Q: Is RILA getting more competitive? $EQH: We are innovators. First in. Been here forever. Happy. But we used to make a lot more margin on them, but we make 15% IRR, so we're happy. You sure you're happy?
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@ExcessDefaults 15% on $15B or 22% on $5B while getting 15% on low multiple legacy VA? The halcyon days of 2023 was probably not sustainable.