Income Riders Spell Risk For FIA Carriers
November 2, 2015 by Linda Koco
As fixed index annuity (FIA) sales continue their meteoric rise, their risk profile has been increasing as well, according to an FIA market report from Fitch Ratings.
The guaranteed income rider is a key factor in this trend. Ever since these riders debuted in 2006, they have been contributing to FIAs’ sales growth as well as their risk profile increase, Fitch said.
Originally Posted at InsuranceNewsNet on November 2, 2015 by Linda Koco.
Categories: Industry Articles