Wednesday, June 24, 2009

 

NAIC Surveys Reveal Drop In Indexed Annuity Carriers, Premium

Out of 50 indexed annuity (IA) insurers, 12 have either left the annuity business or gone into rehabilitation since 2008, according to a survey by the National Association of Insurance Commissioners (NAIC). The study also found total premiums for the IAs among the 50 companies dipped to $21.5 billion in 2007 from $22.2 billion in 2006 and $23.4 billion in 2005.

NAIC Surveys Reveal Drop In Indexed Annuity Carriers, Premium Source: Insurance News Net

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