U.S. Life Insurers Enjoy Stable Outlook, Face Increased Competition

The next 12 months present challenges for the U.S. life insurance sector, including a flat yield curve, M&A activity, and a weak traditional sales environment that should be exacerbated by an increasingly complex product array, according to a report released to-day by Standard & Poor's Ratings Services. Nevertheless, Standard & Poor's believes the life insurance industry remains resilient due to its improved overall expense structure, enhanced enterprise risk management capabilities, and response to product needs in the ever-changing retirement market...

InsuranceNewsNet: U.S. Life Insurers Enjoy Stable Outlook, Face Increased Competition