U.S. life insurance is a mature market, but changing demographics, strong competition, changing regulation, and a difficult economic environment necessitate continued evolution. Presenters will explore key regulatory factors facing the market, popular products to meet the market’s changing needs, and distribution approaches to make life insurance more accessible to the consumer.
At the conclusion of the session, attendees will be able to:
· Identify environmental influences impacting product design;
· Describe the latest market trends; and
· Understand how recent regulatory changes impact the product actuary.
Experience Level: All
Country Relevance: U.S.
1.50 SOA CPD
Product Development Section