U.S. Life Insurance Industry Undergoing Structural Changes
The U.S. life insurance industry is undergoing significant transformation driven by higher interest rates, record annuity sales, increased reinsurance use, and the growing influence of private investment firms and global insurers. ALIRT's report highlights a shift from prolonged low-interest-rate conditions post-2008 crisis to improved insurer profitability and strong demand for fixed indexed annuities.
Topics: annuities interest rates life insurance private investment reinsurance