Structured VAs a Bright Spot in Slumping Market

 Friday, March 3, 2017

With interest rates still low and the market for variable annuities slumping fast it’s hard to be cheerful about the immediate future of annuities — except when it comes to structured VAs. And what a bright shining light structured VAs have been for the handful of insurers who sell the most of them. Allianz Life Insurance of North America sold $1.45 billion worth of structured VAs last year, compared with $592 million for traditional VAs. It marked the first time the former version came out on top, the company said.
Life & Health