Given the rise in interest rates during 2022, join an insightful discussion on the implications of increasing rates on fixed annuity (FA) and fixed index annuity (FIA) business by looking at industry experience for FA and FIA products for 2022 compared to earlier years. Additionally, you will walk through partial withdrawals, guaranteed lifetime withdrawal benefit (GLWB) utilization, mortality and what to expect as interest rate volatility continues.
Also find out how direct writers and reinsurers are handling the in-force management aspects of these products in the uncertain and volatile economic periods. Your learning outcomes will include:
- An understanding of the impact of rising rates on dynamic lapse for FA and FIA products
- Awareness of in-force management actions that are being taken in the current interest rate environment
- Becoming informed of current trends in GLWB utilization