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Insurers May Be in for More Misery (Update)
By
Melissa Gannon
11/20/08 - 05:50 PM EST
Variable annuities have popped up as a problem area for many insurers in the third-quarter downturn, but another type of annuity that makes payouts if indices like the S&P 500 fall could do further damage.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,433.71 | 1,105.65 | 2,169.18 | 33.17 |
Oil *
76.42
|
|
DOWN
17.24
|
DOWN
0.59
|
DOWN
6.83
|
DOWN
0.47
|
10 Yr
3.32%
SPDR Gold
114.73
|
|
-0.16%
|
-0.05%
|
-0.31%
|
-1.40%
|
Data delayed 20 minutes |


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