Milliman: Certain VA annuity surrenders doubled from 2022 to 2024
October 28, 2025 by John Hilton
Updated research from Milliman finds that surrender rates on variable annuities with guaranteed living withdrawal benefits more than doubled from 2022 to the end of 2024.
A global actuarial and consulting firm, Milliman recently released the results of its two ongoing Variable Annuity Industry Experience Studies, which analyze policyholder behavior across 23 companies spanning 17 years.
Originally Posted at InsuranceNewsNet on Oct 23, 2025 by John Hilton.
Categories: Industry Articles