By Kris Devasabai
In this guest editorial, the editor-in-chief of Risk.net applauds the innovation that private equity firms bring to the annuity industry, but urges regulators to 'assess the private equity model, preferably before the next credit crisis hits.'
By Editorial Staff
Best known as a fixed annuity specialist, MassMutual had just $11.7 billion in VA assets under management as of Sept. 30, 2021, according to Morningstar. Overall, MassMutual was ranked 20th in VA AUM on that date, with a market share of less than one percent.