The Variable Annuity Market Continues Utilization of ETFs
Annuity, Bond, Developed Markets, Emerging Markets, Insurance, Issuers, MetLife, SSgA, State Street Global Advisors, Variable Annuity
The variable annuity market, estimated at approximately $1.2 trillion, is expanding its use of ETFs as another major carrier joins in. The life insurance giant, MetLife, is teaming up with State Street Global Advisors (SSgA) to include ETFs as underlying investment vehicles on two asset allocated variable annuity products. Darla Mercado of Investment News identifies [...]
ETFs Joining Insurance Industry through Variable Annuities
The $1.2 trillion variable annuity market is continuing to incorporate the use of ETFs. The life insurance giant, Transamerica, is teaming up with Vanguard to include ETFs as underlying investment vehicles to a variable annuity product. The variable annuity product is identified in the Insurance Business News article as Transamerica Principium II and provides two [...]
