Lincoln Financial execs hail strong annuity sales; life business in ‘transition’
Like its competitors, Lincoln Financial is riding huge annuity sales while setting up Bermuda reinsurance and watching interest rates.
Although the U.S. economy has been resilient, with slowing inflation and a consistently strong labor market, JPMorgan Chase CEO Jamie Dimon still sees two“ significant risks” to the economy. That warning came as the largest U.S. bank by assets posted its biggest-ever annual profit, and beat Wall Street expectations across the board. Economists at Goldman Sachs…
