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2009 Variable Annuity Outlook from NAVA

NAVA (the Association for Retirement Solutions) has released its annual predictions for the variable annuity industry. President and CEO Cathy Weatherford predicts that demand for VA insurance guarantees–such as guaranteed lifetime income benefits, beneficiary protection, and VA living benefit guarantees–will keep growing, even in these …

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NAVA: Variable Annuities Slump in Third Quarter

The Association for Insured Retirement Solutions, also known as NAVA, has released its latest data on the variable annuity industry. Their third quarter figures for show that variable annuities have taken a beating in the midst of economic uncertainty and troubled financial markets: Decreased value …

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Life Insurers Buy S&L Institutions To Get Federal Money

Hartford Business Journal’s Greg Bordonaro has mentioned the recent trend in major life insurance companies acquiring small savings and loan institutions. Lincoln National, Hartford Financial, and Genworth Financial are among those that have recently bought up S&Ls. The acquisitions make life insurers eligible for funding …

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Happy Holidays From Annuity FYI!

No matter what you celebrate, we at the Annuity FYI Visitor blog wish you a peaceful holiday. (Photo credit: kimberlyfaye under CC 2.0)