Carriers Compete With Complexity, Leading to ‘Arms Race’ Concerns
November 24, 2015 by Linda Koco
A potential arms race may be ahead for fixed index annuity (FIA) business, similar to that in the variable annuity market a decade ago, according to analysts at A.M. Best.
The FIA business is a large and growing segment within the U.S. annuity market, the A.M. Best researchers said in a new survey of top FIA writers. This is leading to what the researchers called “increasing levels of product complexity as companies continue to innovate in response to rising competition.” Click HERE to view article
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Originally Posted at InsuranceNewsNet Magazine on November 2015 by Linda Koco.
Categories: Industry Articles
