Carrier executives had little to say about new long-term care insurance (LTCI) initiatives this week at the Standard & Poor’s Ratings Services insurance conference.
Some speakers mentioned the product when talking about the difficulty of managing insurer portfolios in an era of record low interest rates, or when discussing the effects of new insurance company financial standards on insurers’ ability to sell products that create long-term benefits obligations. The topic came up briefly during a session on efforts to sell more products to middle-market consumers.