After a first half that set a record for annuity considerations and premiums, 2024 is shaping up to be yet another historic year for US annuity writers. The industry logged $300.67 billion in ...
TROY, Mich.--(BUSINESS WIRE)--Financial advisors and insurance agents offering individual annuity products are confronting a particularly challenging set of dynamics in the current marketplace.
OLDWICK, N.J.--(BUSINESS WIRE)--Increasing surrenders on individual annuities drove a 27% decline in pre-tax net operating profitability despite record sales in recent years, according to a new AM ...
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Non-Qualified vs Qualified Annuities
Non-Qualified and Qualified Annuities are two different types of annuities that are designed to help individuals plan for their retirement. A non-qualified annuity is typically purchased with ...
The first three months of 2024 proved to be a blockbuster quarter for US individual annuities as total US sales in the sector hit $106.7 billion, according to Limra. Limra’s US Individual Annuity ...
Securian Financial reported record 2025 results, with higher revenue, earnings and capital driven by growth in its insurance and retirement business. Operating revenue reached a record $8.2 billion in ...
An annuity can ideally deliver reliable income for the rest of your life. And it can help you not run out of money later in life. But proceed with caution after reading much more about them. Sales of ...
Clients who choose annuities as part of their financial plan may be losing confidence in the products, a new study reveals. According to the latest J.D. Power 2025 US Individual Annuity Study, overall ...
Acceleration of Corebridge’s capital return strategy with $2.1 billion in net distributable proceeds, substantial majority of which will be returned via share repurchases Reaffirming attractive ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Individual annuities have seen a resurgence in sales over the last few ...
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