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It’s Crunch Time for Annuity Issuers: Conning Research

by Editorial Staff

Wed, May 12, 2010

"Premiums have actually declined, and rebuilding them will be a challenge," said Conning's Scott Hawkins.

Prudential Financial Nets $536m in 1Q 2010

by Editorial Staff

Wed, May 12, 2010

Individual annuity gross sales for the quarter just past were $4.9 billion (up from $2.2 billion a year ago), while net sales were $3.2 billion (up from $643 million a year ago.)

Milliman Proposes “Simple, Obvious” In-Plan Annuity Fix

by Editorial Staff

Wed, May 12, 2010

"The life insurance companies have a big opportunity here," said Ken Mungan of Milliman. "They should jump on it."

Post-Crisis, Greeks Face Longer Work Lives

by Editorial Staff

Wed, May 12, 2010

Today, the police, harbor workers, security services and journalists for the state media can retire in their 50s. Starting in 2013, these privileges will be abolished.

Jackson National Tailors GMWB for the Tax-Conscious

by Editorial Staff

Wed, May 12, 2010

The new living benefit allows contract owners to withdraw enough to offset all or part of the income tax on their distributions.