Three incumbents make up the Structured Annuity space today and I’ll walk through each one of them in detail over the next few posts. All told, the market today is probably in the range of $8B in deposits, with AXA accounting for a little less than half of that, Brighthouse taking something like 30% and Allianz taking the rest.

AXA is the vanguard of the category and its product series, Structured Capital Strategies (SCS), continues to post significant sales gains year over year.