Best's Review Examines Potential for Annuity Industry Expansion

OLDWICK, N.J.--(BUSINESS WIRE)-- Best’s Review explores how federal changes have opened up income annuities as a new option for retirement plans, and how the staid annuity industry could benefit from incorporating long-term contracts into their products. The “middle market” represents untapped potential, and 401(k) providers have already begun announcing plans to offer guaranteed income products. Read more in “Annuity Providers See Growth Opportunity in U.S. Retirement Plan Changes.”

Best’s Review is AM Best’s monthly insurance magazine, covering emerging insurance issues and trends and evaluating their impact on the marketplace. Full access to the complete content of Best’s Review is available here.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2022 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220209005933/en/

Patricia Vowinkel
Executive Editor, Best’s Review®
+1 908 439 2200, ext. 5540
[email protected]

Source: AM Best

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