After reviewing third-quarter variable annuity deposits and net flows for the group of major publicly-traded insurers we regularly track, we found most of them endured at least a slight decrease in deposits compared to the prior quarter, among factors cited as contributing to this were “seasonality” or the typical slowdown in sales that occur each summer, and heightened market volatility over that time...
How We Did Last Summer – Appraising Public Insurers’ VA Results from 3Q07
Steven D. McDonnell