FIAs Face Increasing Levels Of Complexity
October 8, 2015 by Linda Koco
A potential arms race may be ahead for fixed index annuity (FIA) business, similar to that in the variable annuity market a decade ago, according to analysts at A.M. Best.
The FIA business is a large and growing segment within the U.S. annuity market, the A.M. Best researchers said in a new survey of top FIA writers. This is leading to what the researchers called “increasing levels of product complexity as companies continue to innovate in response to rising competition.”
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Originally Posted at InsuranceNewsNet Exclusive on October 7, 2015 by Linda Koco.
Categories: Industry Articles