Noteworthy VA Benefit Rate Sheet Updates, Through Early May

At present, variable annuity insurers who want to be at the top of the sales leaderboard must pull off a bit of a balancing act in our view: they must sell guaranteed living benefits (GLBs) – which are still popular and elected on most new contracts – all the while making sure the embedded risks of these benefits can be managed over the long term. In our view, such competitive conditions are why most new benefits can be changed for new sales periodically via rate sheet...