Finding a Great Annuity Block Buyer Takes Work
November 17, 2020 by Allison Bell
Equitable Holdings made a $12 billion reinsurance deal with Venerable, and that has given securities analysts something new to discuss with insurance company executives who have been holding conference calls to go over earnings for the third quarter.
The insurers have posted recordings of the those calls on the investor relations sections of their websites.
Analysts asked about the effects of COVID-19 and low interest rates as well as whether the insurance companies could make the the same kind of deal as Equitable.