Ameriprise Plans to Keep Its Long-Term Care Insurance Block

News October 28, 2024 at 01:12 PM
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What You Need To Know

  • Reinsurers want to get life or annuity blocks along with LTCI blocks.
  • Ameriprise executives say they would get a bad LTCI deal and a terrible deal for other business.
  • Ameriprise executives are also leery of having to worry about the strength of a reinsurer.
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