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Annuities
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Annuity Sales: The Good and Bad News
February 16, 2012Despite a sour fourth quarter, total annuity sales reached $240.3 billion in 2011, according to a LIMRA survey.
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Polaris Ventures Backs Startup Retirement Income Provider Aimed at RIAs
February 2, 2012Polaris Venture Partners will make a $4 million investment in Aria Retirement Solutions to help it expand its technology platform for independent advisors.
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Bank Holding Companies Hit $2.26 Billion in Annuity Sales
January 12, 2012Bank holding companies earned a record $2.26 billion from the sale of annuities in the first three quarters of 2011, up from $1.84 billion, or 22.6%, from the year-ago period.
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Lifting The Cloud Over Annuities
January 5, 2012Fresh messages about the value of annuities have started to flow from a variety of sources.
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2012 Could Shape Up As Risky Business for Investors
January 5, 2012Investing in 2012 may very well prove to be the year of risky business because of the possible rewards and punishments, according to Prudential Annuities Chief Market Strategist Quincy Krosby.
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Lifting the Clouds Over Annuities
January 3, 2012There are fresh messages about the value of annuitiesbut don't assume your clients are aware of them yet.
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IRI to Federal Insurance Office: Annuities Critical to Retirement
December 17, 2011The IRI said the nations insurance regulatory system needs to be modernized and insurance products, most notably annuities and other insured retirement income products need to be made available to underserved populations.
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CSC Forms Insurance Cybersecurity Advisory Council
December 15, 2011On the heels of reports coming out of Washington on the governments scramble to protect the countrys power grid from cybercriminals, CSC reports the launch of an Insurance Cybersecurity Advisory Council for life insurance and annuity providers and property/casualty insurers.
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Life Insurers Ranked by Market Share
December 14, 2011For the second straight year, MetLife leads life insurers in annuity considerations through the first three quarters, ended Sept. 30, 2011. Prudential Financial and Jackson National Life Group round out the top three in the rankings released by SNL.
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U.S. Life, Annuity Providers Need to Get Creative in 2012
December 8, 2011In 2012, the U.S. life and annuity insurance industry will be challenged to find ways to manage both capital and risk in an economically and politically uncertain year, while continuing to lay the groundwork for future growth, according to Ernst & Young's new Global Insurance Center U.S. Outlook report.
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Fixed Annuity Sales Fall in 3Q, But Some Segments See Increases
December 1, 2011Fixed annuity sales fell 7% in the third quarter to $19 billion, according to Beacon Researchs Fixed Annuity Premium Study. For the year to date, sales fell slightly less than 1% to $58.3 billion.
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Flight to Safety Drives Annuity Sales
November 29, 2011Wealth accumulation is taking a back seat to another important investor goal: having guaranteed retirement income.
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Advisors Poised to Capitalize on Surging Annuity Demand
November 21, 2011Eight in 10 advisors who sell annuities report that they are having more client discussions about retirement income planning than they did five years ago. And those discussions are becoming more emotional, according to a new report, The Evolution of the Annuity Industry," released by the Insured Retirement Institute and Cogent Research.
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Opportunities Abound for Annuity Industry
November 16, 2011Eight in 10 advisors who sell annuities report that they are having more client discussions about retirement income planning than they did five years ago. And nearly two-thirds of advisors currently selling annuities indicate that guaranteed income options are expected to increase in importance over the next five years -- more so than any other factor.
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Variable Annuity Sales Surge in 3Q; Fixed Sales Fall
November 10, 2011The Insured Retirement Institute said third-quarter annuity sales rose to $57 billion in the third quarter, up 5% from the year-ago period. Sales year-to-date were $175.4 billion, up from $163.1 billion in 2010.
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