A.M. BestTV: U.S. Life/Annuity Sector Looks to Strong Financials, Slow Growth
The
“In 2017 individual life sales were up about 2%, which is what
Johnson highlighted the impact of the recent tax reform bill.
“Overall, tax reform is a net positive for the industry, as it moved the rate to 21% down from 35%, which will flow to companies’ bottom lines,” said Johnson. “Additionally, those companies that compete with international players will also find themselves a little more competitive.”
To access a copy of this market segment report, titled, “U.S. Life/Annuity: 2018 Review & Preview,” please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=270379.
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