Life Insurance Outlook Holding Steady

Holding steady, with a slow and upward trend. That’s what Insurance News Net is calling for the 2022 U.S. life insurance outlook based on a Moody’s Investors Service report. Let’s take a look at a couple of factors they call out. 

The Market In Flux

The world is evolving and regulators are considering what kinds of new rules are needed to match these changes.

INFLATION: Some inflation is good for insurers, improving their investment yields and spreads on annuities, among other interest-sensitive products, and also boosting their sales. A sharp persistent spike in rates would be credit negative, but this is not what Moody’s expects.

NEW RULES: The world is evolving and regulators are considering what kinds of new rules are needed to match these changes. At the moment, Moody’s said none of these individual changes are likely to upset the industry's stable outlook, however.

Things can change. The market is definitely in flux based on many variables, but for now - the idea is that we can expect the life insurance sector to hold steady and trend upward.

Do you have questions about life insurance and whether your current coverage is enough to meet the changing times? We can help offer guidance on insurance, as well as other financial issues. 

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