In this week’s annuity roundup, we look at the latest developments at Symetra, US industry associations suing DOL to overturn fiduciary rule, and more.
Sales of annuities - notably fixed indexed annuities (FIAs) and registered index-linked annuity (Rilas) - by US life insurers have spiked since 2021, according to an S&P Global Ratings report published in June. Traditional life insurance policies present insurers with biological risk, which is much more predictable – and therefore easier to price ‘Annuities have become much more attractive to policyholders since interest rates have started to climb and insurers have raised th
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