AXA Equitable CEO: Index Annuity Segment Getting Crowded

June 22, 2018 by Cyril Tuohy

It’s getting “crowded” in the index-linked annuity market.

That’s the word from Mark Pearson, president and CEO of AXA Equitable, a pioneer in a market segment that turned in double-digit growth rates last year.

“Yes, there is more competition, particularly in the space where we have our (Structured Capital Strategies) product,” Pearson told analysts in a conference call Wednesday.

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Originally Posted at InsuranceNewsNet on June 21, 2018 by Cyril Tuohy.