S&P Analysts Look at U.S. Annuity Market, See Cannibals
January 25, 2022 by Allison Bell
Rating analysts at S&P Global Ratings predict that sales of registered index-linked annuities, or RILAs, will continue to grow — by crowding out sales of fixed annuities, non-variable indexed annuities and traditional variable annuities.
The analysts talked about annuity-eat-annuity competition in a web meeting S&P held Thursday to address hot topics in the world’s insurance markets.\
Click HERE to read the full story via ThinkAdvisor
Wink’s Note: I am NOT seeing companies exit the VA market at all.
And I am especially not seeing companies exiting the fixed and indexed annuity markets, as a result of private equity-backed startups.
These people must not get their data from Wink, Inc.. -sjm