Annuity Consideration

Annuity Consideration

The purchase price of an annuity. Depending on the type of annuity, the annuity consideration may be a lump sum or spread out in payments over an agreed-upon length of time.
References in periodicals archive ?
Even if he reduced his estimates for all of the annuity consideration and life premium that Athene Annuity and Life generated in California in 2017, Dargan said the hit to EPS would only be 0.6% of his estimate for the next twelve months.
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MetLife Inc., New York, and ING Group N.V., Amsterdam, Netherlands, which each saw annuity consideration grow more than 40%, togged market share increases of 323 and 105 basis points, respectively, SNL says.
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(6) any payment made under an immediate annuity contract; (An immediate annuity contract is one that is purchased with a single premium or annuity consideration, the annuity starting date of which is no later than one year from the date of purchase, and that provides for a series of substantially equal periodic payments to be made no less frequently than annually during the annuity period.
Annuities
At the state level, the level of change in annuity consideration payments ranged from a decrease of 29%, in Nevada, to an increase of 14%, in New Hampshire.
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An annuity consideration may be made as a lump sum or as a series of gradual payments.
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an immediate annuity (i.e., an annuity that is purchased with a single premium or annuity consideration, the annuity starting date of which is no later than one year from the date of purchase, and that provides for a series of substantially equal periodic payments to be made no less frequently than annually during the annuity period); or
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An immediate annuity is an annuity purchased with a single premium or annuity consideration, and the annuity date commences no later than one year from the date of purchase.
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22, 2019, representing an estimated 95% of total industry premiums and annuity considerations.
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annuity market, with $14 billion in annuity considerations, according to the NAIC data.
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In 2003, annuity considerations led the revenue pie with a 37% share.
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"Sales" for property/casualty insurance companies are reported on a consolidated basis and reflect the total of premiums and annuity considerations, net investment income, commissions and allowances on reinsurance ceded, and miscellaneous income.
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sub.i])/[lambda] form Equation (5), C = total costs, [q.sub.INV] = dollar volume of security investments, [q.sub.OL] = dollar amount of ordinary life insurance premiums, [q.sub.GL] = dollar amount of group life insurance premiums, [q.sub.OA] = dollar amount of ordinary annuity considerations, [q.sub.GA] = dollar amount of group annuity considerations, [q.sub.A&H] = dollar amount of accident and health premiums, [P.sub.L] = price of labor, [P.sub.K] = price of capital, [D.sub.M] = dummy variable equal to 1 if a mutual company, and 0 otherwise, [D.sub.A] = dummy variable equal to 1 if an agency and 0 otherwise, and n = random error term.
An examination of cost economies in the United States life insurance industry
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