'The long end of the curve will stay stable but the front end of the curve will go up, so that we’ll have eventually have 2.5% at the short end and a long end between 2.5% and 3%,' predicted a BNP Paribas managing director recently. (Pictured: Janet Yellen.)
“Almost every major variable annuity writer has absorbed large write-downs on ‘policyholder behavior assumption updates,’” said a Munich Re executive. “So how do we take out that risk?”
At the Society of Actuaries Equity-Based Insurance Guarantees conference in Chicago this week, the use of 'predictive modeling' to unearth buried or cryptic data was strongly encouraged.
With his new venture, ReLIAS LLC, the well-known retirement scholar-turned-entrepreneur Mark Warshawsky plans to market a process for helping retirees build ladders of single premium immediate annuities with part of their savings.
Historically, third-quarter sales have been soft for variable annuities. Declines from the second quarter have occurred in each of the last ten years and declines from the previous third quarter have occurred in each of the last four years.
To learn more about the link between physically demanding jobs and early retirement, researchers at the Center for Retirement Research developed a “Susceptibility Index” that assigns ratings to different occupations.
"Insiders are spending loads of shareholders’ money on takeovers and buybacks, but they’re selling hard with their own money,” said David Santschi, CEO of TrimTabs.