Insurers Embrace New Opportunities for Annuity Innovation
January 6, 2021 by Contributor
[Structured] annuities (a.k.a. RILAs) are poised to exhibit robust growth as additional large, reputable insurers enter the space with innovative concepts. [Structured annuities] have garnered steady growth in recent years to reach a quarterly record of nearly $5 billion in 4Q 2019, according to Cerulli’s latest report, U.S. Annuity Markets 2020: A Decade of Adaptation.