Articles
CIGNA Reports Fourth Quarter and Full Year 2008 Results (Business Wire via Yahoo! Finance)
PHILADELPHIA----CIGNA Corporation : Net income for full year 2008 was $1.05 per share1, which included a loss of $2.54 per share1, due to the results from the Guaranteed Minimum Income Benefits business2 and results from the Guaranteed Minimum Death Benefits business also known as Variable Annuity Death Benefits .
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Pennsylvania's Top Two Youth Volunteers Selected in 14 th Annual ... - Business Wire (press release)
Business Wire (press release) Pennsylvania's Top Two Youth Volunteers Selected in 14 th Annual ... Business Wire (press release), CA - 3 hours ago Prudential's businesses offer a variety of products and services, including life insurance, annuities , retirement-related services, mutual funds, ...
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U.S. life insurers dragged down by soured investments
U.S. life insurers Principal Financial , Lincoln National and Genworth on Monday posted fourth-quarter losses, hurt by soured investments. Insurers, already battered by the declining value of investments in the third quarter, are increasingly being hit by charges to boost reserves for variable annuity equity market guarantees, a popular retirement product. U.S. life insurers dragged down by soured investments Source: Yahoo! Finance
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Annuity Myths, Realities and Opportunities
In 2005, the Gallup Organization published a comprehensive study of more than 1,000 owners of non-qualified annuity contracts designed "to obtain a profile of the demographic characteristics of owners of non-qualified annuity contracts and to gain insight into their attitudes toward a variety of issues relating to retirement savings and security, including how they save for retirement, what they think about saving for retirement generally, what sources of funds they used to purchase their annuity contracts, the reasons why they bought them, and how they plan to use them." The Committee of Annuity Insurers, Survey of Owners of Non-Qualified Annuity
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