Sun Life's decision to exit the VA and life insurance businesses in the U.S. came as a big surprise. The Canadian outfit's departure also leaves distributors hurting for choices.
New customers must have paperwork signed by Sunday to get the old rate
Company plans to roll out its first fixed indexed annuity but must prep bulk of 82,000 reps first; 'large universe of salespeople'
$8.6B in 3Q is another record breaker for variable annuities; insurer's already pared back GMIB Max twice
More info, less paperwork would be helpful; 'actionable ideas' highly prized
Investment products must generate income streams; advisers still on the fence about annuities, however
Once-demonized carrier slowly restoring its brand; 'even Charlie Sheen got another shot'
Jackson National takes top spot; Pru at No. 2
A 76-year-old insurance agent is facing nearly a century of prison time after pleading guilty to securities fraud stemming from the sale of unregistered securities and fake investments.
The catastrophe bond market appears set to rebound during the second half this year despite a slower pace during the first half
Although analysts are trimming third-quarter-earnings estimates for many life insurers, most remain upbeat about the long-term prospects for the sector
Smaller variable annuity writers are expected to give the big boys a run for their money in the battle for market share
MetLife Inc., the top seller of variable annuities, is seeking permission from regulators to sell two new income benefits featuring lower withdrawal percentages for its variable annuity riders.
Insurance and investment veteran Michael Kiley, who will take the helm of Security Benefit Corp. on Sept. 30, is setting his expectations high.
With key 10-year Treasury yields touching an all-time low, insurers may have to rein in annuity benefits even further. That's bad news for the carriers -- not to mention brokers and clients.
Up Total Return Funds holdings in U.S. debt to 10%; backs off cash, money-market funds
Competing priorities and procrastination put life insurance on the back burner; substantial selling opp for advisers
Variable annuities with lifetime income guarantees are hot as a pistol, as investors look to steer clear of an unpredictable -- and tempestuous -- stock market
