Speakers: Larry Rybka, JD, CFP

Year: 2021

Life Insurance in the New Normal An in depth look at how life insurance companies and their products have been impacted by the financial fallout of the virus. Many of the bonds and commercial mortgages on the books of US life companies have impacted by the broader economic dislocation. This inevitably will lead to more stress on life insurance companies balance sheets and surplus. In the wake of this, state insurance regulators have allowed delayed reporting of impairment in value of these assets and rating agencies have as yet not made adjustments in Group Ratings. This session will equip Form 400 members identify key data to help them better access which carriers may be most and least impacted. Learning Objective #1: Evaluate public data on Life Companies that Forum members do business with to better advise clients and centers of influence on which carriers are most and least disrupted. Learning Objective #2: Recognize and respond to macro economic pressures will impact product design and how non-guaranteed elements of pricing for in force and new products will be impacted Learning Objective #3: Recommend companies and product structures that will meet clients long term objectives