Our Annuities segment provides fixed, indexed and payout annuities and mutual fund custodial accounts for pre-retirement wealth accumulation and post-retirement income management, sold through multiple channels.
Full Year 2016 Annuities Operating Earnings before Income Taxes $321mn
Objective: Improve returns by running off legacy blocks of business, while growing mutual fund custodial products assets and selling indexed annuities as market conditions allow.
||Sales (Year Ended
December 31, 2015)
($ in millions)
|% of Sales
|Independent Insurance Agents /
Independent Marketing Organizations
|Banks and Other Financial Institutions
- #7 in Fixed Indexed Annuities in AUM1
- LIMRA Secure Retirement Institute - US Individual Annuity Yearbook 2013