2022 was a year of radical change for the annuity market as interest rates increased off historic lows. The rapid growth of RILA products stalled as FIA and MYGA products gained market share. The impacts of the higher rate environment are continuing to be realized in experience, inforce management, product design and more.
Come explore the retail annuity market with a focus on the impacts of higher interest rates. Session materials will draw on experience studies, sales results, product changes, and more to examine how higher interest rates have changed the annuity market.
TRACK: Assumptions and Experience Studies (Mortality, Longevity Improvements, Interest Rates, NGE, Etc.);Pricing/ Product Development (Underwriting, ULSG, Etc.)