Regulatory & Internal InvestigationsU.S. & Global Regulatory Investigations

Annuity/Life Insurance

Bates Group has been retained to analyze thousands of Annuity/Life Insurance contracts to determine gains or losses associated with Fixed/Variable/Indexed Annuities as well as Term/Whole Life/Universal Life/Variable Life Insurance products. In addition, Bates has reviewed numerous annuity switches and has developed a “Net Cost to Exchange” model to evaluate the impact of the exchange. We have also prepared hypothetical damages calculation, which have included hypothetical insurance premiums and death benefits discounted to present value, as well as hypothetical fee comparisons across various insurance products and other investment alternatives. In addition, Bates has performed a number of asset and sector allocation analyses for variable annuity and variable life contracts. These analyses have been useful in defending against suitability (concentration) claims and comparing to model portfolio allocations.