Mutual Trust Life Solutions 2024 Carrier Forecast

January 3, 2024 by Luke Cosme

At the close of almost every year I say to myself that the coming year can’t possibly be as challenging as this one. Fast forward to the end of the next year and…2023 was certainly no different. Rapidly rising interest rates helped improve portfolio yields for the first time in a long time. But those same rising interest rates made many financial service products more competitive as well. Add client concerns about inflation, the cost of housing and the economy in general and we saw a year where activity remained strong, but the money that clients were willing to put into life insurance declined.

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Originally Posted at Broker World Mag on January 1, 2024 by Luke Cosme.