With projected sales of more than $1 billion, MetLife’s Growth and Guaranteed Income (MGGI) variable annuities package is tops in its field. According to Zachary Dristol’s Annuity News Journal article “Top Two Annuity Providers See Over $1 Billion in Variable Annuity Sales,” the companies selling …
In a follow-up hearing to the Labor and Treasury Departments request for information earlier this year, insurance companies want Washington officials to make it easier for employers to offer 401k annuities. Bloomberg’s article “Insurers Press U.S. to Let Employers Offer Annuities in Retirement Plans” by …
Prudential Financial Inc. and American International Group Inc. contributed to the United States’ largest variable annuity sales increase since 2007. According to Bloomberg’s “Variable-Annuity Sales Rise 11% as Prudential, AIG Post Gains” by Inyoung Hwang, the $35.5 billion in sales was an increase of 11% …
Variable annuity sales increased from the 1st quarter of 2009 to the first quarter of 2010, according to Insurance News Net’s “US Sales of Variable Annuities See First Year-Over-Year Gain in Two Years.” With $31.4 billion in total sales, variable annuities increased 3% from the …
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