September 21, 2017
Conning - 2017 Individual Life-Annuity Growth and Profit Leading Companies Announced
(Hartford, CT) September 21, 2017— Conning releases its eighth study of successful individual life-annuity companies in three size categories with analysis of common leading company characteristics.
“Our ongoing study of growth and profit leading individual life-annuity companies continues with this 2017 edition, which includes a detailed analysis of the leading small, midsized and large company segments,” said Terence Martin, a Director, Insurance Research at Conning. “We identified seventeen companies that met our multi-year success criteria across the three analyzed size categories. Of those successful companies, thirteen also met the criteria in last year’s analysis, which is a significant accomplishment in this challenging environment for new sales and low interest rates.”
The Conning study, “Individual Life-Annuity Growth and Profit Leaders: Preparing to Change Tack” analyzes individual life-annuity insurer performance, identifies the most successful firms based on Conning’s multi-year leadership criteria, and identifies shared characteristics among the successful firms.
“Companies that met our criteria to be considered growth and profit leaders did so by successfully managing through operating and market complexity,” said Steve Webersen, Head of Insurance Research at Conning. “Leading companies of all sizes consistently exhibited faster capital growth than their peers and had bond portfolios of longer maturity than the remaining companies. Overall, annuity products performed better in the period than life insurance, which explains the predominance of annuity specialist among the leading companies. As we look ahead at the possibility of rising interest rates, it will be interesting to see if these Leading companies will be able to maintain their investment performance advantage.”
“Individual Life-Annuity Growth and Profit Leaders: Preparing to Change Tack” is available for purchase from Conning by calling (888) 707-1177 or by visiting www.conningresearch.com.
Conning (www.conning.com) is a leading global investment management firm with more than $115 billion in global assets under management as of June 30, 2017.* With a long history of serving the insurance industry, Conning supports institutional investors, including pension plans, with investment solutions and asset management offerings, award-winning risk modeling software, and industry research. Founded in 1912, Conning has offices in Boston, Cologne, Hartford, Hong Kong, London, New York, and Tokyo.
*As of June 30, 2017, represents the combined global assets under management for the affiliated firms under Conning Holdings Limited, and Cathay Securities Investment Trust Co., Ltd. ("SITE"). SITE reports internally into Conning Asia Pacific Limited, but is a separate legal entity under Cathay Financial Holding Co., Ltd. which is the ultimate controlling parent of all Conning entities.