Hi. My name is Ryan Hinchey. I am a variable annuity consultant. Annuities are complicated. I help people make sense of them.
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Catching Elephant is a theme by Andy Taylor
Some of the big annuity players are so determined on getting government funding that they have taken on a new attitude: if the treasury won’t change their eligibility criteria then we will change our company to meet the criteria.
The last few months haven’t exactly been the best of times for the insurance industry. And this past week wasn’t any better. A number of companies stocks took another sharp hit after Goldman’s Chris Necaypor released his analysis of the industry earlier this week. On top of that, it seems like ratings cuts may be around the corner for a number of companies if they don’t figure out how to raise more capital.