News - Japan: Variable Annuity Could Impact Life Insurers - Moody's
Source: Asia Insurance Review | May 2007
While the risk stemming from variable annuity (VA) products with minimum guarantees is still comparatively low at Japanese major life insurers due to their relatively high equity investment in general account assets, as the market expands for these newer products, the risk could become material, said Moody’s Investors Service in a new report.
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