Variable annuities and turbulent markets

Recent capital market conditions have reinforced the strength of the variable annuity product proposition. Offering exposure to equities and managed fund investments, with the possibility of protecting against the risk of downside market movements, the products are supported by active hedging techniques. Milliman's Gary Finkelstein explains why these products are so attractive, and how some insurance companies have been able to successfully manufacture them during the recent turbulent markets

What are variable annuities?

Under a variable annuity (VA) product, the policyholder's investments consist of managed funds selected to provide exposure to upside market performance. Additionally, optional guarantee insurance can be purchased to protect the policyholder's investment from negative market returns. A wide range of guarantees can be offered, as described below, enabling the benefits to be tailored to meet the varying needs of customers.

- Variable annuities and turbulent markets (PDF, 128KB)

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here