Individual Life and Annuity Distribution - Two Sectors Take Different Paths

The U.S. life insurance industry has experienced profound and accelerated change over the past 30 years. These changes have been broad and have included, among others, an explosion in product development; significant consolidation of the industry; evolution of the legal, regulatory and competitive environments; greater efficiency driven by advancements in information technology and the overall globalization of the industry. One of the outgrowths of these ongoing changes has been a material divergence in the direction of distribution between individual life products and individual annuity products, according to a special report by the A.M. Best Co.

Individual Life and Annuity Distribution  - Two Sectors Take Different Paths
Source: Business Wire
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