Political Uncertainty Hangs Over Life and Annuity Sector at S&P Meeting
June 12, 2025 by Allison Bell
The U.S. life and annuity sector has been doing so well that Carmi Margalit, the life insurance sector lead at S&P Global Ratings, has no big current concerns about the companies that S&P rates.
“It’s a very stable, very highly rated sector,” Margalit said Wednesday in New York at S&P’s 41st annual insurance conference.
Interest rates look good, sales of products like individual annuities have been strong, and the impact of the new generation of anti-obesity drugs might eventually increase people’s life expectancy enough to reduce life insurance claims, Margalit said.