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LIMRA Study Shows Who Buys Annuities

A recent LIMRA study showed that 35% of retirees generate retirement income from annuities, but the investments only account for 4% of household income in retirement.  Most people still use social security and pensions to cover their living expenses in retirement.  But with social security’s …

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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 …

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Variable Annuity Sales Drop in Q3, Say Insurers

LIMRA, a trade group of insurers, has just released their quarterly report for the life insurance industry. In the third quarter results, variable annuity options took a significant hit amid the recent stock market confusion. According to their press release: Variable annuity sales are off …

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