Allianz Stabilization

Allianz Stabilization

Alliance had a big jump in operating profits due to a one-time sale of investments but low interest rates continue to bog down annuity sales. Allianz Life’s fixed annuity premiums dropped 16% to $4.2 billion in the third quarter compared to last year. Most of Allianz’s fixed annuity business is fixed-index annuities that are tied to an external…

Allianz Stabilization

via: annuitythinktank.com

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