Allianz's new indexed annuity could be a forerunner for how insurers will seek to keep assets in-house as baby boomers are forced to withdraw retirement savings.
A surge in fixed and indexed annuity sales last year helped AIG boost its annuity sales by $4.1 billion.
Firm is trying to shift its business mix, freed up $200 million in capital.
Most advisers have a tough time discussing health issues with clients — and that imperils them.
Sales broke a record last year despite rules that observers believed would slow them down.
Insurers may turn to direct-to-consumer sales only, bypassing brokers and insurance agents.
Berkley FinSecure says its anti-embezzlement policy is a first.
Life insurance organization argues automatic plans would be 'marketplace solution,' not big government.
The announcement comes a year after GE said it would need to inject roughly $15 billion to shore up its long-term care reserves.
Financial advisers get creative to keep their conservative clients from losing ground to inflation.
Advisers can deliver more value to a client in a world of increasingly integrated health and retirement benefits.
Researcher Devenir says number of accounts grew 13% last year to 25 million.
Measure would replace almost all private health insurance.
There is no annual limit on out-of-pocket costs under Medicare Part D.
Increasing costs for customers and trying to get out of contractual guarantees have become commonplace for insurers.
The VAs are at the heart of an ongoing dispute with brokers and broker-dealers over canceled trail commissions.
Rising interest rates and a volatile stock market pushed 2018 sales to a record, including all-time-high indexed annuity sales.
Investor advocate calls insurance proposal weaker than existing broker suitability standard
Advisers wonder what the lack of a formal brokerage agreement means from a regulatory standpoint.
