Wednesday, April 01, 2009
Milliman Survey Says Variable Annuity Guarantees Dominate Annuity Products
Milliman's fourth annual Guaranteed Living Benefits (GLB) survey of leading U.S. variable annuity (VA) carriers revealed that about 96% of variable annuities offered include some form of GLB.
Sales of VAs that offered a GLB during calendar year 2004 averaged 87% of total VA sales, increasing to 95% in 2005 and 2006. Such benefits continued to be popular in 2007 and during the first half of 2008 with 96% of total VA sales offering a GLB.
Milliman Survey Says Variable Annuity Guarantees Dominate Annuity Products
Source: Insurance News Net
Sales of VAs that offered a GLB during calendar year 2004 averaged 87% of total VA sales, increasing to 95% in 2005 and 2006. Such benefits continued to be popular in 2007 and during the first half of 2008 with 96% of total VA sales offering a GLB.
Milliman Survey Says Variable Annuity Guarantees Dominate Annuity Products
Source: Insurance News Net
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