Sentences with phrase «life and annuity reserves»
North American has greater than $ 13 billion in life and annuity reserves and over 90 % of their portfolio is considered to be investment grade.
https://www.bestliferates.org/
Total assets for the company exceed $ 16 million, with life and annuity reserves of $ 13 billion.
Not exact matches
Structured variable annuities don't come with living benefit guarantees and therefore don't require the same level of reserves as traditional variable annuities, which is why company executives consider them efficient.
Two panels at the National Association of Insurance Commissioners have drawn attention to the plight of life insurance companies that are in their corporate families» doghouse while looking into ways to improve reserve and capital standards for variable annuities.
It is the growth of this cash reserve, minus death benefits and annuity income paid out, minus taxes and expenses, that drives interest rate and dividend growth for life insurance policy owners.