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Variable Annuity Sales Were Down in Q3 for Leading Stock-Traded Insurers

Posted By: Steven D. McDonnell | Posted On: Nov 09, 2015

We just completed our third quarter review of variable annuity business results of selected stock-traded insurers and found that for all of them, sales fell sequentially during that time period. Market volatility was the most-often cited reason by companies for their sales declines; we think seasonality played a role as well...