Retirement Income Planners are constantly searching the landscape of conservative investments for their clients. The emerging choice is the Fixed Index Annuity. As reported by The InsuranceNewsNet, the “third quarter’s indexed annuity sales climbed to $8.6 billion – their second consecutive 8-year record – and hit a record-high 44% of fixed annuity sales.” And [...]
Annuities in the Investment Pyramid
The article below by Bill Broich not only speaks to how investors look at the world today, but also that the advisor community needs to ‘sync’ up… The idea of an investment pyramid is based on building the foundation (the bottom) the middle (some risk but higher reward) and the top (high risk and high [...]
American Equity and Athene Life Re
WEST DES MOINES, Iowa, Feb 24, 2010 (BUSINESS WIRE) — American Equity Investment Life Holding Company (NYSE: AEL), a leading underwriter of index and fixed rate annuities, today reported 2009 fourth quarter operating income1 of $28.7 million, or $0.48 per diluted common share, an 86% increase over adjusted2 fourth quarter 2008 operating income of $15.4 [...]
A.M. Best Downgrades Ratings of Liberty Life Insurance Company; Maintains Under Review with Negative Implications – MarketWatch
A.M. Best Downgrades Ratings of Liberty Life Insurance Company; Maintains Under Review with Negative Implications OLDWICK, N.J., Oct 25, 2010 (BUSINESS WIRE) — A.M. Best Co. has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and issuer credit rating to “a-” from “a” of Liberty Life Insurance Company (Liberty Life) (Greenville, S.C.). [...]
FT.com / Companies / Financial Services – Old Mutual sheds US life unit
This is old new, but indicative of the challenges facing the U.S. fixed index annuity business with the compression of spreads. By Philip Stafford Published: August 6 2010 09:26 | Last updated: August 6 2010 22:40 Old Mutual has sold its US life business to hedge fund Harbinger Capital for $350m (£219m) in a deal [...]
Athene Life Re Ltd. – Reinsurance for Life and Annuity Insurance Companies
Athene Life Re Ltd. (“Athene”) is a Bermuda based subsidiary of Athene Holding Ltd., focused on the growing retirement services market. Athene’s core business is fixed annuity reinsurance and its primary customers are life and annuity insurance companies. Specific liabilities reinsured include equity-indexed, multi-year guarantee and traditional one-year guarantee fixed deferred annuities, immediate annuities and [...]
Athene Life Re
Athene Life Re Ltd. (“Athene”) is a Bermuda based subsidiary of Athene Holding Ltd., focused on the growing retirement services market. Athene’s core business is fixed annuity reinsurance and its primary customers are life and annuity insurance companies. Specific liabilities reinsured include equity-indexed, multi-year guarantee and traditional one-year guarantee fixed deferred annuities, immediate annuities and [...]
Athene Life Re Ltd.: Private Company Information – BusinessWeek
October 25, 2010 1:38 PM ETINSURANCEAthene Life Re Ltd.SnapshotPeople COMPANY OVERVIEW Athene Life Re Ltd., a reinsurance company, provides fixed annuity reinsurance solutions to life and annuity insurance companies in Bermuda. The company offers reinsurance solutions for equity-indexed, multi-year guarantee, and traditional one-year guarantee fixed deferred annuities, as well as for immediate annuities and funding [...]
Insurance News – Athene Holding Ltd. to Acquire Liberty Life Insurance Company from Royal Bank of Canada
Athene Holding Ltd. to Acquire Liberty Life Insurance Company from Royal Bank of Canada October 22, 2010 | Business Wire, Inc. HAMILTON, Bermuda–(BUSINESS WIRE)– Athene Holding Ltd. is pleased to announce that it has signed a definitive agreement to acquire Liberty Life Insurance Company, a subsidiary of Royal Bank of Canada, for a purchase price [...]
Leon Black, Apollo Global Management, Purchaser of RBC Liberty Life
Image via Wikipedia Not long ago, when times were good, Leon D. Black spent $1.3 billion to buy Linens ’n Things, the home-furnishings chain. Now, as each day seems to bring more bad news for the economy, Mr. Black and his investment company, Apollo Management, are struggling to keep Linens ’n Things from unraveling. It [...]
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10 Keys To Becoming A Successful Financial Advisor
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Great American Revised Fixed-Indexed Annuity Rates
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Genworth Update: NAIC Suitability Model Regulation Requirements of Producers
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Rate Increases For All Great American Products!
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Great American Revised Fixed-Indexed Annuity Rates
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10 Keys To Becoming A Successful Financial Advisor