October 24, 2023 In-plan annuities should have a bright future, an expert says. ‘Gates have opened’ for in-plan annuities, LIMRA Research Director says Legislative changes, product development and an enthusiastic industry are opening the gates to annuity products inside retirement plans. Still, analysts…
October 23, 2023 LIMRA is working on several big projects at once. LIMRA members confront ‘overwhelming’ change, CEO says The LIMRA 2023 Annual Conference sold out long before the doors opened at the Gaylord National Resort & Convention Center…
October 23, 2023 Carriers are committed to AI, analysts say. Carriers plan to increase their investments in AI over the next five years Life and annuity carriers are on a journey to move from modernizing their legacy technology systems toward a greater investment…
October 23, 2023 Talent acquisition and customer experience are two major issues for the industry going forward, executives say. Are financial services’ employees ever working from the office again? WASHINGTON, D.C. – Thirteen percent of employees are full-time remote, according to Forbes, while another 28% work some form of…
Rising interest rates helping to stabilize long-term care insurance policies April 26, 2023 SALT LAKE CITY – When interest rates rose, it meant good news for insurers holding books of long-term care insurance…
Speaker: will life insurance companies stop writing policies less than $250,000? April 26, 2023 SALT LAKE CITY – Inflation and rising interest rates. Regulatory pressure and market volatility. These unique economic conditions might force…
Panel: Advisors will warm to annuities, opening up big market April 26, 2023 SALT LAKE CITY – The advisor’s office is where annuity sellers have longed to find acceptance, only to be repeatedly…
RILAs showing ‘almost unprecedented’ growth, speaker says, here to stay April 25, 2023 SALT LAKE CITY – The shine might be off registered indexed-linked annuities (RILAs) now that interest rates are climbing higher…
April 25, 2023 Todd Giesing Strong annuity sales forecast through at least 2027, LIMRA says Annuity sales have settled in on a new tier – a $300 billion-a-year tier – and are expected to remain…
The customer journey through the ‘purchase funnel’ April 25, 2023 How do consumers recognize their need for life insurance, shop for it and eventually purchase coverage? The customer journey involves…
April 24, 2023 "A best interest standard is better." Annuity regulation comes into focus, but more to come The regulation of annuities is proceeding down two tracks that could come to a head very soon. There is no…
April 24, 2023 Pandemic left lasting appreciation for mortality, life insurance in young people, LIMRA/Life Happens poll shows The memory of the dark, scary days of the COVID-19 pandemic might be fading but the lessons are apparently imprinted…
April 24, 2023 The top three trends affecting distribution at BGAs and IMOs The distribution of life insurance and annuities is forever evolving, but perhaps more than usual at the moment as various…
October 18, 2022 Fed likely to push interest rates to 5%, Obama economist says CHICAGO – The Federal Reserve is likely to keep pumping up interest rates until they hit 5%, said Christina Romer…
October 18, 2022 Executive panel tackles ‘awkward’ and evolving competitive relationships CHICAGO – The popular executive roundtable featured an eclectic group of often competitive companies Monday at the LIMRA 2022 Annual…
October 17, 2022 Annuity buyers in a protection mode As 2022 winds down, one thing is clear in the annuity world: protection is king. LIMRA estimates that annuity sales…
October 17, 2022 ‘Deaths of despair’ rising dramatically and insurers feel the pain About 2.5 million Americans died between 1999 and 2021 from what experts are calling “deaths of despair” related to suicide,…
October 17, 2022 McKinsey: Life insurance business may segment in search of greater yields CHICAGO – Pressure to make targeted plays for value could push life insurers into more segmented business operations going forward….
October 17, 2022 Booming sales could be even better, Levenson says Even though life insurance products, especially annuities, are having their best year ever, there is still an enormous demand out…