
Prudential & AIG Pick Up MetLife's Variable Annuity Business
As MetLife scales back on their variable annuities, other companies are picking up the market share. According to Bloomberg Business News' "Prudential Joins AIG Taking Annuities Share From MetLife," Zachary Tracer says that Prudential and AIG are the main companies who have capitalized on MetLife's variable annuity changes. Prudential has sold the most variable annuities this year, according to LIMRA. Their second quarter sales were $5.35 billion, which was an 18% increase. Their market... Read More
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