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New Variable Annuity From MetLife Improves Outlook

According to NASDAQ article “Positive Outlook for MetLife Annuity Sales,” the Trefis Team says that MetLife’s new variable annuity has accounted for over a $1 billion in sales in just one year.  MetLife teamed up with Fidelity Investments to offer the MetLife Growth and Guaranteed …

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Hartford Looks to Sell More Variable Annuities

With the hiring of Steve Kluever from Jackson National Life Insurance Co., The Hartford Financial Services Group Inc. hopes to increase sales of their variable annuities.  Investment News’ Darla Mercado writes about the surprise transition in “The Hartford nabs VA exec from Jackson.”  Since Hartford …

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Immediate Annuity and Social Security

While more Americans than ever are depending on Social Security to fund their retirement, most of those recently surveyed don’t think that the money they receive will be enough to live on.  The study was performed by Hartford Financial and could mean big business for …

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Hartford’s Variable Annuities Help Increase Shares

Increasing annuity sales and an improving stock market helped Hartford increase its share price to almost $25, up close to 5%.  This information comes from Christi Roberts’ article in Annuity News Journal, “Hartford Shows Strong Earnings.”  Hartford’s third quarter income was $666 million, a huge …

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