Removing ‘Lapse Risk’ from Variable Annuities By Kerry Pechter Sun, Nov 29, 2015 SHARE ON: TwitterFacebookLinkedIn “Almost every major variable annuity writer has absorbed large write-downs on ‘policyholder behavior assumption updates,’” said a Munich Re executive. “So how do we take out that risk?” TO READ THIS ARTICLE, PLEASE SIGN IN OR SUBSCRIBE Not Yet a Member? What's Included? Subscribe Now! $249.00 per year(recurring) - or - $25.00 per month(recurring) Username or Email Address Password Remember Me Lost Password? Reset here.