Ratings company A.M. Best has shown concern lately over marketplace happenings that may push them to downgrade some ratings. Due to the government’s arguing over the debt crisis and many weak European economies, the U.S. Life/Annuity sector may have its rating downgraded to negative from …
According to Insurance News Net’s article “Phoenix Cos. Forms Alliance for Indexed Annuities, Continues to Seek New Distribution Channels,” the Connecticut based company is looking to sell their products through many new channels. They are now collaborating with AltiSure Group, an annuity company that also …
According to California’s Daily Breeze article “MONEYWISE: Looking into the renewed interest in investing in annuities,” Stephanie Enright says that the government’s interest in promoting annuities has sparked an increased interest from investors. Annuities are most often issued by insurance companies and grow over time …
A.M. Best Co. changed the U.S. life insurance and annuity sector rating to ‘stable’ from ‘negative’. This information comes from the Insurance and Financial Advisor article “A.M. Best upgrades life/annuity sector’s outlook to ‘stable’,” by Bob Graham. In A.M. Best Co.’s opinion, the industry has …
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