A Word About MetLife’s Recent VA Benefit Exchange Filings
Steven D. McDonnell
Earlier this month, MetLife filed to offer owners of vintage guaranteed minimum income benefits (GMIBs) an incentive to trade them in for a fixed annuity, a risk reduction move the likes of which we have seen in the past from insurers seeking to reduce their exposure to once-popular variable annuity riders. In this commentary we will give our thoughts on the program...
