Q3 Commentary Part II – Risks, Returns are Main Themes in VA Insurers’ Reports

In wrapping up our third quarter reporting on selected variable annuity insurers, we’ll say that it seems clear that for now, investors are still reluctant to purchase VAs during troubling market conditions such as the ones we're in now, even though so many contracts offer generous living benefit guarantees. And so the consensus in the industry is that if things don’t pick up, we’re in for a tough Q4 as well...