Close
ThinkAdvisor

Life Health > Life Insurance

Misjudged annuity guarantees may cost life insurers billions

X
Your article was successfully shared with the contacts you provided.

Life insurers in the U.S. face charges against earnings potentially totaling billions of dollars from miscalculations about the number of customers who would exercise lifetime-income guarantees sold with the retirement products known as variable annuities, according to a new report from Moody’s Investors Service.

Read the full article here.

More on this topic