Cyril Tuohy – Page 18 – InsuranceNewsNet

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Cyril Tuohy

Cyril Tuohy is a writer based in Pennsylvania. He has covered the financial services industry for more than 15 years. He can be reached at [email protected]

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Exclusive

Advice Shown To Be The Common Thread Between Age Groups And Investment Confidence

May 10, 2017

Those in younger age groups are less certain than their elders of their investment knowledge, but those younger investors also were less likely than their elders to have a financial advisor.

Exclusive

RIA M&A Surges 29% In 1Q

May 10, 2017

The first quarter of 2017 was the most active one ever when it came to mergers and acquisitions among registered investment advisors.

As The 4% Rule Wobbles, Are Annuities More Attractive Strategy?

May 9, 2017

An extended period of low interest rates has put pressure on the 4 percent rule as well, as retirement income portfolios find it difficult to eke out gains without taking on more risk.

May 5, 2017

Brighthouse Financial Separation Date Moved

The spinoff of Brighthouse Financial, MetLife’s retail distribution arm, will take place sometime after the first half of the year.

Exclusive

Lincoln: Variable Annuity Sales Close to Bottoming Out

May 5, 2017

Variable annuity sales plunged by 21 percent last year over 2015, but the drop could be over, some analysts predict. A resolution to the Department of Labor fiduciary rule would help.

Exclusive

Agents, Distribution Power Voya 1Q Results

May 4, 2017

Voya Financial credits new products, expanded distribution and higher agent productivity for strong first-quarter numbers.

Exclusive

Genworth Receives 11 Rate Increase Approvals in 1Q

May 3, 2017

Genworth Financial received 11 long-term care rate increase approvals from eight states in the first quarter 2017, part of an aggressive plan to make its LTCi business profitable again.

Exclusive

Agent Recruitment Plan Aims to Reduce Churn

May 2, 2017

Pilot programs for agent retention appear to be working at CNO Financial. The results show up on the company’s recent bottom line.

Tax Cuts Spur Growth, Which Helps Insurers, Agents

April 30, 2017

Insurers and distributors will benefit from lowering tax rates and eliminating the estate tax as part of a broader emphasis on encouraging the growth of small and midsize businesses.

Exclusive

Unum: Supplemental Sales Contribute to Earnings Beat

April 28, 2017

Unum Group beat first quarter Wall Street estimates this week with the help of strong sales from supplemental and voluntary segments at Unum US and Colonial Life.

Exclusive

Torchmark: Higher Agent Counts Noted in Earnings Beat

April 28, 2017

But it was the “agent story” at the company’s Liberty National subsidiary that caught the attention of the Wall Street number crunchers.

Exclusive

Retirement Lump Sums Being Depleted Quickly

April 28, 2017

More than one out of five workers who accepted a lump sum from their employer-sponsored retirement plan have depleted it, a survey found.

Exclusive

American Equity Committed to Independent Channel, Despite BIC

April 24, 2017

American Equity executives say they remain committed to the independent agent channel and cite market conditions for a dip in fixed indexed annuity sales at the end of last year.

Bank Annuity Sales Rise, Insurance Income Falls

April 21, 2017

Bank annuity sales in the third quarter reached a record $937 billion, but the other three quarters were among the six smallest quarters in the last five years, a new report finds.

Exclusive

Allianz Life Widens FIA Lead Over American Equity

April 20, 2017

Allianz Life, the nation’s No. 1 seller of fixed indexed annuities, saw its FIA sales more than double over its next closest competitor last year.

Exclusive

Hancock Rate Hike Plans Expected Next Week

April 19, 2017

John Hancock long-term care policyholders will be notified of premium increases of 15-25 percent beginning next week.

Exclusive

Lincoln Hikes MoneyGuard II Pricing by 10%, Puts Agents on Alert

April 13, 2017

Lincoln Financial Group will raise prices Monday on new sales of MoneyGuard II, the company’s popular linked-benefit product. To qualify for current pricing, agents need to respond by 6 p.m. today.

Jackson Floats Untethered At The Top Of The VA Sales Charts

April 11, 2017

In 2013, Jackson wrested the lead in variable annuity sales from Prudential. Jackson hasn’t looked back since.

Exclusive

F&G Life Net Income Soars On Life And Annuity Sales

April 11, 2017

Fidelity & Guaranty Life first quarter fiscal year net income soared 125 percent to $108 million on the strength of life and annuity sales and investment income.

Exclusive

New ‘Immediate Need’ Annuity Listed on Exchange

April 11, 2017

A new medically underwritten single premium immediate annuity by Genworth will be able to model income estimates for agents/advisors. The product is one of a new class of hybrid annuities designed to cover long-term care.

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