Annuity Sales

Longevity Annuity Sales Have Been Slow

Financial Planning reports that sales of longevity insurance or longevity annuities have been slow over the past couple of years. Many companies, including MetLife and The Hartford , have introduced products that are specifically intended to address longevity risk . However, sales of the products have been slower than many industry executives would have expected.

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MetLife

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Advanced Life Deferred Annuity

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Longevity Insurance

Annuity Sales

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MetLife

MetLife Reports Strong Earnings on Jump in Investment Income

U.S. annuity industry leader MetLife reported strong earnings and provided an optimistic outlook for the remainder of 2010. Metlife reported a 12 percent increase in revenue to $8.8 billion during the most recent quarter. The revenue and earnings picture was aided by a 31 percent increase in investment income .

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Exams and Suitability

Submitted by tom on Mon, 04/18/2011 - 09:54

An interesting article from Darla Mercado of Investment News discusses the NAIC's

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2010 Individual Annuity Sales in U.S.

Submitted by Anonymous on Tue, 03/08/2011 - 11:46

Recent data from LIMRA that shows 2010 totals:

- Overall individual sales in United States

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Bank Annuity Sales

Submitted by tom on Wed, 07/21/2010 - 09:20

Banks are a powerful source of annuity sales.

The most recent quarterly results for bank annuity sales was $582.6 million. This amount represents income from fees and commissions on product sales, and it is a decrease of 20.7 percent from the previous year's quarterly figure of $734.5 million.

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