Posts Tagged ‘indexed annuities’
2012 Annuity Sales Are a Mixed Bag
While a number of annuity markets experienced record sales in 2012, total annuity sales dropped 8 percent, tallying $219.4 billion, according to LIMRA's fourth quarter 2012 U.S. Individual Annuities Sales survey. For the fourth quarter, total annuity sales were $52.6 billion, a decline of 8 percent from the previous year. Indexed annuity sales [...]
Consumers Demand Indexed Annuities
The insurance industry’s efforts to combat the negative press on indexed annuities are becoming successful. Our hard work of publishing numerous factual articles on these products is paying off! Finally, consumers have some small way to research indexed annuities on their own. They have access to credible and reliable information, which allows [...]
Who Is Selling the Most Indexed Annuities?
Allianz Life Insurance Company has been named as the top spot in fixed equity indexed annuity sales for the second quarter. Aviva, American Equity, Security Benefit Life, and GAFRI rounded out the top five. Some companies were a bit of a surprise in this top 10 list while others were expected and typically have the highest indexed annuity sales. [...]
Hartford to Exit the Annuity Business
Hartford Financial Services has announced that it would exit its annuity business and consider a sale of a large portion of it's life insurance operation. They will cease new annuity sales in April. However, for people who own Hartford's fixed or indexed annuities, it means that Hartford is still obligated to protect its exisiting customers and [...]
