From the perspective of the insurance
company structured VAs represent a diversified approach to a marketplace hobbled by low rates.
Not exact matches
Insurers like
structured VAs because these hybrid products require less capital to support than traditional
VAs that come with lifetime income guarantees, which some insurance
companies have found difficult to honor with interest rates still historically low.
AXA has just under 100,000 contracts on
structured VAs, and all
company VA sales rose 4 percent last year over 2015, Kennedy said.