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Many New Players in the Fixed Indexed Annuity Game

Before the final DOL ruling which included indexed annuities in the BICE rule requirements, indexed annuity products were the hottest news in the annuity industry. Sales skyrocketed in 2015 and many companies who weren't big players in the industry before came onto the scene strong. Insurance News Net's Cyril Tuohy wrote about the top selling companies and channels in the article "Crashing The FIA Party: Not Just The Top Companies Driving Growth." It remains to be seen what will happen in the... Read More

Some of Western & Southern's Best Annuities

Moody's Investors Service likes that Western & Southern Financial Group Inc.'s Varoom variable annuity offers investment options based on exchange-traded funds.  According to Investment News' Darla Mercado, Moody's sees a hedging benefit for Western & Southern by using this basis and views it as a positive aspect towards the company's credit rating.  In the article "All-ETF VA gives a hedge edge, Moody's says," Mercado reports that the ETF basis allows companies to better manage their... Read More

Annuity Sales Soar for Western-Southern

Standard & Poor's gives Western & Southern Financial an AA+ rating, putting it in the top 10 life insurance companies, according to The Business Courier of Cincinnati, Ohio.  Western-Southern is on track to set a record for their increasing annuity sales this year.  If their first quarter fixed and variable annuity sales keep stride, they will have an increase of 26% from 2008.  And 2008's sales were up 59% from 2007, so another large increase is fantastic.  Their CEO John Barrett... Read More

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