Annuities

  • Americans Find Breathing Room Between Bouts Of Market Volatility
    Americans Find Breathing Room Between Bouts Of Market Volatility

    New study findings from Allianz Life show people feel better about their current finances as they look to an uncertain close to the year

    As markets settle from initial COVID-19-related health and economic crises, Americans are evaluating the damage and reassessing their market volatility threshold. According to new findings from the Q3 Quarterly Market Perceptions Study from Allianz Life Insurance Company of North America (Allianz Life) fewer people express concern over a coming recession than they did last quarter…
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  • Estimated Cost Of Retiree Pension Risk Transfer Decreases
    Estimated Cost Of Retiree Pension Risk Transfer Decreases

    Drops from 104.2% to 102.8% in July

    Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI). As the Pension Risk Transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer. The…
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  • Point Of Purchase Life Insurance: Selling Where Life Happens
    Point Of Purchase Life Insurance: Selling Where Life Happens

    Everyday bears opportunities

    by Denise Garth

    Every moment of every day, retail operations are under scrutiny. Executives and management teams for grocery stores, gas stations, big box home goods, home repair and department stores are obsessed with merchandising. Product placement is always in flux. Endcaps are changed for a season or a weekend. Special displays are constructed as demand is anticipated.
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  • Secure Retirement Institute: U.S. Annuity Sales Fall in Second Quarter
    Secure Retirement Institute: U.S. Annuity Sales Fall in Second Quarter

    Broker dealers pivot quickly to protection-based solutions

    Total annuity sales were $48.6 billion in the second quarter, down 24% from second quarter 2019, according to final results from the Secure Retirement Institute® (SRI®) U.S. Individual Annuity Sales Survey.
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  • For U.S. Insurers, Decade of Low Interest Rates Marked by Different Impact Severity, Strategies
    For U.S. Insurers, Decade of Low Interest Rates Marked by Different Impact Severity, Strategies

    De-Risking as a strategy against earnings-volatility

    An AM Best analysis of U.S. life/annuity companies’ investment strategies amid the past decade of low interest rates found that the number of companies considered non-interest-sensitive more than doubled those deemed interest-sensitive. However, those companies exposed significantly to interest rates have managed an average 76% of the industry’s invested assets in the last 10 years,…
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  • Second Quarter Annuity Sales Decline 24% From 2019
    Second Quarter Annuity Sales Decline 24% From 2019

    After four consecutive quarters of growth, global pandemic causes sales to plunge

    Total annuity sales were $48.8 billion in the second quarter, down 24% from second quarter 2019, according to preliminary results from the Secure Retirement Institute® (SRI®) U.S. Individual Annuity Sales Survey.
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  • State Of The Insured Retirement Industry
    State Of The Insured Retirement Industry

    New views on the longevity risk and our retirement preparedness

    The annuity industry is poised for significant growth in the coming years. Consumers are concerned about retirement risks and outliving savings, uncertain how to use retirement account balances to create sustainable lifetime income and are worried about potential Social Security insolvency and rising medical costs. These factors are putting insured retirement income squarely on the…
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  • Social Distancing Measures Challenge Advisors’ Practices
    Social Distancing Measures Challenge Advisors’ Practices

    How our ‘high-touch’ industry grapples with the new reality of contact

    Not being able to meet in person with their clients during the pandemic ranks as the biggest impact for 9 in 10 advisors according to a recent study. Market factors including low interest rates and increased market volatility have also been disruptive to advisors’ practices.
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  • How The Life & Annuity Industry Has Been Remade by COVID-19
    How The Life & Annuity Industry Has Been Remade by COVID-19

    Scenarios for resilient leaders

    In the wake of COVID-19, Deloitte and Salesforce hosted a dialogue among renowned scenario thinkers to consider the potential societal and business impact of the pandemic. What this illuminated was that insurers must prepare for the future, but uncertainties make it difficult to predict. These scenarios explore how the life insurance and annuities (L&A) industry…
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  • U.S. Insurers’ Private Equity Holdings Continue to Climb
    U.S. Insurers’ Private Equity Holdings Continue to Climb

    Continued low interest rates, strong but cash-strapped businesses create opportunities

    U.S. insurance companies for a fourth-straight year increased their private equity holdings—by nearly 10% in 2019 to $81.3 billion—as this asset class remains attractive to insurers looking to diversify their investment portfolios or increase returns in the low interest rate environment, according to a new AM Best special report.
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