It’s Crunch Time for Annuity Issuers: Conning Research
Wed, May 12, 2010
"Premiums have actually declined, and rebuilding them will be a challenge," said Conning's Scott Hawkins.
Wed, May 12, 2010
"Premiums have actually declined, and rebuilding them will be a challenge," said Conning's Scott Hawkins.
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.)
Wed, May 12, 2010
"The life insurance companies have a big opportunity here," said Ken Mungan of Milliman. "They should jump on it."
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.
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.