Insurance

A contract that involves the insured paying a premium to an insurance company in exchange for protection against the risk of a large loss.

Longevity and Healthcare Cost Correlation

Submitted by tom on Thu, 05/13/2010 - 10:50

A recent research brief from the Center for Retirement Research at Boston College confirms that correlation between longevity and higher healthcare costs.

Forums:

Key Phrases:

Glossary:

Read more about Longevity and Healthcare Cost Correlation
Log in to post comments

Key Phrases:

Forums:

Glossary:

Key Phrases:

Annuity Distribution Becoming Mired by Additional Suitability Rules and Regulations

The National Association of Insurance Commissioners (NAIC) recently amended its suitability requirements. The amendment makes insurers responsible for ensuring that all types of annuity sales or transactions are suitable. Industry participants are struggling with the increased administrative complexity. As discussed in a recent article in Investment News: “The big change is that it requires a complete secondary review somewhere in the chain of the distribution line up to the company,...

Glossary:

Key Phrases:

Read more about Annuity Distribution Becoming Mired by Additional Suitability Rules and Regulations
Log in to post comments

Key Phrases:

Glossary:

Key Phrases:

New Rules for Fixed Annuity Suitability

The National Association of Insurance Commissioners (NAIC) has adopted an amendment that will affect the processes involved in determining the suitability of fixed annuity sales. Much of the supervisory responsibility for fixed annuity suitability will be shifted towards the insurance company . Broker -dealers will likely receive much of their guidelines, materials and recommendations from insurance companies. The result is an increase in compliance burden which will likely have the greatest...

Glossary:

Key Phrases:

Read more about New Rules for Fixed Annuity Suitability
Log in to post comments

Key Phrases:

Glossary:

Key Phrases:

The Opportunity of a Lifetime for Life Insurers

There currently exists what would appear to be a once in a lifetime opportunity for life insurance companies who are essentially the manufacturers of asset decumulation products such as annuities.

Glossary:

Key Phrases Autotag:

Read more about The Opportunity of a Lifetime for Life Insurers
tom's blog
Log in to post comments

Key Phrases:

Glossary:

Key Phrases Autotag:

Secondary Market for Annuities Under Regulatory Pressure

Investment News reports that state insurance regulators from 35 states have voted to allows insurance carriers to terminate an annuity benefits if the owner sells the contract. The vote deals a blow to the nascent secondary market for annuities since it would be increasingly difficult to sell an annuity into the secondary market.

Glossary:

Annuity

Insurance

Key Phrases:

Secondary Market