Allianz Aims to Tilt Away From Annuity Guarantees
December 7, 2021 by Allison Bell
Allianz announced Friday that it has arranged to reinsure more than $34 billion in U.S. fixed annuities, and that it hopes to reduce the percentage of reserves supporting guaranteed savings and annuity products.
Executives from the Munich-based insurer talked about the moves at an event for investors. The event was streamed live on the web, and a recording is available here.
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Originally Posted at ThinkAdvisor on December 3, 2021 by Allison Bell.
Categories: Industry Articles