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Thanks to De-Risking, Sales Were Down for Leading VA Insurers in Q4

Steven D. McDonnell

By the end of last week we finished reviewing the fourth-quarter earnings reports of selected publicly-traded insurers we watch regularly, and we came away with the suspicion that variable annuity industry sales were probably down for that period, due to a combination of product de-risking and the lackluster performance of the stock market...

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