Expect solid growth for indexed annuities through 2023

New sales forecast from LIMRA’s Secure Retirement Institute predicts IA sales will continue to drive sales growth while variable annuities see further declines before rebounding in 2022.

AIG takes top overall spot in annuity sales during record-breaking 2018

For the first time since 2007, AIG Companies has taken over as the top seller of annuities according to recently released data from the LIMRA Secure Retirement Institute.

New leader quick to update IRI’s mission and vision

Annuity industry insider shares accomplishments at REACH event less than two months into his tenure, including unveiling a set of strategic priorities for 2019 and quarterly “town hall” conference calls.

Genworth suspends LTCI, annuity sales through BGA channel

Company has temporarily suspended sales of individual long-term care insurance and income Assurance Annuity products through the brokerage general agency channel in all states, effective as of Monday, March 11.

6 big annuity carriers boost Envestnet Insurance Exchange platform launch

Independent advisors can gain access to robust selection of variable, structured, fixed and indexed annuities on single, integrated platform.

SEC’s Regulation BI to Undergo Scrutiny in March 14 Congressional Hearing

Pointed questions sure to come when Democratic committee leadership convenes hearing on the controversial SEC proposal.

Vacated Fiduciary Rule, higher interest rates lead to record 2018 annuity sales

Total annuity sales have best quarter in a decade, led by fixed annuity sales hitting all-time high, LIMRA Secure Retirement Institute reports.

Protective Life enters $1.2B agreement with Great-West to reinsure individual life and annuity business

When closed, transaction will be the largest acquisition in Protective Life’s history.

Advisors on carriers: Product and fees are important, but service is the differentiator

While product features and competitive costs will initially get an advisor’s attention, ongoing service and support will keep it, a new LIMRA/EY study finds.

Transamerica opens state-of-the-art lab to evolve its business-building platform through agent input

Transamerica recently announced the opening of the Innovation Zone, a state-of-the-art lab in Johns Creek, Ga., where agents are welcome to review new technology as well as test and offer feedback on the future of these platforms.