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 …
Some new registered annuities are being developed by Symetra Life Insurance, according to IBR’s “Symetra to develop registered annuities products.” Kevin Knull is their new senior vice president of registered investments. He was hired to help Symetra expand their portfolio of annuities. Their first focus …
According to Steve Vernon’s article, “Planning Your Retirement: The Best Investments to Generate Income” on CBS Money Watch, there are three good choices when it comes to generating retirement income. He is quick to point out that the same solutions do not work for everyone, …
In the article “Bank-Sold Annuities Hit Fifteen Month High,” Scott Stathis of Insurance News Net writes about the increasing sales of variable and fixed annuities. October of 2009 is the last time that banks have registered sales as high as they were in February of …
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