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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> Lincoln National Corp.

Ameriprise Financial and Lincoln National cited for strong VA programs

Posted by RJ and Makay on Sep 09, 2011

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Moody’s Investors Service has cited Ameriprise Financial Inc. and Lincoln National Corp. for their strong variable annuity (VA) hedging programs in Moody’s recent report on the most frequently asked questions about variable annuities.  Ameriprise has gained an edge through controlled distribution.

Strong variable annuity sales in first half of 2011

Posted by RJ and Makay on Aug 22, 2011

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Variable annuity sales rose 19% to $80.7 billion in the six months ended June 30, compared with the first half of 2010, LIMRA said on its website.  In the second quarter, sales rose 16% compared to Q2 2010, reaching $40.9 billion, according to LIMRA’s second-quarter 2011 U.S. Individual Annuities Sales survey.  New York–based MetLife, the largest U.S. life insurer, regained the top spot in variable annuity sales in the first half of this year, leading a group of five firms that dominate this sector of the industry.