section of the rule to Aug. 4.
Jackson National Life Insurance Co. today added a pair of new portfolios to its retail mutual fund lineup.
The insurance company's president and chief executive, Michael G. Cherkasky, will step down.
America’s Health Insurance Plans today unveiled a proposal to provide health insurance coverage to more people.
That’s a 15.3% gain from the same period last year, when net assets for variable annuities were $1.3 trillion.
America’s Health Insurance Plans has unveiled a proposal to provide health insurance coverage to more people.
The products give “windows of opportunity” to withdraw from the policy without incurring surrender charges.
Aon's Combined Insurance will be sold to ACE for $2.4 billion and Munich Re is buying its Sterling unit for $352 million.
The mind-set of clients presents a significant stumbling block to advisers who recommend annuities as a retirement-planning tool.
Elder-law attorneys are concerned that the new year will bring new rules in a number of states regarding how — and if — immediate annuities can work with Medicaid eligibility and planning.
The insurance trade groups will join under the umbrella of LL Global but each will keep its name.
The Hartford announced today that it is purchasing Boston-based Sun Life Retirement Services Inc.
A 37-year veteran of the life insurance industry, Daniel J. Toran, 59, spent 12 years with the Horsham, Pa.-based company.
The Hartford announced plans today to acquire TopNoggin, a technology firm based in Powell, Ohio.
The Life and Health Insurance Foundation for Education yesterday chose Marvin H. Feldman as the group’s president and CEO.
MetLife will now distribute its retail-deferred income annuity through the carrier’s independent distribution arm.
The insurance firm forecast core per-diluted-share earnings in the $9.80 to $10.20 range.
