Tag: Life insurance
US trade bodies ask for buffered annuities legislation
North America | Regulations & Legal
12 Jun 2020 by Lavanya Nair & Pablo Conde
Four industry trade groups have urged lawmakers to advance legislation to facilitate access to buffered annuities.
Prudential debuts ‘flexible’ indexed variable annuity
North America | Products
26 May 2020 by Lavanya Nair & Pablo Conde
Life insurance firm Prudential debuts its very first indexed variable annuity product aimed at retirement investors seeking market exposure with downside protection along with the scope to accelerate the performance of their retirement assets into the future.
SRP in brief: mixed messages
International | Products
19 May 2020 by Amélie Labbe
In the past week, the effect on the coronavirus pandemic became clear on Spanish and Latin American banks, the latest financial institutions to announce their results. It was a mixed bag of messages.
Allianz widens its FIA offering, debuts prop plays
North America | Products
19 Mar 2020 by Lavanya Nair & Pablo Conde
Life insurance firm Allianz has introduced a new fixed index annuity (FIA) designed to aid clients that desire more control over how they create their guaranteed income, as well as the flexibility to change their retirement plans should their circumstances change.
AG Insurance focuses on urbanisation with Stoxx index in Belgium
Europe | Indices
21 Jan 2020 by Marc Wolterink
The Belgian insurer adds Stoxx ‘Cities of Tomorrow’ index to long list of ESG underlyings for its Smart Invest Bon series.
Belgian investors weary of capital-at-risk products
Europe | Products
06 Jan 2020 by Marc Wolterink
Turnover of capital-protected structured products in the Belgian market fell by 36% in the third quarter of 2019 as both investors and banks continue to suffer from the ‘difficult’ interest rate conditions.
French Insurance group acquires stake in structured product specialist
| Industry
12 Sep 2019 by SRP News
The transaction allows the group to acquire Equitim, a specialist structured products consultancy and brokerage firm.
Belgian volumes hit by low sales life-insurance products
Europe | Industry
09 Sep 2019 by Marc Wolterink
Turnover of structured products in the Belgian market fell by 45% in the second quarter, with the decrease caused by the negative interest rate climate, coupled with a number of distribution requirements, which makes it ‘impossible to meet the preference of the client, who is looking for investment products with full capital protection’, according to Belsipa chair Florence Devleeschauwer.
KBC Q2 life revenues down on lower sales of unit-linked products
Europe | Industry
29 Aug 2019 by SRP News
The bank-insurer generated a net profit of €745m in the second quarter of 2019 although trading and fair value income was heavily impacted by several factors including lower long-term interest rates, according to chief executive officer Johan Thijs (pictured).
