References in periodicals archive
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Amsterdam, Netherlands, which each saw annuity consideration grow more than 40%, togged market share increases of 323 and 105 basis points, respectively, SNL says.
The center analysts found, based on life insurer filing data, that, excluding the effects of reinsurance arrangements, total annuity consideration payments fell to $245.
An annuity consideration may be made as a lump sum or as a series of gradual payments.
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.
annuity market, with $14 billion in annuity considerations, according to the NAIC data.
In 2003, annuity considerations led the revenue pie with a 37% share.
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.
8 million and higher annuity considerations for the quarter.
Additionally, the report continues, the growth of accumulation annuity considerations is likely to slow.
Total annuity considerations with life contingencies, life insurance and accident & health premiums were $7.
6% share of the annuity market and $335 million in Wisconsin annuity considerations, officials write.
The primary reason for the decrease was the reduction in sales of the immediate annuity considerations with life contingencies.
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