European Insurance - Variable annuities ride out market volatility

News

The recent spate of market volatility has not negatively impacted on hedging programmes for variable annuities (VA) according to leading providers - a fact that will bring comfort to the large number of European insurers getting ready to the enter this expanding market.

Aegon UK launched its 5 for Life product - which guarantees the policyholders a minimum of 5% of their original investment every year for life - in early 2007 and within months it ran into the credit crunch. But according to Dougi

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