Research & Reports
It Looks Like for Most Insurers, VA Sales Were Down Again in 4Q13
We reviewed fourth quarter earnings results for selected publicly-traded insurers we track regularly and came to the conclusion that variable annuity industry deposits dropped for the quarter and the year as a whole. We think...
Looking Ahead – to 4Q13 Variable Annuity Business Results
Fourth quarter earnings season for publicly-traded annuity insurers is close upon us, and we expect that most companies will report fairly decent earnings performance for the time period, given that the stock market finished on...
Earnings Held Up for Insurers in Q3 – But VA Sales? Not So Much
It seems to us that most variable annuity insurers fared well this third quarter from an earnings standpoint, helped by a rise in the stock market. However VA sales were down for the group of...
Lincoln National Communicates Confidence in Its Annuity Business
Investors and analysts are very curious as to how variable annuity operations may affect the health and profitability of insurers, especially since companies are now pulling away from selling rich guarantees. As we noted in...
VA Insurers Say They Are Managing Benefit Risks – But Still Want to Trim Them
It’s been a while since we checked in on variable annuity guaranteed benefit risk levels, and we were reminded of that fact by MetLife’s recent investor day, where the topic was discussed at length. We...
VA Sales Appear to Have Continued Their Downward Movement in 1Q13
We have just completed our review of variable annuity results for publicly-traded insurers we watch regularly and, based on the performance of those companies, we suspect the industry saw a drop in deposits in the...
Some Speculation on Q1 Performance of the VA Business – and Other Matters
Now that the first quarter has ended and we are well into the next one, we’ll share some thoughts on how we think the variable industry may have done so far this year. We think...
Jackson National Jumps to Top of VA Industry Sales Standings for 4Q12
From some of our sources we heard that Morningstar was to report final fourth-quarter 2012 variable annuity sales data today, and, if early indications prove correct, we think Jackson National took the No. 1 spot...
“What’s Working?” – Thoughts On the Industry As it Awaits Q4 Sales Data
In this report we’ll try to break from our usual preoccupation with product nuances to raise questions as to where the variable annuity business is headed. It’s clear that most insurers are moving beyond offering...