Variable annuity assets increased by the largest margin in 17 years in the second quarter of 2009, according to Andrew Frye of Bloomberg.com. His article “Variable Annuity Assets Advance Most in 17 Years,” lists the main reasons as a stock market rise and an increase …
In “A Chat with Jackson’s Clifford Jack,” Kerry Pechter of the Retirement Income Journal interviewed Jackson National Life’s Executive Vice President, Clifford Jack. Jackson is one the U.S.’s top fixed and variable annuity issuer. With a Moody’s rating of A1 (Good) and $3.4 billion in …
In a company press release entitled “John Hancock Expands Fixed Annuity Portfolio With New JH Signature Product,” the new JH Signature fixed annuity was introduced by John Hancock Financial’s Fixed Products Group. The product is a guaranteed annuity with modifications. JH Signature combines multiple ‘rate …
Massachusetts Mutual Life Insurance Company has a new President and CEO, according to Insurance News Net‘s article “Mass Mutual’s Incoming CEO Will Draw on Experience to Lead Through Crisis.” Roger W. Crandall has been with the company in many different capacities since 1988, so he …
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