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Fixed Index Annuities Battle Over

It looks like the battle is over for fixed indexed annuities and other indexed annuity products.  The U.S. Securities and Exchange Commission said they would have to reevaluate their information after the U.S. Court of Appeals vacated the SEC’s Rule 151A.  The SEC had hoped …

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U.S. Annuity Sector Now ‘Stable’

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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Fixed Annuity Sales Boost Ratings

According to a company press release, Kansas City Life Insurance Company is stable and remains strong.  In “A.M. Best Affirms Ratings of Kansas City Life Insurance Company and Its Subsidiaries,” their financial strength rating of A (Excellent) and their issuer credit rating of “a” were …

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Nationwide’s Best Annuities Help Affirm Ratings

In a press release from A.M. Best Company, they affirmed Nationwide’s financial strength ratings of A+ and aa-.  In “A.M. Best Affirms Ratings of Nationwide Financial Services, Inc. and Its subsidiaries; Outlook Negative,” the ratings are summarized.  Nationwide Financial Services, Inc., owned by Nationwide Mutual …

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