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Life Health > Annuities > Variable Annuities

NewRiver Index Tracks VA Summary Prospectus Filings

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A new index is tracking summary prospectus filings that are part of variable annuity contracts.

Called the NewRiver Summary Prospectus Index for Variable Annuities, the index is a product from NewRiver, Inc., Andover, Mass.

The index shows that, through January 2010, 78 VAs had at least one subaccount with a summary prospectus document, and 168 subaccounts had summary prospectus documents.

A more detailed version of the index is available to insurance companies, NewRiver says. The more detailed version shows prospectus data specific to each company’s variable insurance products.


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