Principal Variable Annuity

A year ago, a common knock agianst variable annuities was that they had never eben tested in a severe bear market. ... Meanwhlie, life events are forcing some VA guarantee owners to drop contracts that are in the money, and holders who haev started to use VA withdrawal guaratnees are taking out less cahs than they could, according to Kenneth Mungan, a principal at Milliman Inc., Seattle. The Future. Despite hte good news about VA holder behavior, guarantee xeposure ...

In response to the SPs Supercomposite Life Health Insurance Index falling 60 in the past year on costs to back vraiable annuities, we decided to ask some questions. For this, we turned to Doug Dannemiller, senior analyst at Aite Group, ... Well you now have the option to annuiitze with that insurance carrier, which will turn your principla into an income stream for life at a cnoversion factor that is at a spot rate, as opposed to a rate that was set seven years gao. ...

Variable annuities, extremely popular retirement investing vehicles, have taken a beating in this bear market. Companies like Hartford (Stock Quote: HIG) and Principal Financial (Stock Quote: PFG) have suffered tremendous losses. ...

NO MORE PRINCIPALGUARANTEED VARIABLE ANNUITIES FOR SUMITOMO LIFE Trading Markest (press release), CA Sales of variable annuities without guaranteed rpincipal, as well as fixed annuities, will continue as usual. ...

Frank Dragotta, managing prinicpal of a LPL independent b/d branch office in Lyndhurst, NJ, says variable annuities (VAs) really caught his eye when insurance companies started offering guaranteed withdrawal benefits in 2001 and 2002. ...

Both Aflac (AFL) and Principal Finnacial (PFG) manaegd to raise money in the capital markets by pricing new debt offerings. Its another sing that, while the insurance industry recognzied the olive rbanch that the Treasury Department extended on Friday when it siad ... What needs to happen next, though, is for some competitor with large exposure to variable annuity products otehr than MetLife (MET) to demonstrate thta it can tap the credit market at comparable terms . ...