Benefit Rate Sheets

Soleares Research, LLC is a market research and consulting firm servicing the annuity and life insurance businesses. We provide, through our website, periodic articles that cover important industry trends; we also offer clients phone or on-site consultations, executive briefings and presentations. We pride ourselves on first-class customer service and responsiveness to our clients. We aim to be an indispensable resource to the marketplace.

List of Articles


Posted By: Steven D. McDonnell Posted On: Oct 23, 2020

Lately we have been of the opinion that insurers are in a predicament we have seen in years past, namely that while there remains great demand for annuities – especially those that can provide investors with downside protection – market volatility and low interest rates are making it ever more difficult for companies to meet that demand...


Posted By: Steven D. McDonnell Posted On: Sep 29, 2020

Although times have been difficult for insurers, as they are coping with the COVID-19 pandemic, market volatility, rock-bottom interest rates, social upheaval and the stresses of an election year, those challenges haven’t kept them from filing new products and features in recent months, and we’ll cover some of them in this report...


Posted By: Steven D. McDonnell Posted On: Aug 26, 2020

This report contains our customary review of second quarter annuity results for selected stock-traded insurers. With few exceptions the news was bad, as most companies – especially those who specialize in fixed-index annuities (FIAs) – reported sharp drops in sales...


Posted By: Steven D. McDonnell Posted On: Aug 12, 2020

Second quarter earnings season will be wrapping up soon and next week we’ll devote these pages to our customary delving into what was revealed on insurers’ conference calls. For now we’ll provide some perspective on what we know thus far...


Posted By: Steven D. McDonnell Posted On: Jun 24, 2020

Although our country is still faced with very challenging times and the financial markets have been volatile, that does not mean that variable annuity product activity has come to a standstill. Not by any means – and we will provide some perspective in these pages...


Posted By: Steven D. McDonnell Posted On: Jun 15, 2020

In this report we’ll cover notable developments of recent weeks that occurred on the variable annuity scene: rate sheet updates from two major insurers, both of which took effect today, and a new benefit buyback offer scheduled to start in September...


Posted By: Steven D. McDonnell Posted On: Jun 04, 2020

Despite the market turmoil and social upheaval, we have no shortage of things to cover this week regarding the annuity scene: lately there have been a number of new variable annuity registrations, new guaranteed benefit filings and index options added to fixed-index annuities (FIAs)...


Posted By: Steven D. McDonnell Posted On: May 29, 2020

First quarter variable annuity sales for most stock-traded insurers we track regularly improved compared to the prior year, once again due to lower interest rates making the product look better than fixed and indexed annuities. Effects from the COVID-19 crisis were just beginning to be felt in the quarter – they will show up to a greater extent in


Posted By: Steven D. McDonnell Posted On: May 08, 2020

The month of May is a time when insurers file annual updates to their variable annuity and fund prospectuses, and, admittedly, many filings have been coming through of late – more than enough to keep us occupied...


Posted By: Steven D. McDonnell Posted On: Apr 20, 2020

Thanks to the COVID-19 crisis we’ve had ample time to hunker down and monitor the variable annuity filing pipeline and in this report we’ll discuss some interesting developments we found, ranging from new registrations, notable amendments and benefit rate sheet updates...


Posted By: Steven D. McDonnell Posted On: Apr 06, 2020

Given the turmoil in the financial markets it’s only natural to think that variable annuity insurers would start to de-risk in earnest, and they have been – we have seen numerous products cutbacks come through recently which we’ll discuss in this report...


Posted By: Steven D. McDonnell Posted On: Mar 10, 2020

In this report we’ll provide thoughts on a new variable annuity guaranteed lifetime withdrawal benefit (GLWB) scheduled to launch during the May prospectus update season, and notable changes to existing riders we discovered in benefit rate sheets...


Posted By: Steven D. McDonnell Posted On: Mar 05, 2020

Variable annuity sales for most of the stock-traded insurers we track regularly improved in the fourth quarter of last year, in line with how the industry as a whole performed...


Posted By: Steven D. McDonnell Posted On: Feb 20, 2020

This report contains our closing thoughts on variable annuity product filings from 2019, a period that, in our view, was lively in terms of competition among insurers, who engaged in further innovation among emerging product types...


Posted By: Steven D. McDonnell Posted On: Jan 23, 2020

In this report we’ll get caught up with noteworthy variable annuity product developments from late last year and discuss a new guaranteed lifetime withdrawal benefit (GLWB) filed not long ago...


Posted By: Steven D. McDonnell Posted On: Dec 14, 2019

In this report we’ll get up to date on variable and structured annuity benefits whose elements are set periodically by rate sheet – a risk mitigation approach that has gotten increased usage in recent years...