News Moody’s Sees Pent-Up Demand for Life and Annuity Deals

December 2, 2020 by Allison Bell

Low interest rates and new accounting rules may continue to push publicly traded life insurers to sell variable annuity blocks to private capital companies in 2021.

Bob Garofalo, a senior credit officer at Moody’s Investors Service, and other Moody’s analysts make that prediction in a new report on the state of mergers and acquisitions in the U.S. life and annuity markets.

Click HERE to read the full story via ThinkAdvisor

Originally Posted at ThinkAdvisor on November 24, 2020 by Allison Bell.