"Our variable annuity business is not a good strategic fit with our middle-market customers, who are interested in more predictable annuity products, including our fixed and equity-indexed products.

Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Eric's career includes extensive work in both public and ...

Every business has operating expenses — that is, the costs of running the business. These expenses can generally be classified in two ways: Fixed expenses and variable expenses. Understanding the ...