We would love to hear from you. Click on the ‘Contact Us’ link to the right and choose your favorite way to reach-out!

wscdsdc

media/speaking contact

Jamie Johnson

business contact

Victoria Peterson

Contact Us

855.ask.wink

Close [x]
pattern

Industry News

Categories

  • Industry Articles (17,774)
  • Industry Conferences (3)
  • Industry Job Openings (3)
  • Moore on the Market (207)
  • Negative Media (139)
  • Positive Media (73)
  • Sheryl's Articles (656)
  • Wink's Articles (265)
  • Wink's Inside Story (238)
  • Wink's Press Releases (99)
  • Blog Archives

  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • August 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • November 2008
  • May 2008
  • February 2008
  • August 2006
  • I&RS: Monthly Annuity Inflows Averaged $7.5 Billion in 2011

    March 18, 2012 by Warren S. Hersch

    By Warren S. Hersch

    March 14, 2012 •

    Monthly inflows into annuities processed by a unit of the Depository Trust & Clearing Corporation averaged $7.5 billion in 2011, according to a new report.

    Insurance & Retirement Services, a wholly owned subsidiary of DTCC, published this finding in its 2011 Annuity Market Activity Report. I&RS’ Analytic Reporting for Annuities online information service analyzes data from millions of annuity transactions that DTCC processes for the insurance industry.

    In 2011 I&RS processed more than $156 billion in annuity transactions for 105 insurance company participants (representing 41 parent/holding companies), 133 broker-dealers and 3,150 annuity products.

    The report discloses that monthly outflows from annuities in 2011 averaged $5.5 billion. And net cash flows averaged just under $2 billion per month.

    The top 10 insurance parent/holding companies, the report adds, captured 79% of total inflows. The top 10 companies by market share include MetLife (17%), Jackson National (12%), Prudential/Pruco (11%), AIG Companies and Lincoln National (7% for each company), Riversource and Nationwide (6% each), John Hancock (5%), Transamerica/AEGON Companies (4%) and Allianz Life (3%).

    The report reveals that 25 insurance parent/holding companies accounted for more than $42 billion positive net cash flows. Sixteen insurance parent/holding companies experienced negative net cash flows total over $18 billion.

    Eighteen of the 42 insurance parent/holding companies groups, the report notes, had a retention ratio of more than 50%. Translation: There was $2 or more of inflows for every $1 of outflows.

    The percentage of inflows going into qualified accounts increased to 61% in December from 58% in January. The percentage of inflows going into non-qualified accounts declined to 39% in December from 42% in January, the report says.

    The retention rate of cash inflows in qualified accounts exceeded that of non-qualified accounts (42.46% versus 4.27%).

    The report notes there were 99 distributors with more than $1 million in annuity inflows. Of those, eight distributors had between $1 billion and $2 billion in inflows.

    Ten distributors had more than $2 billion in inflows. And the top 10 distributors accounted for 67% of all inflows, the report finds.

    Originally Posted at LifeHealthPro on March 14, 2012 by Warren S. Hersch.

    Categories: Industry Articles
    currency