Sometimes, helpful economic conditions make most big, publicly traded life and annuity issuers move in sync. After those quarters, most or all issuers report higher net income on higher revenue. In the third quarter of this year, which ended Sept. 30, different strategies produced noticeably different results. Nigel Dally and other securities analysts at Morgan Stanley last week released a review of what went right and what went wrong. For a look at five key factors, ranked in terms of how little, or how much, they separated the top performers from competitors, see the gallery above. The Morgan Stanley building in New York. (Image: Shutterstock)
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