There will be a big shake-up at Genworth Financial in about 2 weeks. As of March 7, they will stop selling their popular fixed annuities and life insurance products. This information comes from the Insurance News Net article, “Genworth Stops Life, Annuity Sales, May Split” …
As MetLife scales back on their variable annuities, other companies are picking up the market share. According to Bloomberg Business News’ “Prudential Joins AIG Taking Annuities Share From MetLife,” Zachary Tracer says that Prudential and AIG are the main companies who have capitalized on MetLife’s …
Indexed annuities have been growing at a much faster rate than variable annuities and fixed annuities in the past 5-10 years. The Life Health Pro article, “New players enter indexed annuity space” by Maria Wood, says that the compound annual growth rate for indexed annuities …
While demand for variable annuities is still very high, many insurers are stepping back from them quite a bit. According to Investment News’s Darla Mercado in the article “VA carriers hunkering down,” life insurers have had a hard time hedging their variable annuities with living …
Your resource for learning about, comparing, and selecting the most competitive annuities since 2000.
© Copyright AnnuityFYI
The following disclaimer governs the use of www.annuityfyi.com and links from it. By using this website, you agree to the following Disclaimer, Terms and Conditions, and Privacy Policy. The term “you” means a user of this website. The term “our” or “we” means Annuity FYI, its website(s), and any agent of Annuity FYI. The website is owned by AFYI Holdings Group, LLC (“Annuity FYI”), a Florida company. Annuity FYI provides users with general and educational information about annuities and may refer users to unaffiliated financial professionals who are licensed in the user’s state and thereby qualified to address a user’s individual financial situation, which could include evaluating an annuity, providing rates or illustrations and discussing investment risks. Annuity FYI offers no financial products and does not furnish individual investment or financial advice. All quotes, applications, rate lock ins, or offers to sell are handled by an unrelated financial services firm that is not affiliated with or owned by AFYI Holdings Group LLC. Any information provided through this website or through links to other websites are provided for educational and general informational purposes only and should not be construed as legal, investment, financial or tax advice. The information published at this website is not intended to be a recommendation to purchase an annuity. You are strongly urged to consult with a financial professional to determine if an annuity product is suitable to your financial situation. Annuity FYI accepts no responsibility for any investment decision made by any user of this website, and it is not responsible for any advice or recommendation made to any user by unaffiliated financial professionals to whom the user is referred. Annuity FYI does not receive compensation from any of the insurance companies on this website. Annuity FYI shares user information, and is compensated by, unaffiliated financial professionals who have access to user information submitted to Annuity FYI (see Privacy Policy).
