Ratings company A.M. Best has shown concern lately over marketplace happenings that may push them to downgrade some ratings. Due to the government’s arguing over the debt crisis and many weak European economies, the U.S. Life/Annuity sector may have its rating downgraded to negative from …
Allianz Life Insurance Company of North America had a $126 million operating profit in the first quarter of 2011. This is based partly on strong sales increases of fixed indexed annuities and variable annuities. Their asset base grew and the market remained stable, a good …
Equity linked CDs are like a combination of traditional CDs, or certificates of deposit, and stocks. According to Money-Rates Columnist Richard Barrington, equity linked CDs are somewhat of a hybrid between the two products. In a volatile stock market investors can either lose a ton …
Some securities firms on Wall Street will begin selling indexed annuity products soon, according to Insurance News Net’s article “Wall Street Eyes IAs.” Linda Koco of Annuity News.com got the information from Advantage Compendium of St. Louis. While they will be sold by the securities …
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