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...
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 recent LIMRA study suggests a growing interest in deferred income annuities as nine companies (seven covered in the survey) currently offer one and an additional eight companies are planning to introduce their own deferred income annuity (DIA)...
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.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...
