Annuity Market News articles from February 2007

Annuity Market News archives from February 2007

Outlook for the Future of Income Annuities: Annuity Hybrids, Ladders and Defaults.(Conference news)
February 1, 2007... The best way to spark demand for income annuities in the United States is: a) Offer income annuities to retirement plan participants. b) Combine income annuities and long-term care insurance into one product. c) Teach advisers how...

A Perfect Storm for Allianz Life: Hit by Lower Sales, Loss of CEO, $5 Million Fine.(Allianz Life Insurance )(Mark Zesbaugh )
February 1, 2007... Within one week in mid-December, Allianz Life Insurance, the Minneapolis-based unit of German-based Allianz and the leading seller of fixed indexed annuities in the U.S. for more two years, was the subject of two sudden announcements. On...

Longevity Insurance in a VA Wrapper: New York Life's New Annuity Sweetens a Bitter Pill'.(variable annuity)
February 1, 2007... At a time when many insurers are adding lifetime income benefits to their variable annuity products, New York Life is venturing in a different direction. It's adding a longevity insurance rider to its popular new LifeStages bonus variable...

More Predictions for the New Year: An addendum to January's Outlook for 2007.(Lincoln Financial Corp.'s Income trusts)(growth forecast fo Institutional market)(professor Jeffrey Brown on pension reforms)(Editorial)
February 1, 2007... In the January 2007 issue of Annuity Market News, some of the insurance industry's best minds shared their predictions for the year ahead. In fact, they offered us more predictions than we had room to print. So we decided to bring the rest of...

Riding the Bull Market to Big Bucks: 3Q Another Robust Quarter for Variable Annuities.(Statistical data)
February 1, 2007... Sustained by a bull market and popular riders, variable annuities enjoyed strong sales in the third quarter of 2006, though not quite as robust as in the second quarter, when new sales, including exchanges, crested above the $40 billion mark....

Secondary Market Gives Annuity Holders Room to Move.
February 1, 2007... Turning an annuity into fast cash was problematic in the past, but that's changing thanks to the emergence of a secondary market that has its roots in the structured settlement business. The primary players include J.G. Wentworth of Bryn Mawr,...

Tax-Deferred Investing a Sound Alternative to Prepaying Mortgages.
February 1, 2007... Thirty-eight percent of all households prepaying their home mortgages may be making a mistake, according to a recent study by the National Bureau of Economic Research of Cambridge, Mass. A significant number might perform tax arbitrage by...