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TheStreet Picks
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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