Annuity industry grapples with consolidation, innovation and planning shifts
Consolidation among distributors, evolving technology and changing consumer expectations are reshaping how annuity products are developed and sold, a LIMRA panel agreed.
Consolidation among distributors, evolving technology and changing consumer expectations are reshaping how annuity products are developed and sold, a LIMRA panel agreed.
Consumer trust and confidence are significantly higher when a financial professional is involved, as pandemic-driven changes continue to reshape how annuities are sold and serviced.
AI is rapidly reshaping underwriting, improving efficiency and data analysis while raising new questions about accuracy, governance and the role of human decision-making.
A Connecticut judge denied a request Tuesday by PHL Variable Insurance Co. policyholders to stop paying premiums while keeping their coverage in force.
The global economy is entering a period of profound uncertainty as geopolitical conflict, shifting trade dynamics and rapid technological change upend traditional forecasting models.
Nearly one-quarter of U.S. adults (23%) are members of the Sandwich Generation, and this generation may be the next wave of America’s retirement crisis.
The “magic number” Americans believe they need to save for a comfortable retirement climbed to $1.46 million in 2026 – $200,000 more than last year and in line with 2024 estimates.
Shifting economic conditions — including higher interest rates, market volatility and increased regulatory scrutiny — are forcing companies to rethink how they design and manage annuity products, with a growing focus on so-called “all-weather” portfolios.
AM Best’s outlook for the health insurance segment is negative, with several headwinds influencing that outlook.
The push to include annuity products in 401(k) plans resembles the early evolution of participant-directed investing.
Industry experts are weighing whether a new home insurance bill introduced in Colorado could spur other states to similar action
Thousands of insurance professionals are expected to retire from the industry in the next 10-15 years. How will the industry respond?
Eighty-eight percent of fleets reported they use telematics for safety, yet only 30% share their data with insurers, according to SambaSafety’s 2025 telematics report.
Life insurance, both for protection and as a financial planning tool, remains a crucial part of any portfolio for clients nearing retirement.
Recent data from the Pew Research Center found that among adults under 49 without children, 47% say they never wants kids. But do they need life insurance?
Although 83% of Americans say they’re comfortable in talking about money with at least one person, most of them are silent when it comes to admitting financial struggles to others who are close to them, including family, friends and coworkers.
U.S. gross domestic product is expected to rebound from 2027 through 2029, with inflation expected to begin falling after 2026.
The Center for American Progress today revealed its proposal, “A Patient’s Bill of Rights to Lower Health Care Costs.”
The life insurance industry experienced a 4.3% increase in total direct premiums and considerations in 2025, reaching a record high of $1.09 trillion.