Annuity Carrier Exits: Tsunamis Or Small Waves?

The news that Andrew Moss is resigning from as chief executive of Aviva, Britain’s largest insurer, set off another round of annuity industry jitters. Those jitters get stirred up every time a major annuity carrier makes a market exit or announces a surprise departure from the top. But are changes of that magnitude cause to … Continue reading

Acting Aviva PLC CEO Hints at Sale of Business Groups

The sale of Aviva USA may be closer to reality after the acting head of the unit’s U.K.-based parent company stated that the company will consider the disposition of some of its business lines. In a statement released Thursday, John McFarlane, executive deputy chairman, outlined a set of priorities for Aviva PLC. “Firstly, a strategic … Continue reading

New Indexed Life Product Offers Financial Protection For Small Businesses

Business Wire, Inc. WEST DES MOINES, Iowa–(BUSINESS WIRE)– An innovative new indexed life insurance product offers financial protection for small businesses, blended families and people whose estate tax planning needs may change. Aviva USA’s Survivorship Builder combines protection for more than one person on a single policy. “It’s the survivor life insurance equivalent of the … Continue reading

Industry Leader Forum: Aviva USA

The latest trend and the biggest driver for life insurance industry growth illustrates the maxim that everything old is new again. For many carriers, indexed universal life (IUL) is a new product. Ten carriers introduced IUL in the past two years. It’s obvious why so many are jumping into the IUL pool. Through the first … Continue reading

DAI News & Notes: Year-end is Rapidly Approaching—Notes–Year-end-is-Rapidly-Approaching—.html?soid=1101728984258&aid=GKt7P_d5oS8.