The company markets and sells products managed through UIA and group annuity contracts offered through Union Labor Life.
2.
American Annuity specializes in selling tax-deferred individual and group annuities, investments that provide a return on a lump-sum deposit that are more popular as baby boomers start saving for retirement.
3.
Lincoln late last year paid Unum Corp ., an insurer based in Portland, Maine, about $ 71 million for group annuity plans with $ 3.3 billion in assets under management.
4.
Lincoln late last year paid Unum Corp ., an insurer based in Portland, Maine, about $ 71 million for group annuity plans with $ 3 . 3 billion in assets under management.
5.
See Byrd Letter 1a ( " ( T ) he bank would purchase a group annuity policy from an insurer and then sell annuity contracts as investments in trust accounts . " ).
6.
American Annuity Group Inc ., Cincinnati, which markets individual and group annuities, agreed to purchase General Accident Life Assurance Co . of Puerto Rico, a subsidiary of General Accident Fire and Life Assurance Corp . PLC, Perth, Scotland, for $ 50 million.
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