Even Bill Joel can't help with a New York State of mind when it comes to getting a customer's signature on an annuity application.
The Hartford is getting out of the annuities business and says Forethought Financial Group Inc. will buy its units that market and manage annuities sales.
The Hartford has signed an agreement with Forethought, a Houston-based privately held diversified financial services company, under which Forethought will purchase The Hartford’s Individual Annuity new business capabilities, consisting of the product management, distribution and marketing units, as well as the suite of products currently being sold.
Allianz Life Insurance Company of North America , and in New York, Allianz Life Insurance Company of New York today announced the launch of the optional Income Focus rider on Allianz VisionSM, Allianz VisionSM New York and Allianz ConnectionsSM variable annuities, a new, innovative way to offer clients increasing income in retirement.
The Depository Trust & Clearing Corporation Insurance & Retirement Services released today March and first quarter information on activity in the market for annuity products from its award-winning Analytic Reporting for Annuities online information service, which leverages data from the transactions that DTCC processes for the industry.
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