Search for: "The Variable Annuity Life Insurance Company"
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16 Jan 2012, 9:00 pm
A number of large insurance companies, such as AXA Equitable, Nationwide, Thrivent, ING Financial, American Family, Prudential, and Jackson Life, market immediate annuity products as a way to turn retirement assets into regular periodic or monthly payments, either for the rest of the investor’s life, or for a specified period of time. [read post]
17 Jan 2012, 7:11 am
A number of large insurance companies, such as AXA Equitable, Nationwide, Thrivent, ING Financial, American Family, Prudential, and Jackson Life, market immediate annuity products as a way to turn retirement assets into regular periodic or monthly payments, either for the rest of the investor’s life, or for a specified period of time. [read post]
16 Jan 2012, 9:00 pm
A number of large insurance companies, such as AXA Equitable, Nationwide, Thrivent, ING Financial, American Family, Prudential, and Jackson Life, market immediate annuity products as a way to turn retirement assets into regular periodic or monthly payments, either for the rest of the investor’s life, or for a specified period of time. [read post]
26 Jul 2007, 12:16 pm
As part of the retirement plan, the N.E.A. recommended that its members purchase annuities from the Nationwide Life Insurance Company and the Security Benefit Group. [read post]
4 Sep 2007, 11:58 am
In reality many life companies are now offering payments up to 9% guaranteed for life, depending upon attained age at which the rider is purchased, but the point is that it is a unique benefit that allows for transference of market risk to a life insurance company instead of bearing that risk yourself. 2. [read post]
2 Sep 2014, 9:13 am
A variable annuity is a contract with an insurance company where the insurer agrees to make periodic payments to you based upon the chosen investments made in the annuity account. [read post]
17 Mar 2009, 1:03 pm
Wayne, Indiana-based Lincoln Financial Group, won a $13.1 million jury verdict in a variable annuity patent infringement case against three Aegon USA companies, Transamerica Life Insurance Co., Transamerica... [read post]
23 Jun 2010, 9:48 am
Transamerica Life Insurance Co. [read post]
4 Nov 2011, 6:20 am
On November 3, 2011, Eileen Rominger, Director of the SEC’s Division of Investment Management (the “Division”), in a speech to attendees of the ALI-ABA Conference on Life Insurance Company Products, focused on several issues regarding the regulation of variable insurance products and how the current market has seen a multitude of product design innovations. [read post]
4 Dec 2008, 12:16 am
This move, however, is not boding well for insurance companies. [read post]
13 Dec 2008, 6:01 pm
Many of the negative financial reports of the last 90 days for life companies were directly related to their necessity to move huge amounts of current earnings or surplus into reserves to account for requirements to reserve variable annuity guarantees and future market yield calculations. [read post]
31 Oct 2012, 12:01 pm
John Hancock Life Insurance Company is an “excessive fee” case. [read post]
6 Nov 2018, 8:06 am
“Customers pay a lump sum to an insurance company, then can effectively get back their money, plus a potential return for a said number of years, or their lifetime, in regular payments. [read post]
16 Mar 2009, 3:52 pm
Wayne, Indiana-based Lincoln Financial Group, won a $13.1 million jury verdict in a variable annuity patent infringement case against three Aegon USA companies, Transamerica Life Insurance Co., Transamerica Financial Life Insurance Co., and Western Reserve Life Assurance Co. of Ohio. [read post]
27 May 2021, 6:05 am
When variable annuities are paired with a whole-life insurance policy, it could constitute an “unsuitable investment strategy,” according to FINRA, the main U.S. securities industry regulator. [read post]
13 Aug 2008, 4:04 pm
The NY Insurance Department has posted updated Filing Guidance on the use of Variable Material for Individual Annuity Contracts and Life Insurance Policies. [read post]
25 Sep 2014, 6:18 am
(Signator) Moniz made unsuitable recommendations to a married couple that they purchase a Variable Universal Life insurance policy (VUL) on the husband’s life and use the proceeds of a reverse mortgage to purchase a variable annuity and open a managed investment account. [read post]
18 Mar 2010, 10:33 am
Spencer v Hartford "groupies" do "the wave" Hartford Life Insurance Company current ratings (March 17, 2010): AM Best A Fitch A- S&P A Moodys A3 [read post]
18 Jan 2012, 1:26 pm
Thomas Conner, formerly a partner with Sutherland Asbill and Brennan, specializes in securities-based and commodities-based exchange traded funds (ETFs) and insurance-based investment products, including variable annuities and variable life insurance. [read post]
1 Jul 2010, 6:49 am
[Circular Letter 8 (2010)] dated June 29, 2010 and posted yesterday on the NY Insurance Department website, clarifies that as a result of amendments to §4223(c)(1), made at the time provisions relating to indexed annuities were added, recapture of bonuses on fixed annuities or fixed accounts of variable annuities, are not permitted. [read post]
