Archive for July, 2008
Thursday 31 July 2008 @ 11:07 pm
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The Hanover Insurance Group Reports Strong Second Quarter Results
Earthtimes (press release), UK - … agreement to sell its remaining run-off life insurance business, First Allmerica Financial Life Insurance Company (FAFLIC), to Commonwealth Annuity and … |
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Thursday 31 July 2008 @ 11:07 pm
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It's complex, but financial institutions have insurance
Cherry Hill Courier Post, NJ - They also cover individual annuity contracts, usually up to $100000. Typically, a state guaranty association won't cover guaranteed investment contracts, … |
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Thursday 31 July 2008 @ 11:07 pm
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After Spinoff, Phoenix Division Staying In Hartford
Hartford Courant, United States - The Phoenix Cos. hopes the stock market will look more kindly upon it as a stand-alone life and annuity business after the spinoff. … |
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Wednesday 30 July 2008 @ 2:07 am
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Sailing into Software Plus Services
Redmond Channel Partner, CA - Then there's an annuity stream so that if the customer renews their contract the following year, it stays at 10 percent. So long term, one of the parts of … |
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Wednesday 30 July 2008 @ 1:07 am
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BUYINS.NET: CTIB, HAYN, NOEC, PANL, RICK, SBCF Have Also Been …
Trading Markets (press release), CA - The company also offers Internet banking; brokerage and annuity services; and insurance agency services. As of December 31, 2007, Seacoast Banking … |
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Wednesday 30 July 2008 @ 12:07 am
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MetLife Cuts Forecast After Net Falls on Investments (Update3)
Bloomberg - Annuity operating earnings fell by 46 percent to $146 million because a decline in equity markets caused the company to lower its profitability forecast on … |
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Wednesday 30 July 2008 @ 12:07 am
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SEC Seeks To Regulate Indexed Annuities Agents
Hartford Business - For example, nearly half of the sales representatives that sell indexed annuities for ING, the state’s third largest provider of annuity products, … |
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Wednesday 30 July 2008 @ 12:07 am
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How to grow in turbulent waters
Business News Americas, Chile - Claude: The life annuity market has me completely puzzled. April was the best month in the history of the market since it began, selling 5.7mn UF when you … |
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Wednesday 30 July 2008 @ 12:07 am
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Allianz Life Chief: Licensing a Tough Call Under Proposed Rule on …
TMCnet - Agents don't need to be securities licensed to properly sell indexed annuities, particularly agents who work with companies that have established sales … |
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Friday 25 July 2008 @ 3:07 am
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Planners Pan Equity-Indexed Annuities
Smartmoney.com - If that happens, only people with securities licenses could sell them, and insurers would have to register them and file prospectuses with the SEC, … |
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