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Stock-Traded Insurers’ VA Sales Held Up in Q1, Despite Market Drop

Steven D. McDonnell

First quarter variable annuity sales for most stock-traded insurers we track regularly improved compared to the prior year, once again due to lower interest rates making the product look better than fixed and indexed annuities. Effects from the COVID-19 crisis were just beginning to be felt in the quarter – they will show up to a greater extent in Q2 results...

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