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Variable Annuity Product Development from Symetra

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 …

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Indexed Annuity Linked to Commodities

Symetra Financial and Legacy Marketing Group are both offering commodities with their indexed annuity products now, according to Insurance News Net’s Linda Koco.  In “Commodities Debut in Indexed Annuities,” we learn about the Symetra Edge Pro, which offers the S&P GSCI commodity index as well …

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Fixed Annuities Help Symetra’s Strong 1st Quarter

From a company press release, Symetra Financial showed strong first quarter 2010 results.  Their net income increased to $46.3 million from $5.1 million in the first quarter of last year.  With an increase of 30% in their adjusted operating income over last year, Symetra went …

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Annuities Part of Five Step Retirement Plan

Symetra Financial’s press release “Five Steps to Retiring On Time” lists annuities as an important tool for retirement success.  A recent survey conducted by Symetra and two partners showed that nearly half of pre-retirees (45 and older) have not determined how much income they will …

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