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Browsing: annuities
Despite a slight dip in the fourth quarter, annuity sales reached record heights in 2024, marking the third straight year of impressive growth.
The Singapore life annuity insurance market is poised for significant growth, driven by the increasing appeal of fixed annuities and a growing focus on financial security during retirement. The report predicts a CAGR of 3.4% over the next five years.
Ohio regulators are debating whether to keep risk-based capital (RBC) ratios for annuity issuers confidential, sparking debate among industry stakeholders.
Life insurers express concerns about the potential impact of federal budget decisions on their products.
The National Association of Insurance Commissioners (NAIC) announces that its Life Insurance Policy Locator has connected consumers with over $10 billion in unclaimed benefits since its launch in 2016.
The Council of Australian Life Insurers (CALI) has expressed support for APRA’s consultation on annuity products, which aims to improve capital settings and encourage wider adoption.
Generali Hong Kong’s product excellence recognized by 10Life, with top ratings for annuities, savings, and critical illness plans.