Insurers Dive Into Grand Building Expansion Plans

July 27, 2018 by Cyril Tuohy

Life insurance sales may be flat but major insurance companies are pressing ahead with ambitious real estate projects.

Companies that have recently announced multimillion-dollar expansions, renovations and change of addresses include Thrivent Financial, MassMutual, Guardian Life, Jackson National, MetLife, Nationwide and Transamerica.

An improving economy and higher interest rates, which deliver better earnings on fixed investments, may be playing a role as insurers feel more confident about their economic fortunes.

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Originally Posted at InsuranceNewsNet on July 25, 2018 by Cyril Tuohy.