Session 120: Emerging Differentiators in the Life and Annuity Reinsurance Spaceshareholders 63% share of premium Source: SUSEP Direct Premium - Only risk products – excluding VGBL ... Market in 2017 Ranking Company Name Direct Premium (in BRL'000) Direct Premium( in USD'000) Market Share ...
Description: When annuity products became prevalent in the U.S., they all looked more or less the same. It was where folks put their safe retirement money, yielding modest guaranteed returns with a menu of payout options to help secure their retirement. Over time, this commoditization lead to a pricing squeeze and an exhaustive set of product options and features, exposing carriers to market and policyholder behavior risk over the past decade or so.Hide
- Authors: Prannoy Chaudhury, Brian O'Neill, Ronald Poon-Affat, Carrie Freeburg
- Date: Feb 2020
- Competency: External Forces & Industry Knowledge
- Topics: Annuities>Capital - Annuities; Reinsurance; Reinsurance>Pricing - Reinsurance