Thursday, October 15, 2009
Annuity Sales Dip Sharply in Second Quarter
Bank holding company (BHC) annuity fee income was up in the first half of this year, despite a weak second quarter, according to the Michael White-ABIA Bank Annuity Fee Income Report released today.
Bank holding companies sold $1.33 billion of annuities in the first half of 2009, according to call reports submitted to the Federal Deposit Insurance Corporation (FDIC). That’s 1.7% higher than the same period in 2008, according to that FDIC data compiled by Michael White Associates, a consultant in Radnor, Pa...
BIC: Annuity Sales Dip Sharply in Second Quarter
Bank holding companies sold $1.33 billion of annuities in the first half of 2009, according to call reports submitted to the Federal Deposit Insurance Corporation (FDIC). That’s 1.7% higher than the same period in 2008, according to that FDIC data compiled by Michael White Associates, a consultant in Radnor, Pa...
BIC: Annuity Sales Dip Sharply in Second Quarter
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