Research & Reports
Reflecting on the VA Industry in 2009: A Time of Shifting Realities
It’s become our custom to dedicate our last commentary each year to looking back at how the variable annuity business performed, to get the evaluation process started before fourth quarter data are released. Thus in...
Reviewing Variable Insurance Fund Filings from November, 2009
This November, the rate of variable insurance fund filing was relatively slow, as is usually the case each year, but we also got the feeling that insurers are being more cautious with their investment platforms,...
Talking Product – Reflecting On Changes, Innovation in the VA Business
There remains a near-constant flow of changes and adjustments being made to products in the variable annuity space, due to a mix of competitive and risk-based concerns, and we don’t see any let-up to this...
“One From Column A” – Optionality Within VA Benefit Allocation Programs
To date, pretty much all variable annuity insurers impose investment restrictions on clients who purchase guaranteed living benefits, the balancing act is to do this while still affording some measure of choice, and in this...
VA Rider Design Trends – GLWBs That Stay Rich, But Address Risk Issues
In this commentary we will be discussing some of the newer variable annuity Guaranteed Lifetime Withdrawal Benefits (GLWBs) that insurers have been filing, many of these riders offering robust base growth rates, yet also incorporating...
Reviewing Variable Insurance Fund Filings from October, 2009
During the month of October there was the usual moderate stream of variable insurance fund filings, and within them one could see evidence of key priorities for the industry, one of the most obvious being...
“Stealing the Show” – A Select Few VA Players Excel During 3Q09
During the third quarter we saw a familiar pattern that’s emerged lately in the variable annuity business, that of a minority of insurers – those still selling the richer guaranteed benefits – posting exceptional sales,...
Checking Up on Trends in Variable Annuity GMIBs – Changing, Mixing, Matching
On the variable annuity scene, insurers are still changing their guaranteed living benefits with great alacrity in response to market conditions, albeit less aggressively than in the past, and while most of this movement is...
Update: Summaries of Selected VA Guaranteed Minimum Income Benefits
This table, with summaries of 19 variable annuity Guaranteed Minimum Income Benefits (GMIBs) from around the industry, is an update of a grid we put out on February 9…most of the riders mentioned in it...
