Reflecting on the VA Industry in 2009: A Time of Shifting Realities

It’s become our custom to dedicate our last commentary each year to looking back at how the variable annuity business performed, to get the evaluation process started before fourth quarter data are released. Thus in this report we’ll discuss important industry issues and events from 2009, consider which companies did well and which didn’t (and suggest reasons why), and conclude with thoughts for the future...