Athene announced that it has entered into a definitive agreement to sell, through a reinsurance arrangement, Aviva USA’s life insurance business to Commonwealth Annuity and Life...
Here is a good one for annuity buffs. What is the top reason that adults aged 40-plus buy deferred annuities? Growth potential, perhaps? Maybe tax deferral? How about tax deferral plus liquidity? What about the product guarantees?...
Just over half of Americans say they're financially prepared to live to the age of 75, yet 10 percent expect to work into their 80's, according to new research...
A recent joint LIMRA/CANNEX study finds that a majority of the companies offering income annuities have added features designed to address consumer concerns and attract new sales...
A.M. Best Co. has placed under review with negative implications the financial strength rating of A- (Excellent) and issuer credit ratings (ICR) of “a-” of Commonwealth Annuity and Life Insurance and its subsidiary, First Allmerica Financial Life Insurance...
