According to Business Wire press release “For Consumers Nearing Retirement: New Allianz Life Annuity Can Generate Income After Just 5 Years”, Allianz Life Insurance Company of North America is adding to the fixed annuities market with its Endurance Elite product. Endurance Elite is geared towards …
Fixed annuity sales in the United States were $27.8 billion in the second quarter of 2009, according to a press release from Beacon Research. While the sales were a 20% decrease from the first quarter, they were 10% higher than the second quarter in 2008. …
A Summer Crop of Variable Annuities by Kerry Pechter, Retirement Income Journal Published July 29, 2009 The styles of products of variable annuities introduced by insurers in July seem to fall onto opposite ends of the complexity spectrum. The AnnuityNote contract offered by John Hancock …
The Allianz Life Insurance Company of North America has been selling annuities, life and long-term care insurance since its inception in 1896, according to company press release “Allianz Life Ratings Reaffirmed and Record Earnings Reported.” Allianz Life is based in Minneapolis; their parent company is …
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