Just over a year ago Transamerica Life Insurance Company introduced the Prinicipium II variable annuity product, according to an August 25 company press release entitled “Transamerica’s Principium II Variable Annuity Continues to Gain Market Share.” The product is marketed as a lower-cost variable annuity that …
Fixed annuity sales in the United States were $27.8 billion in the second quarter of 2009, according to a press release from Beacon Research. While the sales were a 20% decrease from the first quarter, they were 10% higher than the second quarter in 2008. …
According to a press release by Beacon Research, fixed annuity sales estimates in the U.S. for the first quarter of this year were $34.9 billion. The Fixed Annuity Premium Study comprised of data from 53 insurance companies, which account for about 86% of this market. …
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