Filed Under:Annuities, Sales Strategies

S&P Dow Jones Summit: Brighter times ahead for annuity industry

Photo credit: planlop88
Photo credit: planlop88

With interest rates that seem forever stuck in low gear, a stagnant economy and new capital reserving requirements on the horizon, the outlook for the life insurance and annuity business would appear to be cloudy at best. Yet speakers at the “2012 Variable Annuity & Life Insurance Summit: Managing Risk in Volatile Times,” sponsored by S&P Dow Jones Indices, found some reasons to be optimistic.

First, there are some pretty compelling demographics as huge numbers of pre-retirees seek retirement income solutions like annuities, pointed out keynote speaker Bob Kerzner, president and CEO of LIMRA, right. “This market will be good for the next 20 to 40 years,” he said.

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Nichole Morford

Nichole Morford
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