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Standard & Poor Upgrades Accordia Life

Standard & Poor Upgrades Accordia Life

Jul. 7 | Today, Standard & Poor (S&P) raised its long-term financial strength and counterparty credit ratings on Accordia Life and Annuity Company (Accordia Life) to ‘A-’ from ‘BBB+’. The outlook is stable. The upgrade is based...

AG 38 Updates

AG 38 Updates

Nov. 4 | As you may have heard, the National Association of Insurance Commissioners (NAIC) has approved changes to Actuarial Guideline 38 (AG 38) to strengthen reserve requirements on secondary guarantee UL products. Many carriers are making changes to their life...

Aviva announces NLG rate increases and IUL cap reductions

Aviva announces NLG rate increases and IUL cap reductions

Sep. 14 | Aviva Life and Annuity Company will make the following changes on its life insurance products effective October 1, 2012. An increase in all NLG premiums on the following products: Advantage Builder IV with the NLG Rider, Guarantee UL Solution III, and...

Aviva announces life product changes, effective  October 1, 2012

Aviva announces life product changes, effective October 1, 2012

Sep. 5 | Aviva Life and Annuity Company will make the following changes on its life insurance products, effective October 1, 2012: • An increase in all NLG premiums on the following products: Advantage Builder IV with the NLG Rider, Guarantee UL Solution III,...