Structured VAs a Bright Spot in Slumping Market
Friday, March 3rd, 2017 Life & HealthWith 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.
External References & Further Reading
https://www.insurancenewsnet.com/innarticle/structured-vas-a-bright-spot-in-slumping-market
